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Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   In this episode, Justin interviews Cari Stinebower about sanctions as an enterprise risk management issue. They discuss the holistic view of the maritime space and enterprise risk. They cover aspects of the Terrorism Risk Insurance Act (TRIA) and how insurance companies, brokers, and reinsurers work with the U.S. Government to mitigate terrorism risk.   Listen for advice on keeping your organization compliant with respect to sanctions and terrorism risk.   Key Takeaways: [:01] About RIMS and RIMScast. [:16] About this episode of RIMScast. We will discuss geopolitical risk, sanctions, and TRIA with Cari Stinebower, a partner in the Washington, D.C. office of Steptoe. But first… [:42] RIMS-CRMP Virtual Workshops. RIMS will partner with PARIMA for the RIMS-CRMP on September 1st and 2nd for a two-day virtual workshop. Registration links are in this episode's show notes. [:55] Also on the webinars page, you will see a two-part series hosted by the RIMS Membership Department. The "Classroom to Career" webinar series highlights how RIMS equips students with the knowledge, skills, and connections needed to thrive in risk management careers. [1:10] Participants will gain insights into industry trends, career pathways, and practical tools that help them confidently step into the evolving world of risk management after graduation. These sessions will be hosted on September 1st and 9th. [1:24] These sessions are member exclusives and are complimentary for RIMS members, of course. So, if you are interested in becoming a member, this would be the time. Visit RIMS.org/membership. [1:34] Webinars: On September 17th, AXA XL returns to present the session, "Beyond the Loss Count: What Property Claims Reveal About Frequency, Severity, and Resilience." [1:46] On October 1st, Brown and Brown will make their RIMS Webinar debut with "The Future of Captives: What Risk Managers Should Think About Now." Visit RIMS.org/Webinars to register. [1:59] RIMS is back on YouTube. Our handle is @RIMSOfficialChannel. We've got plenty of videos there, including RIMScast, RIMScast Canada video podcasts, and other informative and entertaining content from RIMS. Subscribe to the channel today! [2:17] On with the Show! Our guest today is Cari Stinebower. She is a partner at Steptoe in Washington, D.C., and a former U.S. Department of the Treasury and Office of Foreign Assets Control (OFAC) Attorney-Adviser. [2:32] Cari focuses her practice on regulatory risk where U.S. National Security and Foreign Policy objectives intersect with cross-border business. [2:39] We will talk about fraud, money laundering detection, and cybersecurity, and how this can be connected to the Terrorism Risk Insurance Act (TRIA). [2:50] We'll also talk about how international sanctions can impact any organization, and why risk managers should be strategizing now, if they haven't already. There is so much to discuss!  Let's get to it! [3:04] Interview! Cari Stinebower, welcome to RIMScast! [3:24] Cari says she was at OFAC at an interesting time. She came in after a Hill job doing the campaign finance cleanup for the Democrats for three years, from 1996 to 1999. [3:38] Cari says that OFAC sank their teeth into anti-money laundering and the detection of fraud and corruption. When Cari joined Treasury as an analyst within OFAC, they slotted her into a position focused on counter-narcotics work, and also on the Milošević tribunal. [4:03] Cari says there was lots of work to do and not enough staff to do it. Everyone ot OFAC had then, and still has, multiple portfolios. Cari was splitting between Milošević and counter-narcotics work. [4:20] Cari says she spent a lot of time in Colombia working with banks and the Colombian government on anti-money laundering, focused on the cartels. The drug dealers were very sophisticated and were spectacular at establishing front companies and money laundering. [4:54] Cari says it was a very good lesson for what was to come through the counter-terrorism work. The Colombian narcotics traffickers and their front companies were light-years ahead on money laundering techniques and sanctions evasion. [5:44] Cari says in Colombia, at that time, the narcotics traffickers were excellent businessmen. It was such a lucrative career that they had to find ways to wash the cash. They were buying agricultural businesses, tourism businesses, pharmacies; anything they could to launder cash. [6:18] Cari says they could have been fabulous businessmen if they had gone legitimate. She says some of them tried. [6:32] Cari says 9/11 happened, so the world changed overnight. Cari switched from a counter-narcotics focus to a counter-terrorism focus. [6:44] They started chasing the money. Who was the source of the funds? Where was it going? Which financial institutions were involved? Were they doing it knowingly? Were they being used by governments? Were they being used by "charities"? How is it flowing? [7:03] Cari says that became her focus at OFAC for the next five years after 0/11, before