The impact of Covid-19 around the globe has not lessened the need for businesses to devote resources to compliance with trade controls. To the contrary, it is increasingly important to focus on compliance. In addition to the introduction of controls related to exports of certain personal protective equipment, the EU and US have continued to introduce new rules and enforce existing measures related to sanctions and export & investment controls. Moreover, the relevant regulatory authorities have indicated that, despite the impact of the novel coronavirus on global business operations, they expect companies to continue to take steps to ensure compliance. Thus, businesses must continue to ensure that they are dedicating adequate attention and resources to EU and US trade controls in connection with their activities and operations.
Accordingly, the need to stay up to date on developments in trade controls remains critical. Recent international developments have broad implications for economic sanctions and export control regulation, posing a whole range of new challenges for European businesses. This webinar will address considerations under EU and US trade controls, including:
- Covid-19 related measures implemented by the European Union and the United States
- Expanded restrictions under US export controls related to China (including changes to the foreign direct product rule in connection with certain companies on the US Entity List, the expansion of the US military end-use and end-user prohibition, and the change in status of Hong Kong) and the corresponding position of the EU on China
- Increased screening and scrutiny of Foreign Direct Investment in the EU
- Upcoming changes as a result of the EU Dual Use recast and Brexit
- An opportunity for questions at the end of the webinar
- Hear about the ways in which economic sanction and export control regulations apply to the day-to-day business operations of European companies
- Explore strategies for addressing compliance challenges associated with recent regulatory changes
- Benefit from commentary from both EU and US practitioners
Bert Gevers, Partner/ attorney, Loyens & Loeff, Brussels, Member of the Board ICC Belgium
Susan Kovarovics, Partner/ Attorney, Bryan Cave Leighton Paisner LLP, Washington DC
Megan Barnhill, Partner/ Attorney, Bryan Cave Leighton Paisner, Washington DC
Compliance officers, trade finance managers, shipping and logistics managers, in-house counsel, and lawyers engaged in ‘trade finance’ and ‘commercial law’ of insurance companies, shippers, banks and all people dealing with EU and US import and export.
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Participation is free for ICC NL members but registration is mandatory. Registration for non-ICC members is EUR 100,- (excluding VAT/BTW). You can register atwww.icc.nl/seminars
. Please note that registration (on a first come, first serve basis) will close on Tuesday 16 June 2020, end of day.