The speed and volume of change in the crypto asset markets has accelerated across the globe, with established financial institutions increasingly entering the sector whilst regulators look to keep pace. Recent high-profile developments and market volatility have led to growing calls for scrutiny and regulatory controls. Navigating this fast paced environment, within a sometimes disjointed regulatory framework, can be challenging. The Crypto Boot Camp 2022 Series covers the crypto ecosystem and integrating crypto into established financial systems (recordings available), crypto risk (3 November 2022), NFTs (15 November 2022), DeFi (1 December 2022), and Growth in Crypto (6 December 2022).

On September 30, 2022, the US Department of the Treasury’s Office of Foreign Assets Control published “Sanctions Compliance Guidance for Instant Payment Systems”. The guidance underscores the importance of a risk-based approach to managing sanctions risks related to payment technologies such as instant payment systems.

Baker McKenzie’s Sanctions Blog published the alert titled Department of Commerce Implements Additional Export Controls against Russia and Belarus and Refines Existing Controls on 22 September 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

The speed and volume of change in the crypto asset markets has accelerated across the globe, with established financial institutions increasingly entering the sector whilst regulators look to keep pace. Recent high-profile developments and market volatility have led to growing calls for scrutiny and regulatory controls. Navigating this fast paced environment, within a sometimes disjointed regulatory framework, can be challenging.
This virtual seminar series will provide insights on how the regulatory landscape is changing and discuss the future of crypto within the financial services sector. Set out below are details of our 2022 series.

Baker McKenzie’s Sanctions Blog published the alert titled G7 to implement price cap on Russian-origin crude oil and petroleum products on 2 September 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

Baker McKenzie’s Sanctions Blog published the alert titled OFAC amends existing and issues new General Licenses under Russia sanctions to authorize pension payments to non-US persons outside of Russia and closing individual accounts at blocked banks on 29 August 2022. Read the article via the link here. Please also visit ourSanctions Blog for the most recent updates.

Baker McKenzie’s Sanctions Blog published the alert titled OFAC Issues New General Licenses Related to Russia-Related New Investment Prohibition and Updates FAQs on 27 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

Welcome to our Virtual Global Trade Conference, a virtual offering for all our clients and friends worldwide. Baker McKenzie’s international trade compliance lawyers from around the world discussed the major developments impacting international trade, in 75 minutes sessions which took place from 20 to 21 July 2022.

Baker McKenzie’s Sanctions Blog published the alert titled US Government Sanctions More than 100 Russia-Related Parties and Prohibits the Import of Russian Gold in Coordination with G7 Allies on 1 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

Baker McKenzie’s Sanctions Blog published the alert titled OFAC Designates Additional Russian Parties and Amends and Issues Russia-Related General Licenses on 7 June 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.