Update on Canada’s Asset Seizure and Forfeiture Regime: Opportunities and Practical Challenges

March 6, 2024 3:45pm

Jessica B. Horwitz
Partner
Bennett Jones

Jeffrey Simser
Former Legal Director
Ministry of the Attorney General

Moderator:

Brenda C. Swick
Partner
Cassels Brock & Blackwell

Don’t miss this important discussion on Canada’s significant new powers related to asset seizure and forfeiture, where theory meets practice. During this panel discussion, we will explore the amendments to the law—SEMA (Special Economic Measures Act)—which gives rise to these new powers and their implications for the legal community and businesses in Canada. Join this panel discussion to explore:

  • Exploring the latest key developments related to the seizure and forfeiture of assets under Canada’s sanctions regime
  • Legal concerns and practical challenges related to implementation of the new powers
  • Compare and contrast Canada’s approach to sanctions forfeiture to that of other countries, including lessons Learned from U.S. forfeiture cases
  • Realistic prospects and anticipated procedure for use of the proceeds for the reconstruction of the Ukraine