Integrating Export Controls and Sanctions for an Optimal Compliance Program: Revisiting Your Organization’s Risk Profile and Detecting Program Weak Spots

October 12, 2023 4:30pm

Xu Bing
Chief Counsel, Global Trade Controls
(WSN Member)*

Cristina Brayton-Lewis
White & Case LLP

Panelists will describe the evolution of their sanctions and export control compliance programs, lessons learned, what tools they have used, and other hallmarks of a best-in-class program to maintain compliance while maintaining supply due diligence and keeping supply chains moving.

  • Delve into certain components that companies have integrated within their current processes
  • Industry specific challenges – Semiconductor companies, telecommunication companies, aerospace companies, O&G, etc.
    • Program differences and similarities between industries
  • Working with verified entities – How much due diligence is enough?
  • How to conduct a sanctions risk assessment as part of your compliance program
  • Keeping up with evolving export control requirements
    • Assessing the benefits of self-disclosure amid a possible violation
  • Getting buy-in for compliance efforts from the top down
  • Resource challenges: Getting top down buy-in