Rodge Cohen and Beth Davy Co-author Article on Regulatory Developments for Global Banking & Financial Policy Review

2007-2008 Edition

In its 2007/2008 edition of Global Banking & Financial Policy Review, Euromoney published an article co-authored by Mr. Cohen and Ms. Davy titled “Key recent regulatory developments affecting financial institutions: The US sanctions programmes.” The article explores the effects of economic sanctions, including the increased importance of such sanctions, how they can effect non-U.S. institutions, a look ahead at how enforcement may look in 2009 and recommendations for how institutions should proceed. “Although the US laws and regulations relating to economic sanctions programmes have been on the books for many years, recent developments in enforcement create a perhaps unprecedented challenge to the financial services industry,” say Mr. Cohen and Ms. Davy.