Business Implications of EU’s new Russia Sanctions
AmCham Denmark, in partnership with AmCham Norway and Sanctions Advisory, invite members to a webinar exploring the business implications of the EU’s latest sanctions against Russia. With the 14th package released in late June, many companies remain unaware of the operational changes and challenges these sanctions impose.
The new risk assessment and control requirements apply to firms that are selling anywhere outside the EU across various industries including those dealing in electronics, machining and manufacturing equipment, navigation equipment, optical devices, and all related parts and components at any point of the supply chain. And regulators will also be asking banks how they are complying.
This session will cover key topics such as:
- Requirements and expectations of the risk assessment
- Control requirements for high-priority items of Article 12gb (in place by December 26, 2024)
- “Best effort” expectations of Article 8A
- Secondary sanctions authorizations of Articles 5ab, 5ac, 5ad of Council Regulation 833/2014
Stay ahead of regulatory changes—don’t miss this opportunity to ensure compliance with the evolving sanctions framework.
** Registration Opening Soon **
Expert Speakers:
Tyler Nielsen, CEO, Sanctions Advisory
Tyler is the CEO of Sanctions Advisory. Previously, he served with the US Department of the Treasury, US Department of State, US Embassy Helsinki and as the Head of Advisory – Sanctions at Nordea. In his tenure with the US government, he was instrumental in driving sanctions policy and enforcement on Russia, Iran, North Korea, Syria and Africa sanctions programs, particularly in collaboration with Nordic governments.
Ida Seljesæter, Advisor & Country Lead – Norway, Sanctions Advisory
Ida, a Norwegian native based in Oslo, leads Sanctions Advisory’s operations in Norway. She specializes in helping clients in the finance, energy, and pharmaceutical sectors manage their sanctions and export control risks, particularly in the Asia-Pacific region towards China and Taiwan.