On-Demand Webinar: Capital in the Crossfire

The focus on sanctions risk in 2026 is shifting. Exposure is no longer just about screening counterparties or transactions. It is increasingly found embedded in capital markets – in passive index allocations, layered fund structures, securities clearing systems, commodity-linked finance and complex ownership chains.

At the same time, sanctions are being deployed more overtly as tools of economic and political policy. Recent developments – from the continuing Russia-Ukraine conflict and the evolving enforcement approaches globally, to renewed tensions involving Iran – illustrate this. Alignment across the US, UK and EU is less uniform than in previous cycles, and secondary sanctions continue to influence market behaviour beyond formal jurisdictional boundaries.

For financial institutions, the challenge is not just reacting to one-off policy announcements. It is grappling with structural complexity. Across APAC, supervisory expectations are also evolving, with regulators signalling a heightened focus on look-through capability, embedded portfolio exposure, ownership transparency and board-level governance and oversight.

This industry briefing will examine:

• The current sanctions landscape and the impact of recent geopolitical developments

• Navigating regulatory fragmentation and the influence of secondary sanctions

• Identifying and managing indirect exposure embedded within securities, indexes, and fund structures

• Practical approaches to managing the complexities of beneficial ownership and the 50% rule

• Building a robust governance framework that meets evolving supervisory expectations in APAC

• Claudine Lamond, Former Director, Australian Sanctions Office
• Dr. Adam Ruff, General Manager, Sanctions & ABC Compliance, National Australia Bank
• Raymond Wong, Former APAC Head of Sanctions, BNY Mellon
• Oliver Bodmer, Product Management Director, SIX

Moderator:

• Manesh Samtani, Editor, Regulation Asia