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On December 11, 2020, Russian International Affairs Council (RIAC), together with Interfax Group, with the support of X-Compliance, held an annual conference on sanctions risks for Russian and international business: 2020 results and 2021 perspectives. The conference was attended by the representatives of the Ministry of Finance of the Russian Federation, Interfax Group, Russian and foreign companies, as well as leading Russian experts on sanctions policy.

The speakers included: Dmitry Timofeev, Head of Department of External Restrictive Measures Control, Ministry of Finance of the Russian Federation; Vladimir Gerasimov, Executive Director, Interfax Group; and Ivan Timofeev, RIAC Director of Programs.

On December 11, 2020, Russian International Affairs Council (RIAC), together with Interfax Group, with the support of X-Compliance, held an annual conference on sanctions risks for Russian and international business: 2020 results and 2021 perspectives. The conference was attended by the representatives of the Ministry of Finance of the Russian Federation, Interfax Group, Russian and foreign companies, as well as leading Russian experts on sanctions policy.

The speakers included: Dmitry Timofeev, Head of Department of External Restrictive Measures Control, Ministry of Finance of the Russian Federation; Vladimir Gerasimov, Executive Director, Interfax Group; and Ivan Timofeev, RIAC Director of Programs.

The participants discussed the vector and the dynamics of the U.S. and EU sanctions policy against Russia, the role of the U.S. dollar and world reserve currencies in monitoring the compliance with unilateral sanctions regimes, current prospects and challenges in the development of compliance systems, as well as the key risks for Russian and international business in 2021.

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Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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