she hopped into the private sector. [7:39] Justin asks about sanctions against nations. Cari says the old way Treasury used to do sanctions was by jurisdiction. A jurisdiction would be identified as prohibited, off-limits for U.S persons, meaning individuals and entities. [8:01] Any funds, transactions, or contracts that came into the possession or control of the U.S. person or entity would, by operation of law, be blocked or frozen; the title remained with the sanctioned party, but the U.S. person or entity had to freeze it and report it to the Treasury. [6:26] The original sanctions on Iran were jurisdictional, based on the government, based on persons located within the jurisdiction of Iran. The Department of the Treasury was aggressive in pursuing enforcement actions. [8:44] Financial institutions were sanctioned with multi-million-dollar penalties. The world started to voluntarily comply. It was U.S. driven initially, but European financial institutions and some of the Emirati financial institutions got on board and complied with the sanctions. [9:20] The Departments of the Treasury and Justice used a clause within the underlying statute for the Iran sanctions that allowed penalties to be imposed on non-U.S. financial institutions that were causing a U.S. bank to process transactions on behalf of the sanctioned party. [9:43] That was the line of the European banking cases that came out. Cari says banks were penalized from 2005 through 2015, which pretty much swept in everyone. [9:56] That was the modern buildout of the compliance program where the U.S. established it was applying its sanctions requirements not only to U.S. persons but to non-US. persons where they could also identify a nexus. [10:12] The favorite nexus was the use of U.S. dollars through the clearing system. Sanctions exploded. It was identifying ways to reach non-U.S. parties through the use of dollars, servers located in the U.S., call centers, approvals, or whatever they could, as a hook to get U.S. nexus. [10:51] Justin asks about sanctions against Russia, Iran, and North Korea. Cari says North Korea has sort of fallen off. There's a big focus on North Korea's use of forced labor. They've also been active in cyberspace and ransomware. [11:20] Cari says we don't see North Korea as often as we see Iran, Russia, and, to a certain degree, Cuba. It depends on the administration. For a while, Venezuela was really hot, from an anti-corruption, anti-money-laundering perspective, rather than a sanctioned invasion. [11:46] Justin speaks of the latest AML bill, passed in 2023. Cari says the big overhaul was under the Patriot Act, which updated and modernized the Bank Secrecy Act. It also updated and modernized the International Emergency Economic Powers Act (IEEPA), OPEC's big statute. [12:09] Cari says there have been updates since. When you hear M&A partners or private equity guys talking, they often refer back to the Patriot Act. The Patriot Act becomes this overarching term for updates to the AML laws and regulations. [12:48] Cari says there has been a growing evolution of the anti-corruption, anti-bribery statutes, the anti-money-laundering statutes, the sanctions world, and the adjacents like the whistleblower protections and the Terrorism Risk Insurance Act. [13:09] Cari says all of these components are part of this growing collective focus on upgrading U.S. Government abilities to protect against threats to national security and the economy. [13:32] Justin says risk managers are accustomed to thinking about operational and financial risks, but sanctions can feel like a legal issue. Part of the problem is you may have a legal officer who is not a risk manager or a risk manager who is not a legal officer. [13:48] Justin asks, When should sanctions become an Enterprise Risk Management issue? Cari says, looking at OFAC's enforcement actions, sanctions should always be an Enterprise Risk Management focus. [14:04] It's very easy for the bad guys to take advantage of a business if it's siloed. The easiest way to detect a problem, whether it's financial sanctions evasion or exposure to corruption, is if the enterprise is looking holistically at its business, its counterparties, and its transactions. [14:26] Cari says, when we're working with clients on building a global compliance policy or procedure, we keep telling them that it's better to have a holistic view of the business, customers, and geography. [14:43] Not only geographic risk, customer risk, or service risk, but also across the regulatory schemes. If you have sanctions exposure somewhere in your enterprise, you're also likely going to have an anti-money-laundering issue, a corruption issue, and/or an export controls issue.  [15:06] Cari says when you're building out compliance, you want to have a 1,000-foot view of the business units, your customers, your geographies, and the regulatory components, so that you can take advantage of what you may be seeing in one area. It's silos that cause the problems. [15:26] A Quick Break! Many fantastic RIMS events are coming up in 2026. The 11th Annual Chicagoland Risk Forum will return to the Old Post Office on Thursday, September 24th, 2026. Visit ChicagolandRiskForum.org for more information. [15:42] The RIMS Western Regional Conference will be held from October 4th through the 7th in Seattle, Washington. The agenda is live, and registration is open. Visit RIMSWesternRegional.com and the link in this episode's show notes for more information. [15:59] Save the dates: October 18th through the 21st. In Quebec City, we will be hosting the 50th Annual RIMS Canada Conference. Booth sales are open, and sponsorship opportunities are still available. Visit RIMSCanadaConference.ca for more information. [16:16] Also, remember to check out RIMS.org/Canada for our spinoff show, RIMScast Canada, hosted by National Conference Committee Chair, Aaron Lukoni. [16:27] The RIMS ERM Conference 2026 will be held on November 19th and 20th in Columbus, Ohio. Registration is open. Visit RIMS.org/ERM2026. [16:40] We're already looking to RISKWORLD 2027, which will be held over four days in New Orleans, Louisiana, from April 18th through the 21st! [16:50] RIMS members can exclusively register by September 4th for the best rate. And get first access to the hotel block. Hotel reservations open on October 28th, ahead of public registration. Sitting this out is the real risk! The link to registration is in this episode's show notes. [17:10] Let's Return to Our Interview with Cari Stinebower! [17:26] Cari says an example of sanctions risk is Iranian oil or Venezuelan oil. Typically, the pattern is you have a Greek shipment manager under charter to deliver oil and gas to China.  The Bill of Lading says the cargo is of Omani origin or Malaysian blend. [18:08] It looks clean. They have all the sanctions exclusions language in the Charter Agreement; the insurers, the reinsurers, and the P&I quotes have all established that the vessel cannot carry Iranian cargo. The documents say it's Omani or Malaysian, and off you go. [18:28] Then you get a call from the U.S. State Department or the Treasury Department saying you've got Iranian cargo on board. The U.S. Government typically knows that because they're using satellite tracking software. They know that the cargo was loaded by ship-to-ship transfer. [18:58] If you go back through the satellite imagery, you can see that it's happened probably two or three times, and when the vessel called on the Omani port that was supposed to be the source of the cargo, it came in at the same draft as it left. Calling on the port was clearly a ruse. [19:34] When you get to the financial payments, that's where you have the money laundering side, and you can see that the Omani seller of the cargo is just a front company with a brand new website, secretly run by the Revolutionary Guard. [19:56] Cari says that when we start talking about the compliance policies and procedures, it's not good enough just to rely on the Bill of Lading. The expectation is that you're going to be doing something a little deeper. [20:11] In 2019, the Department of Justice started to pursue a lot of ship owners and ship managers for carrying Iranian cargo. Sometimes it was Iranian cargo going to Venezuela or going to China. [20:32] In a decent batch of those cases, the ship owners or ship managers would be contacted by the U.S. Government and agree that the Government was right and ask what they could do not to get sanctioned. [20:51] Cari says there were a series of cases where the ships were brought to the U.S. and the cargo was sold by the U.S. Government, with the proceeds going to the Victims of Terrorism Fund, for parties who registered with the Special Master and were entitled to a pro rata share. [21:20] That was the U.S. Government's solution to what to do with all this cargo that they can seize, and they had been seizing, under the Foreign Terrorist Organization Statute. We're now seeing the same focus on the narcotics trafficking cartels in Mexico, Brazil, and Venezuela. [21:46] Cari says, You see the evolution of the U.S. Government's thinking over the years, how the Iranian oil cases are now relevant to countering narcotics trafficking caused by the cartels in South America. [22:00] Justin asks about supply chain risk and sanctions-related risks companies may overlook when they evaluate suppliers. Cari says the supply chain, particularly when you're dealing with raw materials or manufacturers coming out of China, has been an issue for a long time. [22:29] Cari says it's not difficult for a U.S. importer who's bringing in parts and components for widgets to know that their manufacturer or warehouse in China is who they say they are. That's easy enough. [22:48] Where we see issues is when the Chinese manufacturer subcontracts to second or third parties, who ostensibly are also compliant, but it becomes difficult in a more opaque jurisdiction like China to do the tracing down to the actual mine or source of the raw materials. [23:14] That leads up to the Uyghur Forced Labor Prevention Act (UFLPA), which has forced companies to look at supply chains where there's a Chinese component, for several years. [23:31] Where