Sanctions & Embargoes US/EU-Export- & Re-Export Controls for Banks and Corporates

Date & Time

5 - 6 November 2018 | 9:00 am - 5:00 pm

Location

Fleming’s Selection Hotel Wien City,
Josefstädter Strasse 10 – 12,
1080 Vienna, Austria

In cooperation with ICC Austria, Baker McKenzie cordially invites you to the seminar "Sanctions & Embargoes US/EU-Export- & Re-Export Controls for Banks and Corporates" on 05. – 06. November 2018 in Vienna.

EU & US Sanctions – also referred to as “restrictive measures” – against third countries, individuals or entities, are an essential EU foreign policy tool that it uses to bring about change in policy or activity by the target coun-try, government, entities or individuals.US Sanctions-, Export or Re-export Control Regulations apply whenever firms

  • sell or resell US origin products or services
  • sell or resell products, parts or components using US origin software or technology
  • use US origin parts & components in a manufacturing or assembly process
  • incorporate US origin subsystems, software & technology into products
  • sell products with US origin to domestic customers that (might) export these products
  • re-export US origin products, software or technology to sensitive destinations

For an EU manufacturer, bank, trader, forwarder it is therefore essential to comply with your respective local, EU, UN & US regulations. Violations may severely affect your business! This conference will enable you to stay within the law!

Global business integration leads to increasing sale & re-sale of EU and US items. Either as traded items (e.g. as measuring instruments), in assembled form (e.g. chips in an electronic control, computer or machine), or as soft-ware. Even if, for example, a US product has been imported legally into the EU, it doesn’t mean that the export can be done without a US license! The neglect of US re-export-regulations can lead to a total ban to trade with US goods for the non-compliant company & bank and severe fines.

Learn, when and how EU and US sanctions, export and re-export controls regulations are applied, how they interrelate with each other, how to apply this knowledge in your daily business to avoid unintentional diversion of EU and/or US products and technology to sensitive activities and/or destinations.

For registration and further information on the seminar, please click here.