Hong Kong International Chamber of Commerce U.S. Sanctions Enforcement Q&A
Brian Fleming* and Timothy O'Toole will speak at the Hong Kong International Chamber of Commerce (ICC) U.S. Sanctions Enforcement Q&A, hosted by Stephenson Harwood, on November 7, 2018.
The topics discussed in the Q&A will include:
- U.S. sanctions issues that arise in connection with sea voyages (due diligence on the vessels, potential issues involving cargo and itinerary, etc.)
- U.S. sanctions due diligence in connection with financing contracts, mergers and acquisitions
- U.S. sanctions issues that may arise in connection with Iranian goods or services
- OFAC expectation of due diligence by non-U.S. banks in connection with Iran transactions
- U.S. sanctions issues that may arise in connection with electronic name and address screening
- What is the role of Export Administration Regulations (EAR) and the U.S. Commerce Department's Bureau of Industry and Security (BIS) in enforcing U.S. sanctions?
- How do OFAC Sectoral Sanctions against Russia apply to non-U.S. banks, especially when it comes to issuance of credit cards and other forms of consumer credit?
- Common U.S. sanctions issues that can arise from Letters of Credit
- Discussion of industries that have been the highest enforcement priorities for OFAC and BIS
- Update on OFAC Sectoral Sanctions against North Korea
*Former Miller & Chevalier attorney