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hello im nick elliott with the wall street journal and im very pleased to welcome you to this webinar on sanctions policy there are hundreds of you joining us today which is an indication of the risk and complexity of this issue sanctions have become a rapid fire policy tool and companies that fail to comply can be stung with large penalties but help is at hand we have two legal experts for you today from different parts of the world who will be talking about the outlook for sanctions and how you can steer a path through before we get to them a few points that i i need to tell you everything today is on the record as is standard with wall street journal events todays webinar is supported by dow jones risk and compliance which is the data and screening business of dow jones dow jones is the publisher of the wall street journal in addition to the speakers we have for you today and the discussion we also have a list of resources that youll find on the webinar home page that includes l