Russian Trade Under a Microscope: How to Adapt to the Shifting Export Controls and Sanctions Landscape

The Russia-Ukraine war has spurred enforcers, and in turn, the regulated community and the defense bar to make quick adjustments to export controls requirements. At the recent SCCE Corporate Compliance Enforcement conference, Matthew Axelrod, Assistant Secretary for Export Enforcement at the Bureau of Industry and Security in the Department of Commerce, said the agency is making greater efforts to partner with industry to help it meet new obligations. The Anti-Corruption Report spoke to practitioners on the current compliance challenges, and while Russia tended to be top-of-mind, they also raised restrictions involving other countries, including China. See also “Regulatory Landscape and Best Practices for Cloud Computing and Export Activity” (Sep. 29, 2021) and “Navigating an Aggressive AML and Sanctions Enforcement Environment: Risks and Frameworks” (Jan. 20, 2021).

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