Synopsis
City & Financial Global is pleased to announce its annual Economic Sanctions Summit, which is taking place in Central London on 20 March 2025.
A great deal has happened globally since last year’s Summit. In particular, the incoming Trump administration is likely to herald a significant shift in US foreign policy towards Russia, China and the Middle East. The ramifications of this will be felt globally and will impact financial institutions and corporates in multiple jurisdictions. Of course, the UK also has a new Government with a potentially different agenda and there are elections across the EU which may influence the European approach to Russia.
The current conflicts and instability in the Middle East have exacerbated an already volatile geopolitical landscape. The sanctions imposed against Russian banks, companies, oligarchs and other entities whose association with Putin is potentially helping to fund the conflict in Ukraine were amongst the most draconian ever imposed. But have they worked? And what lessons have been learned for other potential conflicts in China and the Middle East?
These are some of the key themes to be addressed at the Summit which will feature a stellar speaker panel of leading Government and regulatory bodies from the UK, EU and US. At an industry level, the speaker panel will comprise leading sanctions and financial crime specialists who will examine how the imposition of sanctions, and the corresponding freezing of assets, will affect financial institutions and other global organisations in a rapidly changing geopolitical landscape.
Marcus ThompsonPartner
Kirkland & Ellis
Shruti ChandhokPartner
Kirkland & Ellis
Nabi AbdullaevPartner, Russia and CIS
Control Risks
Satindar DograPartner
Linklaters
Ed PearsonAssociate
White & Case
Jonathan BurkeGlobal Head of Sanctions Compliance for Banking
Citibank
Maya Lester KCBrick Court
Marketa PiecuchovaCompliance Officer
Swiss Re
Simon ArmstrongDirector – Sanctions Escalation and Alerts Advisory
Barclays
James GrantHead of Sanctions
Banking Circle
Robert McMillanManaging Director, Anti- Financial Crime and MLRO
Commerzbank
Yulia SolomakhinaSpecial Counsel (New York)
Cleary Gottlieb Steen & Hamilton
Rakesh PatelHead of Sanctions Policy Oversight & Export Controls
HSBC
Shahmeem PurdasyHead of Line 1 Financial Crime Advisory Team
Virgin Money
Philip WormanSenior Managing Director
J.S. Held LLC
Michael MunkSenior Managing Associate
Linklaters
Chloe CinaSenior Associate Fellow
Centre for Finance and Security (CFS), Royal United Services Institute (RUSI)
Igor SumkovskiSenior Compliance Manager
Euroclear UK and International
Richard DunmallEMEA Head of Sanctions
SMBC
Neil WhileyHead of Sanctions
Bank ABC
Head of Advisory Services
International Institute for Strategic Studies
Director - Strategy & Risk Advisory, Russia, Eastern Europe & Central Asia
J.S.Held LLC






