Webinar: Counter Terrorism – Sanction List Check and Its Effects on Businesses

Products with the "Made in Germany" seal are held in great regard and are highly sought after. German capital goods and services contribute to Germany's standing around the world while strengthening economic growth and making Germany an attractive place to do business. Businesses are not only facing strong international competition, but must also comply with extensive national and international export control regulations to remain internationally successful. This is particularly true with the current geopolitical situation in many countries. Not just the EU sanction lists need to be observed. If you use US goods, the US sanction list also needs to be observed. And in this regard it's important to remember that the sanction lists are dynamic and constantly adapted to the political situation. As an example here it's worth noting Iran or Russia. Particularly Iran offers many new opportunities for German companies—as long as they know "who" they are doing business with.

This webinar provides information about the consequences of sanction list checks for businesses

The European Community and the USA have passed regulations to fight terrorism based on resolutions from the United Nations Security Council. These regulations apply in all member states of the European Union and the USA. You are prohibited from providing economic resources to any of the persons, associations, organizations or businesses included in the sanction lists, regardless of whether these are located in Germany or any other country.

• EU Sanction lists: Which EU sanction lists are there and why do I need to observe them?
• US Sanction lists: Which US sanction lists are there and why do I need to observe them as a European business?
• What do these sanctions mean for my business? Providing economic resources and the prohibition of indirect access.
• How can I ensure compliance with sanctions? How can I efficiently integrate compliance with sanctions in my business processes?

Business software in connection with the sanction list check

A modern business solution should not only be able to transparently and effectively handle the commercial and managerial aspects of your business, but must also be able to help you comply with legal requirements and avoid infringement. And it should do so without hindering your workflows. There needs to be perfect collaboration between your business software and the software for the sanction list check.

Speaker: Thorsten Langer – Expert on EU & US foreign trade law

Thorsten Langer—the speaker for this webinar—will elaborate on how export control can be integrated in your business processes. Mr. Langer has been active in the field of export control since 1991.

Webinar Details

Topic: "Counter Terrorism – Sanction List Check and Its Effects on Businesses"
Date: September 7 2016, 4 - 5pm (CET) 
Speaker: Thorsten Langer, FORMAT Software Service GmbH