Preparing for a Sanctions Crackdown on Apparel Companies with Operations in China

A recent spate of OFAC designations, along with advisories jointly issued by the U.S. Departments of State, Treasury and Homeland Security about the risks of supply chain links to North Korea, may signal an impending crackdown on apparel companies with operations in China. In a guest article, Ryan Fayhee and Ashley Hodges, respectively a partner and associate at Hughes Hubbard, analyze the advisories and provide practical steps companies can take to mitigate supply chain risks. See “Five Ways a Company Can Leverage Its Anti-Bribery Compliance Program to Facilitate Sanctions Compliance” (Sep. 14, 2016).

To read the full article

Continue reading your article with an ACR subscription.