Successful Export Controls Compliance: How to Conduct a Thorough Due Diligence for Exports to Sanctioned Countries

This export controls compliance training will focus on Office of Foreign Asset Controls (OFAC) regulations. Attendees will learn best practices for managing due diligence processes for their exports when dealing with sanctioned countries.

Why Should You Attend:

Conducting business on a global scale requires a comprehensive strategy when conducting due diligence on sanctioned parties or countries. A strong due diligence program will provide transaction-level transparency that is imperative when selling to questionable markets.

This webinar will explore the challenges facing multinational corporations when establishing best practices for managing their due diligence processes when dealing with sanctioned countries. This session will provide your organization with a regulatory overview of the US economic sanctions and will provide guidance on establishing best practices for managing these controls. It will focus primarily on the Office of Foreign Asset Controls (OFAC) regulations, but will provide considerations when looking at global transactions and foreign processes.

Areas Covered in the Webinar:

• Overview of the sanctions imposed by the Office of Foreign Asset Controls (OFAC)
• How do foreign sanctions differ from US sanctions?
• Considerations when establishing a due diligence program
• Overcoming conflicts between US sanctions and foreign blockage laws

Who will Benefit:

• Global Trade Compliance Professionals
• Inside Counsel
• International Customer Service
• Sales & Marketing
• Freight Forwarders who have export responsibility

Instructor Profile:

Suzanne Bullitt, is the Sr. Manager, Export Strategy & Compliance for Walmart of Bentonville, AR. Ms. Bullitt is an accomplished Trade Compliance professional with over 19 years experience in import and export compliance and logistics. She has extensive experience providing regulatory interpretation and guidance in compliance matters related to export controls and sanctions administered by the Commerce Department’s Bureau of Industry and Security (BIS), the U.S. State Department’s Directorate of Defense Trade Controls (DDTC), and the Treasury Department’s Office of Foreign Assets Control (OFAC) and the Department of Energy (DOE). She has a Masters in Government from Harvard University and holds a CUSECO® certification from the International Import-Export Institute at Dunlap-Stone University. She recently completed her CCEP® certification with the Society of Corporate Compliance and Ethics Professionals.