Doing Business in China:  New U.S. Commerce Department Restrictions, New Hong Kong Law and What They Mean for Your Business

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Doing Business in China: New U.S. Commerce Department Restrictions, New Hong Kong Law and What They Mean for Your Business

Tuesday, 21 July 2020 | 8:00 AM EDT (1:00 p.m. GMT+1)

New restrictions on trade with China and Hong Kong impact business. On 29 June 2020, the Commerce Department’s Bureau of Industry and Security (“BIS”) put into effect two new rules that increased compliance obligations and expectations for customer due diligence for companies that routinely conduct business with China. These rules eliminate license exceptions, require additional export reporting, and expand the restrictions on exports to military end users and for military end uses. On 14 July 2020, the President signed the Hong Kong Autonomy Act, leading to new risks for companies and financial institutions. This webinar will provide a discussion of these new China trade measures and what they mean for your organization. The discussion will include tips to help companies ensure compliance while minimizing business disruptions.

 

CLE credits are available for this webinar in the following states – TX, VA, NY, NJ, CA. Additional instructions on how to obtain CLE credits will be provided during the webinar.

SPEAKER BIOGRAPHY

F. Amanda DeBusk

Chair, Global International Trade and Government Regulation Practice, Dechert LLP

Amanda DeBusk, chair of the firm’s global International Trade and Government Regulation practice, focuses on matters relating to U.S. international trade regulations, export controls, sanctions and trade compliance. Ms. DeBusk is highly regarded as an authority on the enforcement of export and trade compliance, drawing on her experience as the former U.S. Commerce Department assistant secretary for Export Enforcement to represent clients across a broad spectrum of matters relating to civil and criminal enforcement, voluntary disclosures, regulatory compliance and customs.

 

Ms. DeBusk offers expertise in a number of regulatory areas, including the Foreign Corrupt Practices Act and the Buy America Act. Her clients include leading multinationals and Fortune 500 companies. Ms. DeBusk practices across an array of industries, including defense, banking, manufacturing, electronics, automotive, agriculture, aerospace, telecommunications and energy.

 

Ms. DeBusk is consistently recognized and recommended as a top international trade and business lawyer in Chambers and The Legal 500. She was recently listed as one of the “top 30 practitioners of international trade law in the world” by Euromoney’s Best of the Best Expert Guide, and received a Lifetime Achievement Award from the Association of Women in International Trade (WIIT). Ms. DeBusk was also recognized by Best Lawyers for International Trade. Ms. DeBusk is an active contributor to the international trade community, presenting at conferences and webinars around the world such as the American Conference Institute’s Networking & Leadership Forum for Women in Defense and Aerospace Law & Compliance, the Annual TRACE Forum and C5’s Conference on U.S. Defense Trade Controls Under State and Commerce. She has also authored articles for The Journal of Export Controls and Sanctions, Law360, The Export Practitioner and Westlaw Journal White-Collar Crime.

 

Ms. DeBusk is co-chair of Dechert’s Global Women’s Initiative, which aims to identify and implement initiatives that promote opportunities for women to advance and lead throughout the firm.

 

Prior to joining Dechert, Ms. DeBusk was a partner at another international law firm, where she was the chair of the international trade department.

Karen Nies-Vogel

Director of the Office of Exporter Services
Bureau of Industry and Security, U.S. Department of Commerce

Karen Nies-Vogel serves as the Director of the Office of Exporter Services (OEXS) within the U.S. Department of Commerce’s Bureau of Industry and Security (BIS). Through its offices in Washington, DC, and Irvine and San Jose, California, OEXS is responsible for the Bureau of Industry and Security’s outreach, education, compliance and regulatory activities. In addition to counseling exporters, organizing and providing seminars, and drafting changes to the Export Administration Regulations (EAR), OEXS also advises exporters on compliance and administers compliance checks on exporters shipping items subject to the EAR. During her twenty-year plus tenure with BIS, Ms. Nies-Vogel has served as the Chairman of the End-User Review Committee, as the Director of the Strategic Analysis Division in the Office of Strategic Industries and Economic Security, and as an Export Policy Analyst in the Office of Non-proliferation and Treaty Compliance’s Foreign Policy Division.

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