Did you know that business should not be conducted with a company with 50 percent ownership by a blocked person?
Complying with the “50 Percent Rule” from OFAC and the EU can create risks for companies that transcend industries and jurisdictions.
During this web seminar, Kharon and Descartes will discuss the intricacies and application of regulatory guidance on the 50 Percent Rule. The event will focus on rules for calculating ownership and directive-based restrictions specific to sectoral sanctions.
Key Focus Areas
Preston Barton, Vice President, Descartes
Preston is an industry veteran in trade compliance sector. His experience in trade compliance and sanctions has added value in the development of solutions to help businesses reduce risk and drive-up revenue.
Benjamin Davis, Chief Research Officer, Kharon
Ben heads Kharon’s research and analysis team, which supports global institutions with the highest caliber sanctions network intelligence. Ben’s unparalleled expertise on the commercial and operational activities associated with sanctioned actors is built on over a decade of experience in the US government, academia, and private legal practice.
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