Recent months have seen a series of drastic changes to U.S. export controls that take aim at information and communication technology providers, with a seeming focus on China. These changes have increased the risk exposure of companies involved in the supply chain of products, software and technology. In some cases, these measures have exposed distributors and even customers to regulatory risk.
In the meantime, the U.S. has amended its sanctions regulations and enhanced enforcement, which has created new challenges for businesses facing a global compliance environment. The expansion and increasing overlap of these regimes has made compliance for companies with multinational operations, supply chains and customers more complex by the day.
To provide our members with a detailed update on the current status of U.S. export control and sanction regimes, and their implications for businesses in Hong Kong and Mainland China, the Chamber has invited Cari Stinebower and Chris Monahan, partners leading the international trade practice at Winston & Strawn, to speak on the subject. They will also discuss various risk indicators, enforcement trends, and what companies can do to stay prepared and protected.
Both speakers have more than a decade of experience helping companies to navigate the complex rules and regulations governing international trade and respond to inquiries from government agencies. They have advised numerous companies on strategies to accomplish their business objectives while ensuring full compliance with rapidly changing regulatory regimes. Stinebower previously served as counsel for the U.S. Office of Foreign Assets Control (OFAC), which administers and enforces economic and trade sanctions.