NOV
7
2023
CBFL Seminar Series: Sanctions & The Finance Industry
Total Registrations: 21
Description
An analysis of sanctions enforcement shows shows results that may be surprising to many people. The United States has sanctioned over fifty individuals and companies based in Singapore. In the finance industry, in particular, the highest ever sanctions penalties have been paid by organisations that, firstly, operate in the banking sector and, secondly, are headquartered outside of the United States and – in some cases – have no presence at all in the United States.
Sanctions and sanctions compliance is not, then, an issue only for certain countries or individuals. They are applicable to every business and everyone, and this is an area of law that is only going to expand further as the “weapon of choice” in international conflicts.
About the Speaker
Jonathan Goacher is a partner at Stephenson Harwood, a London-headquartered law firm. He is based in Singapore, and has now lived here for 7 years. Originally from the UK, he is also admitted to practise law in the State of New York. He is one of a small number of sanctions experts based in Asia, having spent many years advising, presenting and training on sanctions across the world. He was naturally drawn to sanctions work, after studying both law and politics for his undergraduate degree.
Jonathan is regularly asked to advise various high-profile international businesses on US and other economic sanctions, especially those administered and enforced by the Office of Foreign Assets Control (OFAC). His work includes advising clients on deals and trades that are potentially affected by sanctions; obtaining specific licences from sanctions regulators in order to permit actions that would otherwise be prevented by sanctions; and has represented sanctioned individuals in delisting applications.
Terms and Conditions
1. Fees are to be paid before the commencement of the event with exception of e-invoices.
2. Fees paid are non-refundable.
3. Registration is transferable within the same organisation if the request is made at least one week before the event.
4. By filling up this Registration Form,
i. Participants agree and consent that their personal data provided in this form may be collected, used, processed, and disclosed by NUS and the event organisers for the purposes of processing their registration, in accordance with the Personal Data Protection Act 2012 and all subsidiary legislation related thereto.
In respect to disclosure, NUS may disclose participants personal data to thirdparties (which may be in or outside of Singapore) where necessary for such purposes.
ii. Participants will also consent to NUS taking photographs and videos for the purposes of event reporting, marketing, publicity, and media/social media. Participants further consent to NUS disclosing such photographs and videos to third party media entities (whether in Singapore or otherwise) for publicity purposes, and NUS may identify them by name.
iii. NUS and designated event organisers reserve the right to alter any of the programme or other arrangements for this event, including cancellation or postponement of the event, should circumstances so warrant.
Date and Time
Tuesday, 7th November 2023 4:00PM GMT+08:00
to
Tuesday, 7th November 2023 5:15PM GMT+08:00
Organisation
Faculty of Law
Contact Email
cbfl@nus.edu.sg
Location
Lee Sheridan Conference Room, Eu Tong Sen Building Level 1, NUS Bukit Timah Campus, 469G Bukit Timah Road