Sanctions and export controls for technology and telecommunications

In this one-hour webinar, London-based Latham & Watkins Partner Charles Claypoole and Amsterdam-based VEON Associate General Counsel Philip Smith outline key elements of US, EU and UK sanctions and export control regimes with impact on the telecommunications industry, walking participants through new rules, recent developments and practical tools to use to mitigate and manage export controls risks.

By the end of the session, viewers will have a clear understanding of:

• US, EU and UK sanctions and export control regimes relating to ICT
• New sanctions and export controls rules and enforcement trends impacting the telecommunications industry
• Recent developments regarding national security and 5G and their consequences for business
• Best practices in managing and mitigating sanctions and export control risks, including:
  – What to do when your significant technology and service vendor is put under trade restrictions
  – How to manage customer roaming to countries of higher risk
  – What the latest restrictions mean for your existing contracts entered into years, sometimes decades, ago
• A checklist of issues to watch for going forward

Charles Claypoole is a partner in the London office of Latham & Watkins and a member of Latham’s International Arbitration and Public International Law Practices. He advises on a wide range of public international law and dispute resolution issues, including international investment law, international trade law, investment treaty arbitration (primarily under bilateral investment treaties and the Energy Charter Treaty), international commercial arbitration, UN, EU, and UK international trade sanctions, EU and UK export control laws, State immunity, international humanitarian and human rights law (including Business and Human Rights), land and maritime boundary law, and the Law of the Sea.

Philip Smith is the Associate General Counsel for Sanctions, Anti-Money Laundering & Risk at VEON Ltd in Amsterdam, The Netherlands. Mr. Smith advises VEON on counterparty and customer risks, corporate finance, treasury and M&A transactions, compliance best practices for financial services and core telecommunications. Prior to joining VEON, Mr. Smith worked for Credit Suisse AG in Zurich, Switzerland and New York, USA.  At Credit Suisse, Phil was part of the Financial Crime Legal and Compliance organization where he oversaw financial crime risk and controls, advised on customer acquisition and transactions, and interacted with prudential regulators. He is a licensed lawyer in New York, USA and a Certified Anti-Money Laundering Specialist.