are the raw materials coming from? Do you know where all of the raw materials are coming from, or do you just know where some are? Under the UFLPA, companies were particularly focused on identifying those risks in China. [23:50] Cari says, under the first Trump Administration, and under the Biden Administration, you started to see a lot of companies moving away from sole-sourcing goods from China, specifically because of that risk. [24:02] The National Drug Control Strategy Report that came out in May 2026 is digging deep into supply chain issues. [24:13] It says two things: first, that the U.S. Government needs to act as a whole. The Departments of Justice, Treasury, and Homeland Security need to work together on tackling supply chain issues and addressing where the gaps are. [24:35] Supply chains are being exploited, not only by narcotics traffickers, but across the board. [24:41] The report is also telling businesses that it's not enough to have an OFAC sanctions compliance program where you screen your counterparties against the SDN list. [24:54] There's an expectation for businesses to go deeper, using analytics and AI, looking at their records, and knowing who the suppliers of their suppliers are. [25:17] The expectation is for businesses to step up their game, but also for the U.S. Government to partner with businesses to figure out how to do that. [25:35] Cari says we've also been telling other jurisdictions, like those in the Caribbean and South America, that this is a really good opportunity. [26:44] The first Trump Administration, the Biden Administration, and the second Trump Administration have said to stop sole-sourcing in China. Let's near-shore and friend-shore, and let's bring business and infrastructure back to the Western Hemisphere. [26:00] Cari says we're starting to see jurisdictions offer tax incentives for setting up manufacturing spaces, or finding ways to invest in the United States to bring back manufacturing. [26:14] Cari says the big issue of late has been how to bring shipbuilding back to the United States. Is there a way to do it in Latin America without relying on China as the major shipyard? [26:29] Those issues are interesting because they trigger a series of other questions: cost of labor, sourcing raw materials, and more. It's a longer-term problem. If you're building out your supply chain nose-to-tail, it's going to require a more transparent jurisdiction than China. [26:52] One more Quick Break! RIMS, The Foundation for Risk ManagementTM, is dedicated to shaping the future of the profession. By making a contribution, you are strengthening the global risk management community and investing in the future of the industry. [27:11] The Foundation also supports the Spencer Educational Foundation but has a different mission. The Foundation focuses on providing opportunities for those professionals who have already decided to enter risk management and are just getting started. [27:26] You can learn more about the Foundation by visiting www.RIMS.org/FRM.  While you're there, be sure to check out information about the Susan Meltzer Scholarship Fund, which was established to honor Ms. Meltzer, who was RIMS President in 1999 and 2000. [27:44] Susan Meltzer was a cherished RIMS President and contributed so much to RIMS and the greater risk community. Learn more at RIMS.org/FRM. [27:53] Let's return to our interview with Cari Stinebower! [28:14] Justin asks if other countries sanction the United States or U.S. companies. Cari says it has become a new trend. The jurisdictions doing it are China, with the National Security Law; Russia, identifying Hostile Jurisdictions that have imposed sanctions against Russia. [29:12] Cari says it's a quid pro quo. Ukraine has a sanctions program against entities that do business with Russia. Canada and Europe are well-known for their Blocking Statutes. [29:48] They have Antidote Sanctions that prohibit their nationals from complying with the U.S.'s Cuba Sanctions. Those jurisdictions see the U.S. sanctions on Cuba as territorial. There is a quid pro quo. [30:08] Sometimes it triggers conflict-of-law issues, and companies have to decide how and when they're going to comply with which set of sanctions. [30:46] Cari says, if you don't have a holistic view of which jurisdictions you're operating in, and where your U.S. nationals are located, there's no way to build out a robust, comprehensive sanctions program. [31:01] If you have a U.S. person located in or in a business position in Canada, you wouldn't want them dealing with the Canadian company's Cuba business. You need to know where they are located in advance so you can protect the U.S. person. [31:27] Justin notes that RIMS is a global society. Canada is the second-largest RIMS membership base. [31:40] Justin says there's so much due diligence to be done. You have to vet the company you're going to be doing business with and do your second- and third-tier supply chain risk management deep dive to make sure that everything is above board. [32:02] Cari says there are many examples where the Canadian Government has aggressively