This session will dissect the risks and challenges faced by businesses providing finance in emerging markets, and the next generation of lawyers advising them. Those businesses often face an uphill task to comply with international sanctions regimes and Anti-Money Laundering regulations. We will discuss how they can navigate local and international regulatory frameworks and manage risk effectively, particularly when dealing with fraud and corruption in emerging markets, Politically Exposed Persons and politically unstable regions, as well as complex financial and corporate structures. The panel will also examine trade restrictions and the ethical and reputational challenges associated with large-scale infrastructure projects, such as transport, housing and energy projects, which can have a major impact on local communities and the environment.