Law.com quoted Fenwick partner Robert Slack in an article discussing the U.S. government’s increased efforts to investigate tech companies that may have evaded sanctions and export control rules.
These violations can be inadvertent, but the risk is increasing due to the global tensions and conflicts that make avoiding compliance missteps more challenging. Attorneys are advising companies to create comprehensive sanction-compliance programs, train sales personnel and operations staff on potential red flags and remain vigilant for suspicious behavior by third parties. However, even with a well-crafted compliance plan, the rules have evolved to capture even those producing less sensitive consumer-grade goods and software, according to Rob.
Read the full article here.