stepped up its sanctions components. The Canadian sanctions on Russian targets may be more aggressive than the U.S. or EU sanctions on Russia. [32:19] If you have a financial institution or insurance company based in Canada, but operating in the U.S. and the EU, because they're complying with the Canadian sanctions, they're blocking transactions that a U.S. party wouldn't have to block. [32:44] You want to know what the entire web of sanctions regulations is before you figure out who your business parties are and how you're going to navigate something. [32:55] Justin surmises that a small company without a dedicated risk professional would need to reach out to a company like Steptoe. Cari agrees; a lot of people will use a law firm and a consultant to build out their compliance programs or to do the risk analysis. [33:13] Cari says, then they will either find someone in-house or outsource it to a consultant or a specialist to keep costs down. [33:23]  Cari says, we also see this pop up in Mergers & Acquisitions. One of the things that is often difficult is that they will see the compliance function either as redundant or as a cost center, and not as a profit center. [33:47] The guidance is always: Don't save costs by getting rid of your Compliance function, because it will cost you money in the long run. But often, that is what you will see. [34:00] Justin brings up the Terrorism Risk Insurance Act (TRIA), a legislative priority for RIMS. RIMS sends an External Affairs Team to Capitol Hill every year to talk about TRIA with their Representatives in Congress. [34:19] Justin says RIMS helped lead the charge, over 20 years ago, to get TRIA passed into law. [34:30] The nature of terrorism risk has evolved since TRIA's enactment. Justin asks how risk managers should be thinking about terrorism exposure today, compared to when the program was established. [34:44] Cari says terrorism, like the narcotics traffickers, evolves. It's cash-intensive. There's more you can do now through technology, AI, cybersecurity, and cryptocurrency. [35:01] You can sit completely offshore and wreak havoc on the electrical grid or a utilities provider, or a financial institution, through cyberattacks or cybercrimes. It can be crippling if terrorists go after the grid. [35:28] Cari says we have seen an overlap between what could be a terrorist attack and what is more likely a ransomware grab, when they're going after smaller utilities located somewhere in the Midwest. That seems to be a trend. [35:45] They're not always sophisticated. You don't always know who the counterparties are. Going back to the Drug Control Strategy report, the Government is saying that there has to be a holistic approach to ransomware and cyberattacks. [36:03] A couple of years ago, the FBI and Homeland Security set up a task force to work with the utilities or other U.S. businesses that see themselves faced with a ransomware attack that is either just for the money or is something more nefarious. [36:24] Cari says, if the question is, is it terrorism or is it something else, but the way you would attack it would be the same if you're the utilities manager; it doesn't matter if it's terrorism or cybercrime. [36:48] You've got to work with law enforcement to protect your infrastructure, to figure out whether you're going to pay the ransom or not, so that you can protect your customers' data. [37:02] It's up to the Government to figure out who the illicit party was. Is it a hacker group sitting in Russia? Is it a terrorist group? Why were they doing it, and how do you stop it from happening in the future? [37:18] If you're the Business Manager or the Compliance Officer, you need to build in your risks, your risk mitigation strategies, redundancies, and backup servers that are not connected. The problem for you isn't: Is this a hacker or a terrorist doing this to me? [37:53] Cari says there are many insurance working groups. We've worked with clients, some of these groups, and the U.S. Government to come up with language that makes sense. We see it in the context of Iran or Russia, or with respect to language for War Risk in the Strait of Hormuz. [38:32] Cari says, The partnership between the insurers, reinsurers, brokers, and Government is pretty deep. [38:41] These working groups have been around for a long time because insurers, brokers, and reinsurers need buy-in from the Government to get assurances that the language they're putting out there is enough to get them out of trouble if they're acting in good faith. [39:00] Generally, everyone is, but you want that nod from the Government that what you've done is sufficient from the Government's perspective. [39:37] Cari's advice to risk professionals in August 2026: The most important thing is that the risk professionals and the business units know and trust each other. [39:47] Cari continues: A risk professional isn't going to be able to build out a compliance program that works unless they know what the business units are up to and what the business priorities are, and they have the trust of the business professionals. [40:05] Some