EP6: The Impact of Russia's Invasion of Ukraine - A Trade Finance Compliance Perspective

Download the whitepaper: https://ihsmarkit.com/Info/0522/impact-russia-invasion-ukraine-trade-finance-compliance-perspective.html In response to Russia’s invasion of Ukraine, governments and regulators have enforced stringent sanctions in key strategic industries. Countries have periodically announced new restrictions on various Russian individuals, entities, and industries; and it is likely that this will continue as the conflict is prolonged. In this episode, Ravi Amin and Jeremy Domballe dive deeper into our latest whitepaper; The Impact of Russia's Invasion of Ukraine - A Trade Finance Compliance Perspective, which focuses on some of the key trade compliance risks financial institutions now face in the context of multiple sanctions on Russian entities including Russian owned vessels, export control regulations and the restricting of corporates from exporting and importing certain goods that may enhance key Russian industries including the energy, aviation, aerospace and technology sectors. Speakers: Ravi Amin - Trade Compliance Subject Matter Expert, Maritime & Trade and Supply Chain, S&P Global Market Intelligence Jeremy Domballe - Subject Matter Expert, Maritime & Trade and Supply Chain, S&P Global Market Intelligence Ravi Amin joined IHS Markit (now S&P Global) in February 2020 as a Trade Compliance Specialist, to provide valuable insight to customers helping them to reduce global supply chain risk, and provide transparency in the Maritime and Trade sector through incorporating in-depth risk and compliance procedures. Mr. Amin has five years' worth of industry experience and considerable knowledge in the Trade Finance sector having previously worked at Accuity as the Trade Compliance Product Manager for four years, where he was pivotal in the innovation and building of risk monitoring products fit for multiple industries, including the Financial and Transport industries. Mr Amin's has expert knowledge in the European and American Dual-Use and Military Goods Regulation, as well sanctions and regulatory compliance, and has used this knowledge to help design the best in class tools to manage risk. Prior to starting a career in Risk and Compliance, Mr. Amin worked at Ipreo for five years in Corporate Advisory Services, helping to provide shareholder surveillance, investor targeting, capital flows insights and investor perception to clients allowing them to understand more about their shareholder base. He holds a Bachelor's of Science Degree in Economics from City University, London. Jeremy Domballe specialises in data assets and solutions within the Maritime & Trade and Supply Chain division. He partners with executives and businesses of all sizes around the world to identify growth opportunities, reduce global supply chain risk, assess markets, as well as assisting in providing transparency in the maritime domain awareness space, including areas such as shipping compliance and risk. Mr Domballe also collaborates with many of our industry experts to develop compelling insights, conducting research, analysis and finding new innovative ways to portray, interpret and mesh different data together. Mr Domballe has five years of experience in the industry with a history of client support. He holds a BSc in Environmental Hazards & Disaster Management, graduating from Kingston University, London and is fluent in French.