On November 16, Washington, D.C. national security Skadden PartnersBrian Egan and Eytan Fisch spoke at C5’s London Forum on Global Economic Sanctions.
Mr. Egan participated in the panel “China, the Future of Global Export Compliance and the Interplay With Sanctions: Navigating the Semiconductor Rules, Geopolitics and Your Newest Supply Chain Risks.” The speakers analyzed how the current geopolitical climate affects export compliance and supply chain strategies; the U.K. and EU response to U.S. policy on China trade and export controls; how multinational companies with business interests in the U.K., EU and the U.S. are revisiting business and supply chain operations in China; how semiconductor rules are affecting the U.K. and EU markets and supply chains, as well as U.S. compliance considerations: and practical challenges arising from International Traffic in Arms and Export Administration Regulations compliance.
Mr. Fisch’s panel “Complexities of Screening in Your Compliance Process” provided practical advice for compliance when U.K., EU and U.S. screening outcomes are in conflict. The speakers also provided insight into which new policies, processes and procedures have been successful in mitigating risk.