critics warn that you don't want the compliance person to become a captive of the business units, driven by profit rather than compliance. Cari says the business compliance person needs the business unit and the compliance unit to work hand in glove. She explains it. [40:46] Cari says we've seen this a lot with all of these businesses jumping into the Venezuela market. There's a lot of business upside but also a lot of risk. It may not be that there's a sanctions risk, but the longer-term risks are the money-laundering and corruption risks. [41:26] Cari asks what happens ten years from now? If you're a compliance officer, you need to understand the upside to the business, which is lots of profit, but when you're drafting contracts and working with the business unit, how are you mitigating the risk that's five or 10 years out? [41:44] Cari says the only way you do that is if the compliance and business units have a certain amount of trust and respect for each other. [41:57] Cari says the Compliance Officer is not always the Risk Manager. Some businesses will have it siloed; some will have someone embedded. In some cases, there's no compliance person. They throw it onto a legal officer, and the legal officer can be spread fairly thin. [42:13] Cari says you can work through trade associations to understand industry risk. You can hire consultants. You can hire law firms. The benchmarking is incredibly important to understand not only the opportunity but also the appropriate risk. [42:49] Justin says this has been one of the most informative RIMScasts we've had in a while. I'm so glad we got a chance to tackle this topic. Cari, thank you so much for joining us here on RIMScast! [42:45] Special thanks again to Cari Stinebower of Steptoe for joining us here on RIMScast! A link to her LinkedIn profile is in this episode's show notes. [42:58] I have links on this episode's show notes to other RIMS coverage on sanctions, geopolitical tensions, and related supply chain risk. Also visit RMMagazine.com. [43:08] Plug Time! Become a RIMS member and get access to the tools, thought leadership, and network you need to succeed. Visit RIMS.org/membership or email membershipdept@RIMS.org for more information. [43:26] Risk Knowledge is the RIMS searchable content library that provides relevant information for today's risk professionals. Materials include RIMS executive reports, survey findings, contributed articles, industry research, benchmarking data, and more. [43:42] For the best reporting on the profession of risk management, read Risk Management Magazine at RMMagazine.com. It is written and published by the best minds in risk management. [43:56] Justin Smulison is the Business Content Manager at RIMS. Please remember to subscribe to RIMScast on your favorite podcasting app. You can email us at Content@RIMS.org. [44:08] Practice good risk management, stay safe, and thank you again for your continued support!   Links: Spencer Educational Foundation's 2026 Funding Their Future Gala | Sept. 17, 2026 ChicagoLand Risk Forum | Sept. 24, 2026 RIMS Certification Week: Sept. 21‒24 | Complimentary For All RIMS Western Regional Conference — Oct. 4‒7, 2026 | Seattle, WA | Register Today. 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RIMS Risk Management Magazine | Contribute | Q2 2026 Issue Now Available Sponsor RIMScast — Sales@RIMS.org Cari Stinebower — Biography page Cari Stinebower on LinkedIn Upcoming RIMS-CRMP Virtual Workshops: RIMS-CRMP Exam Prep with PARIMA | Sept 1‒2 Full RIMS-CRMP Prep Course Schedule See the full calendar of RIMS Virtual Workshops   Upcoming RIMS Webinars: RIMS.org/Webinars "Beyond the Loss Count: What Property Claims Reveal About Frequency, Severity, and Resilience" | Sponsored by AXA XL | Sept. 17, 2026 "The Future of Captives: What Risk Managers Should Be Thinking About Now" | Sponsored by Brown & Brown | Oct. 1, 2026 "RIMS Student Series: Classroom to Career Part 1" | Sept 1 "RIMS Student Series: Classroom to Career Part 2" | Sept 9 RIMS Certification Week: Sept. 22‒24 | Complimentary For All   Related RIMScast Episodes: "Mid-Year Risk Roundup 2026 with Morgan O'Rourke and Hilary Tuttle" "Money Laundering Risks with Crystal Trout" (2025)   Sponsored RIMScast Episodes: "48 Hours From a Storm: What to Do Before A Hurricane Strikes" | Sponsored by Global Risk Consultants, a TÜV SÜD Company (New!) 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RIMS Virtual Workshops On-Demand Webinars RIMS-Certified Risk Management Professional (RIMS-CRMP) RISK PAC | RIMS Advocacy RIMS Strategic & Enterprise Risk Center RIMS-CRMP Stories — Featuring RIMS President Manny Padilla!   RIMS Events, Education, and Services: RIMS Risk Maturity Model®   Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.   Want to Learn More? Keep up with the podcast on RIMS.org, and listen on Spotify and Apple Podcasts.   Have a question or suggestion? Email: Content@rims.org.   Join the Conversation! Follow @RIMSorg on Facebook, Twitter, and LinkedIn.   About our guest: Cari Stinebower, Partner, Steptoe   Production and engineering provided by Podfly.

