Controlled Export Webinar Series - Session 2
19 juillet 2018
Session 2 - Economic Sanctions: Mitigating Your Legal & Reputational Risk
July 19, 2018
1:00 - 2:30 p.m. EST
Heightened international tensions, new and expanding trade and financial sanctions programs such as Magnitsky laws, and increased enforcement has made compliance with economic sanctions a critical issue for Canadian companies doing business abroad whether with customers, vendors, R&D partners or any other counterparties. This program will provide a very practical focus on key areas of high risk and the steps you can take to mitigate your exposure to sanctions enforcement action. Topics covered include appropriate sanctions screening of counterparties and those who own or control them, enhanced due diligence, mitigating exposure with contract clauses, related dealings with your financial services provider, addressing inconsistent or conflicting obligations of different sanctions regimes, and what to do if you discover a potential sanctions violation.