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Minimizing the High Risk of Non-Compliance with the US and EU 50% Ownership Sanctions Rules

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What You'll Learn


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

  • Tactics used by sanctioned parties to evade the 50% rule 
  • How to use technology to help reduce risk 
  • Case studies on sanctioned parties from Iran, Russia, and Venezuela 
  • The scope of entities, across geographies, and industries that are "sanctioned by law” 


Presenters 

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.  


Register & Share


Register to view Minimizing the High Risk of Non-Compliance with the US and EU 50% Ownership Sanctions Rules which took place on Thursday October 10th.

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