Host: Cindy Allen Published: August 7, 2026 Length: ~15 min Presented by: Global Training Center Summary International trade compliance is getting more complicated—and the tools used to enforce it are getting smarter. In this week's Simply Trade update, Cindy Allen puts a trade-compliance spin on Taylor Swift's The Tortured Poets Department and breaks down a busy week of tariff changes, forced-labor developments, enforcement activity, and technology. Cindy examines new Section 232 developments affecting pharmaceuticals, solar-grade polysilicon and derivative products, along with proposed additions to existing copper, steel, and aluminum measures. The growing focus on derivative products means importers increasingly need visibility beyond the finished good, including components, raw materials, suppliers, pricing, origin, and potential exemptions. She also explores CBP's increasing reliance on AI and advanced analytics, recent duty-evasion findings, UFLPA developments, China's countermeasures, and complications surrounding IEEPA duty refunds. The bigger message for trade professionals: enforcement isn't likely to disappear. As governments gain better analytical capabilities, companies need equally strong visibility into their supply chains. Technology can help uncover risk—but experienced trade professionals still have to interpret the data and make the right compliance decisions. This Week in Trade • New Section 232 requirements affecting solar-grade polysilicon and derivative products are adding another layer of supply-chain complexity. • Commerce has proposed adding 14 products to existing Section 232 measures covering copper, steel, and aluminum. • CBP's roadmap through 2030 highlights AI, analytics, interoperability, and increasingly sophisticated enforcement capabilities. • Forced-labor enforcement, China countermeasures, duty-evasion cases, and IEEPA refund validation issues continue to create compliance challenges. Main Topic / Discussion The trade environment is moving beyond traditional questions about classification, value, and country of origin. Importers increasingly need visibility deep into their supply chains to understand the components and raw materials contained in finished products, the parties involved, applicable pricing rules, and whether exemptions apply. At the same time, CBP is becoming more sophisticated in how it identifies risk. Advanced analytics can connect activity across suppliers and transactions that an importer may not immediately see. For companies, that makes supply-chain visibility and technology increasingly important. AI can help organize and analyze enormous amounts of trade data, but technology alone isn't the answer. Trade professionals still need to evaluate the results, understand the regulatory context, and determine the actual compliance risk. Key Takeaways • Section 232 derivative-product measures mean importers may need visibility all the way down to component and raw-material levels. • CBP's growing use of AI and analytical tools makes deeper supply-chain connections easier for enforcement teams to identify. • Companies should not assume heightened enforcement will disappear with future political or leadership changes. • Trade teams should evaluate whether their existing technology provides enough visibility to identify tariff exposure, exemptions, forced-labor concerns, and supplier-level risks before regulators do. Resources & Mentions • Global Training Center • U.S. Customs and Border Protection (CBP) • Section 232 tariffs and derivative-product requirements • Uyghur Forced Labor Prevention Act (UFLPA) • CBP Office of Field Operations 2030 roadmap • Trade Force Multiplier Credits Host: Cindy Allen Guest(s): N/A Producer: Lalo Solorzano

Host: Warrington Ellacott Guest(s): Yannick Trudel Published: June 29, 2026 Length: Approx. 21 minutes Presented by: Global Training Center Summary Canada is moving quickly on several legislative fronts that could reshape how importers, exporters, manufacturers, and distributors manage trade compliance. In this episode, Warrington Ellacott is joined by Yannick Trudel, Partner at McMillan LLP in Montreal, to unpack three bills recently tabled in Parliament: Bill C-35, Bill C-34, and Bill C-36. The main focus is Bill C-35, a proposed forced labor enforcement measure that could significantly expand the Canada Border Services Agency's powers and shift the burden of proof onto importers and owners of goods. The discussion compares Canada's approach with the U.S. UFLPA framework and highlights why supply chain documentation, supplier certifications, tariff classification consistency, and rapid response readiness are becoming more important than ever. The episode also touches on Canada's emerging digital safety and consumer data privacy proposals, including how data localization and cross-border data flow rules may create new trade tensions under USMCA. For companies trading