Introduction

At a time when the global financial crisis has severely impacted trade flows and hampered world growth, what is the effect and the justification for the extraterritorial application of economic sanctions? The long arm reach of law enforcement agencies puts global companies before unprecedented challenges in terms of conflict of laws and regulatory jurisdiction. What is the right balance between the governments’ objective of moving to a safer world and the business reality? How are judges and arbitrators expected to adjudicate a claim against non-performance triggered by foreign economic sanctions?

Conference highlights

This Conference provides a unique public-private forum to discuss the extraterritorial application of economic sanctions. Industry leaders and their counsel will make the case to government officials on both sides of the Atlantic on how sanctions could be better conceived and applied.

Who should attend?

Lawyers, compliance officers, bank executives, general managers, payment and treasury officers in companies and banks, government officials and academics.

MORNING SESSIONS (09.15-12.45)

Introductory remarks

• How do economic sanctions fit with the action of ICC on free trade?
• The Institute and its action
• Economic sanctions in the global economy

From the trench: the impact of extraterritorial economic sanctions on economic activity

• Impact on Insurance, on Banking and on Industry

Panel discussion and Q&As

Is Extraterritoriality necessary for the efficiency of economic sanctions?

Panel discussion and Q&As

The case for the defence:

• Extraterritorial economic sanctions in conflict with local laws
• Voluntary cooperation: what does it mean?
• Redefining the purpose of blocking statutes

Panel discussion and Q&As

Lunch

AFTERNOON SESSIONS (14.15-17.30)

Avoiding conflicts of laws: in pursuit of peace?

• Cooperation amongst States as an antidote to extraterritoriality
• Incorporating economic sanctions in your contract: conflict with local laws, conflict with industry standards, best practices

Extraterritorial economic sanctions in practice

• Conducting effective internal investigation in practice: cost, logistical organization, conflict with local laws

Panel discussion and Q&As

Extraterritorial economic sanctions in the court

• Are arbitrators compelled to give effect to economic sanctions ?
• Different case scenarios where the sanction is imposed by the law

Panel discussion and Q&As

Concluding remarks

• Understanding the business needs while living in a safer world

Cocktail Reception

End of the conference

Speakers

Georges Affaki, Vice-Chair, ICC Commission on Banking Techniques and Practice; Council Member, ICC Institute of World Business Law

Karl-Heinz Böckstiegel, Arbitrator; Böckstiegel, Germany; Chairman, Deutsche Institution für Schiedsgerichtsbarkeit e.V.; Council Member, ICC Institute of World Business Law

Julian Burling, Barrister, Arbitrator and Mediator, Serle Court Chambers, United Kingdom; Former General Counsel, Lloyds, United Kingdom

Bernard Carayon, Congressman, National Assembly, France; Member of the Finance Commission, National Assembly, France (tbc)

Stéphane Chardon, DG External Relations, European Commission, Brussels

Yves Derains, Partner, Derains & Gharavi, France; Chairman, ICC Institute of World Business Law

Jean-Luc Guitera, Partner and Head of Forensic, KPMG, France

Alice Lacourt, Legal Counsellor, Foreign and Commonwealth Office, United Kingdom

Carlo Lombardini, Partner, Poncet, Turretini, Amaudruz, Neyroud & Partners, Switzerland; Lecturer in Banking Law, University of Lausanne

Emmanuel Jolivet, General Counsel, ICC International Court of Arbitration, France

Paul Marquardt, Partner, Cleary Gottlieb Steen & Hamilton, Washington DC, United States

David Mortlock, Special Assistant, Office of the Under Secretary for Economic Growth, Energy and the Environment, U.S. Department of State, Washington DC, United States

Steven Pelak, US Department of Justice, Brussels (tbc)

Emmanuel Rosenfeld, Partner, Veil Jourde, France

Pierre Servan-Schreiber, Partner, Skadden, France

John Smith, Associate Director, Office of Foreign Assets Control, Washington DC, United States

V.V. Veeder, Q.C., Arbitrator,Essex Court Chambers, United Kingdom; Council Member, ICC Institute of World Business Law

Gérard Worms, Chairman, ICC International Chamber of Commerce, France; Vice-Chairman, Rothschild Europe, France

Date
Monday 25 June 2012

Venue
International Chamber of Commerce
38, Cours Albert 1er, 75008 Paris, France

Registration fees
The registration fees include all conference activities including documentation, lunch and coffee breaks. Travel and hotel expenses are not included.

Early Bird Special until 9 May 2012:
ICC Members ¤ € 690* (€825,24)
Non-Members ¤ € 790* (€944,84)

After 9 May 2012:
ICC Members ¤ € 890* (€1 064,44)
Non-Members ¤ € 990* (€1 184,04)

*excl. VAT 19.6%. As of 2011, ICC Services must set its prices to include the VAT pursuant to Article 53 of the European Directive 2006-112CE. Please note that you can request a reimbursement of the VAT through your local tax administration. (If you are not a member of the EU, you must obtain a French tax representative in order to receive the VAT reimbursement.)

How to register
Easier and faster, register online (secured payment by credit card) at http://www.iccevents.org/
Or return the registration form indicating method of payment to:
E-mail: events@iccwbo.org Tel: +33 1 49 53 30 42, Fax: +33 1 49 53 30 30
Post: ICC Services, Training and Conferences, 38, Cours Albert 1er, 75008 Paris, France

Registration will be confirmed upon receipt of the registration form and registration fees.
To benefit from early bird rates, please note that ICC Services must receive the payment before the deadline.

Travel and accommodation
Participants are responsible for making their own travel arrangements and hotel reservations. A list of hotels in Paris, with which ICC has negotiated preferential room rates, will be sent to you upon receipt of the registration form.
We are able to dispatch visa invitation letters to support your visa application only after receipt of your registration form and full payment of your registration fees.

Working language
English

Credits and hours
ICC Training and Conferences is eligible for CLE credit under New York's approved jurisdiction procedures, is a State Bar of California approved MCLE provider and is a Solicitors Regulation Authority and General Council of the Bar of England and Wales External CPD Course Provider. French Bars: This training has been sent for CNB approval.
Continuing legal education: organization registered in France under n° 11 75 40892 75.

Cancellation policy
50% of the registration fee will be refunded if notice of cancellation is received in writing before 25 May 2012. Cancellations after this date are not refundable. Subject to agreement from ICC Training and Conferences prior to the event, the registration may be transferred to another person from the same company or organization at no extra charge. Updated registration information will be required.
Please note that ICC Services reserves the right to cancel this event or to make minor alterations to the content and timing of the programme or to the identity of the speakers. In the unlikely event of cancellation, delegates will be offered a full refund. ICC Services will not, however, be held responsible for any related expense incurred by the participant.

Partnership opportunities
This training offers you an unrivalled opportunity to build worldwide partnerships. Partnering will get you visibility with the major decision makers in global business and/or within the international arbitration network. To view the Sponsorship Opportunities click here. For further information, please contact Ms Rodriguez at: luz.rodriguez@iccwbo.org