Winston Partner Cari Stinebower Spoke at Hong Kong General Chamber of Commerce’s “U.S. Sanctions and Export Control – Are you up to speed and prepared?”

Recent months have seen a series of drastic changes to U.S. export controls that take aim at information and communication technology providers, with a seeming focus on China. These changes have increased the risk exposure of companies involved in the supply chain of products, software, and technology. In some cases, these measures have exposed distributors and even customers to regulatory risk.

In the meantime, the U.S. has amended its sanctions regulations and enhanced enforcement, which has created new challenges for businesses facing a global compliance environment. The expansion and increasing overlap of these regimes have made compliance for companies with multinational operations, supply chains, and customers more complex by the day.

Winston Partner Cari Stinebower provided a detailed update on the current status of U.S. export control and sanction regimes and their implications for businesses in Hong Kong and Mainland China. She also discussed various risk indicators, enforcement trends, and what companies can do to stay protected.