Navigating U.S. and Canadian Economic Sanction Landmines

Anti-corruption and economic sanctions regimes frequently overlap -- both anti-corruption laws and government sanctions are key consideratons when doing business overseas.   A recent program presented by the Momentum Events Group as part of its AML & Economic Sanctions Compliance Assembly discussed: important elements of the U.S. and Canadian economic sanctions regimes; the current status of sanctions against Iran, Russia and Ukraine; and compliance tips for assuring that businesses do not run afoul of existing sanctions.  The program featured Daniel Chapman, Chief Compliance Officer and Counsel at Parker Drilling Company; Vincent DeRose, a partner at Borden Ladner Gervais; and J. Scott Maberry, a partner at Sheppard Mullin Richter & Hampton.  For a comprehensive look at U.S. sanctions enforcement and effective compliance programs, see “FCPA and OFAC Compliance Essentials” (Oct. 8, 2014). 

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