ECOVIS ProventusLaw law firm, together with Rockit, invites all Fintech companies to a practical webinar on international sanctions to Russia.

With the daily expansion of international sanctions, it may be difficult for financial institutions to grasp the wealth of information and understand how the sanctions in force against Russia and Belarus may affect their further activities.

Fintech companies may, without suspicion, violate international sanctions and indirectly contribute to the strengthening of the military power of third countries subject to international sanctions.

The practical experience of Lithuanian entities shows that an effective sanctions compliance program is an essential condition for the development of a financial institution, and its development requires the sanctions risks assessment.

ECOVIS ProventusLaw’s experienced financial and economic sanctions experts will share practical advice to help you not get lost in these difficult times.

Topics we will discuss:
1. How to assess your vulnerability?
2. Due diligence on sanctions lists: essential aspects.
3. AML measures to manage the risk of sanctions.
4. Circumvention of sanctions: the latest typologies.

🕐 Date: 2022 March 22 11:00 – 13:00, Vilnius (LT) time
There will be 30 min for your Q&A and discussion at the end.
Language: Lithuanian

Speakers:
✅ Inga Karulaitytė – Kvainauskienė
ECOVIS ProventusLaw partner and attorney-at-law
Member of the Board of FINTECH HUB LT

The attorney focuses on FinTech’s regulatory compliance and is a Certified AML Expert (CAMS) who can help address a variety of compliance issues related to Money Laundering and Terrorist Financing Prevention (AML) and Customer Identification (KYC) processes, risk management, the PSDII Directive, and etc. Inga has more than 20 years of legal work experience, currently heads the Fintech and AML Teams in the law firm and is a member of the board of the association Fintech Hub. Inga actively shares her legal knowledge and experience – she has more than 10 years of experience as a lecturer at the university. Chambers and Partners also recognize Inga Karulaitytė-Kvainauskienė as a leader in Fintech Legal 2020, 2021, 2022, and IFLR1000 was recognized as a highly regarded lawyer in the field of Banking and Finance in 2019, 2020 and 2021.

✅Rūta Sakalauskaitė
ECOVIS ProventusLaw financial and economic sanctions certified expert

Ruth has previously worked with two global systemically important financial institutions (G-SIFIs) – HSBC and MUFG Bank (formerly Bank of Tokyo-Mitsubishi UFJ) in Singapore, the United Kingdom, Europe and China. Rūta holds International Sanctions Compliance Officer (ISCO) certificate issued by the MUFG Bank in conjunction with the Financial Integrity Network.
Before joining ECOVIS ProventusLaw, Rūta has held the role of Regional Head of financial crimes compliance training within the Global Financial Crimes Division of MUFG Bank, where she led the execution of the global training program in the Asia Pacific region of the bank. She advises companies on compliance and conducts PP / TF and compliance training in Chinese, English and Lithuanian.

The event will be held in Lithuanian.