Red Flags On Export Controls and Economic Sanctions

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Export controls and economics sanction compliance is a key part of any multinational’s international regulatory risk management. The U.S. government has prioritized enforcement of export controls and economic sanctions laws and regulations, and penalties in individual enforcement actions can reach the hundreds of millions or even billions of dollars.

Educating relevant personnel regarding export controls and economic sanctions red flags is important for numerous reasons.  Here are six (6) from Foley & Lardner.