We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

The Value And Limitations Of Trade Compliance Policies

Law360 (March 2, 2018, 11:16 AM EST) -- Companies around the world are increasingly paying eye-popping penalties to settle allegations that they have violated U.S. economic sanctions or export controls. Last year, the Chinese telecom equipment company ZTE Corp. agreed to penalties of just under $1.2 billion in a combined civil and criminal settlement with the U.S. departments of Commerce, Treasury and Justice in connection with an alleged conspiracy to sell products subject to U.S. export control jurisdiction to Iran. In 2014, the French bank BNP Paribas agreed to pay $8.9 billion in a...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.