Navigating the Most Vexing China Sanctions Challenges: Benchmarking and Best Practices
Eric Carlson
Partner
Covington & Burling LLP
Osmar Jose Benvenuto
Managing Director & Head of Financial Crimes Risk
Morgan Stanley
Sahra Su
Lead Senior Legal Counsel, Export Control (Global)
SAP
- Impact of US sanctions on business operations related to China/Hong Kong
- Best practices for diligence on counterparties in China (including XPCC)
- Understanding risks under China’s Countering Foreign Sanctions Law and related countermeasures
- Potential counter measures
- Micron ban
- Consultancy ban
- Examples from Russia that may be used
- Identifying impacts and adjusting
- Congressional and Administration responses
- Pending legislations/ special committees/ hearings
- G8/APEC, etc.
- Multilateral responses? Who joins and who doesn’t