Milbank LLP Global Risk & National Security partner Bijan Ganji moderated a panel titled “The Rise of Outbound Investment Rules and the Intersection with Sanctions and Export Controls: New Legal and Compliance Considerations Affecting Transactions” on December 4, 2025, at the American Conference Institute’s 15th Annual New York Forum on Economic Sanctions. Panelists, including from Tier 1 financial institutions, discussed the evolution of national security-related cross-border trade and investment regimes – with a focus on sanctions, export controls and the outbound investment rules – as well as emerging synergies and complications in associated compliance and risk management efforts and expectations for the direction of interpretive guidance and enforcement practices.
Hosted by the American Conference Institute (ACI) as part of its Economic Sanctions Global Series, the New York Forum on Economic Sanctions is an annual conference that gathers senior US government officials, legal professionals and compliance officers to discuss developments in sanctions, anti-money laundering laws and export controls and related compliance and risk management considerations, with a focus on the US government policy landscape, geopolitical developments and the convergence of national security-related coercive or restrictive economic measures.
Mr. Ganji advises clients operating, trading or investing across borders on compliance with, and management of risks relating to, laws and regulations governing global commerce and foreign investment, including economic sanctions administered by the US Department of the Treasury, Office of Foreign Assets Control (OFAC) and the US Department of State, Office of Economic Sanctions Policy and Implementation, export controls administered by the US Department of Commerce, Bureau of Industry and Security (BIS) and the US Department of State, Directorate of Defense Trade Controls (DDTC), among other legal regimes tied to foreign policy and national security.
