Basics of Export Controls 2022

In an age of fast-evolving geopolitical relations and security challenges, the rules of international trade are affecting U.S. and multinational corporations, financial institutions, investors and even governments as never before. The Commerce Department's Bureau of Industry and Security (BIS), the State Department's Directorate of Defense Trade Controls (DDTC), and the Treasury Department's Office of Foreign Assets Control (OFAC) each play an important role in administering and enforcing the intricate web of export controls and sanctions restrictions governing trade in U.S. products and technologies, the trade-related activities of U.S. and non-U.S. companies all around the world, and the financial transactions that make such trade possible.

Understanding the potential scope and applicability of these various laws and regulations to global business operations is increasingly important as the rules continue to become more complex and in an era of heightened agency enforcement and enhanced penalties. Such an understanding is an essential foundation for developing an effective global trade compliance program.

Benjamin J. Cote of Pillsbury Winthrop Shaw Pittman LLP and Joshua N. Williams of Covington & Burling LLP will discuss:

• The basic elements of the export control regimes administered by BIS and DDTC (25 minutes)
• The various economic sanctions programs administered by OFAC (25 minutes)
• Enforcement trends (10 minutes)

This briefing is scheduled as a review of the fundamentals before PLI’s more advanced Coping with U.S. Export Controls and Sanctions 2022 program on December 15-16.  Please register for the program and receive this briefing free as part of your registration. 

Simply enter discount code OHB2 BEC22 into both priority code boxes in your cart prior to checkout.