Exploring the Evolution of International Trade Compliance and Enforcement: US/EU Trends and Topics

On October 3, AmCham Denmark, in partnership with Kromann Reumert and Foley & Lardner, invited members and partners to a timely discussion on “The Evolution of International Trade Compliance and Enforcement”, with a focus on current US/EU trade compliance topics and trends.

The event, hosted by Kromann Reumert, was well-attended and our experts, Greg Husisian, Partner, Foley & Lardner and Hans Jakob Folker, Partner, Kromann Reumert gave a thorough overview of the international trade compliance and enforcement landscape with specific focus on the following:

• New “Know Your Customer” and “Know Your Supplier” expectations of regulators
• Why new regulations require implementation of comprehensive supply chain integrity procedures for companies with foreign operations or suppliers
• US/EU perspectives and comparisons on key compliance issues; and
• Updates to economic sanctions and enforcement trends, including the Russian sanctions

Foley & Lardner also provided a timely hand-out on Supply Chain Integrity and Anti-corruption which can be forwarded upon request to ed@amcham.dk.