Category

Sanctions

Category

On Monday 6 July 2020, the UK introduced the first sanctions under its new Global Human Rights sanctions regime, targeting 47 individuals and 2 entities. The regulations setting out the sanctions are made under the Sanctions and Anti-Money Laundering Act 2018 (the “Sanctions Act”) and impose asset freezes and travel bans on individuals and entities responsible for or involved in serious violations of human rights. The Sanctions Act was introduced to allow the UK to…

On 27 February 2020, the European Council made its first designations under the designated party regime that it introduced in November 2019 in response to Turkey’s unauthorised drilling activities in the Eastern Mediterranean (see our previous update here). Two Turkish individuals have been designated with immediate effect: Mehmet Ferruh AKALIN, Vice-President (Assistant General Manager) and member of the Board of Directors of the Turkish Petroleum Corporation (TPAO); andAli Coscun NAMOGLU, Deputy Director of the Exploration…

On 30 January 2020, the Swiss Federal Council announced the first successful pilot transaction under the proposed Swiss Humanitarian Trade Arrangement (SHTA), a payment mechanism designed to enable the delivery of humanitarian goods to Iran. The SHTA was developed by Switzerland since autumn 2018 with the cooperation of relevant US and Iranian authorities, along with selected Swiss and interested banks.  Once finally agreed and implemented, it will become the first US OFAC-consented humanitarian trade arrangement,…

Who Should Attend? In-house legal and compliance specialists working within the technology, media and telecoms sectors.

Speakers from Baker McKenzie’s Global Trade & Commerce, Compliance & Investigations, Antitrust & Competition, IPTech, and TMT Groups will discuss managing compliance risks in the context of the Technology, Media & Telecoms sector. We will have speakers from the UK, elsewhere in Europe, the US and Asia. Key topics will include:

  • Developments, risks and practical considerations for the TMT sector regarding sanctions, export controls, customs, anti-bribery and corruption, anti-money laundering, tax evasion, antitrust and competition, data privacy, consumer protection, cyber security and human rights
  • Practical sessions on best practices in the TMT sector for managing compliance risks in the context of (1) the cloud; (2) M&A deals; and (3) the supply chain, including the impact of Brexit and global trade wars.

Please click here for the full agenda.