into Canada, the message is clear: review the bills, prepare documentation, and be ready for a more enforcement-driven environment. Main Topic / Discussion This episode explores Canada's proposed shift from forced labor reporting obligations toward stronger border enforcement. Bill C-35 would introduce a more presumptive approach to forced labor risk, potentially relying on lists of countries, regions, entities, or commodities linked to forced labor. If enacted, the bill could require importers and owners to prove that goods were not produced with forced labor. Warrington and Yannick also discuss the broader compliance environment, including Canada's existing S-211 forced labor reporting obligations, the role of CBSA, potential appeal limitations under the proposed bill, and what U.S. and Mexican traders should expect when doing business with Canadian partners. The conversation closes with a look at Bills C-34 and C-36, especially the potential trade implications of consumer data protection, digital safety rules, data sovereignty, and cross-border data flows. Key Takeaways • Bill C-35 could shift the burden of proof from CBSA to importers and owners of goods. • Importers may need stronger supplier documentation, certificates, and proof of supply chain due diligence. • Canada may develop forced labor risk lists based on countries, regions, companies, or commodities. • Consistent tariff classification and customs declarations across borders will become increasingly important. • Proposed appeal limitations could make CBSA enforcement decisions harder to challenge. • Bills C-34 and C-36 may create indirect trade implications for companies operating online or handling consumer data in Canada. Resources & Mentions • Global Training Center • Canadian Association of Importers and Exporters Credits Host: Warrington Ellacott – LinkedIn Guest(s): Yannick Trudel – LinkedIn Producer: Mara Marquez

Series 5 – Episode 6 Hosts: Renee Chiuchiarelli & Julie Parks (Hammer & Heels) Length: ~12 minutes Format: Simply Trade Tips Episode Summary In this final installment of the Trade & Tech series, Renee and Julie deliver what many listeners have been asking for:

In this episode, MeiLin Wan, founder of GenuTrace, discusses the critical importance of traceability in the textile industry, particularly in light of increasing regulations and consumer expectations. With nearly a billion pounds of materials tracked under her leadership, MeiLin emphasises the shift from marketing claims to scientifically substantiated proof of sustainability. She highlights the need for both physical and digital verification methods, such as DNA testing and isotope analysis, to ensure that products are ethically sourced and compliant with regulations like the UFLPA. The conversation also touches on the evolving relationships between manufacturers and retailers, the challenges of integrating new technologies, and the necessity of transparency throughout the supply chain.

WRO's and UFLPA remind us why knowing your supply chain is free from forced labor is so important. New WRO on tires from European country today. Listen for more on Two Minutes in Trade. 

In episode 39 of The League, David Magid and Benoy Thanjan break down the latest developments reshaping the clean-energy market. They cover the Pine Gate Renewables bankruptcy, the push for new U.S. restrictions on Chinese solar and grid equipment, and the detention of Qcells shipments under UFLPA. David also highlights Section 232 tariff impacts and Google DeepMind's new GenCast AI weather-forecasting model.  Host Bio: Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla's Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market.  As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm's renewable portfolio.  Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar. Connect with Benoy on LinkedIn: https://www.linkedin.com/in/benoythanjan/ Learn more: https://reneuenergy.com https://www.solarmaverickpodcast.com   Host Bio: David Magid David Magid is a seasoned renewable energy executive with deep expertise in solar development, financing, and operations. He has worked across the clean energy value chain, leading teams that deliver distributed generation and community solar projects. David is widely recognized for his strategic insights on interconnection, market economics, and policy trends shaping the U.S. solar industry. Connect with David on LinkedIn: https://www.linkedin.com/in/davidmagid/  If you have any questions or comments, you can email us at info@reneuenergy.com.  

  Episode: #394 Hosts:  Andy Shiles & Lalo Solorzano Guest: Eric Hargraves Director – Elliott Davis LinkedIn: https://www.linkedin.com/in/eric-hargraves-98a4572/ Firm: Elliott Davis — https://www.linkedin.com/company/elliott-davis-1920/ Published : November 20, 2025 Length: ~34 minutes Presented by: Global Training Center Episode Overview In this in-depth roundtable discussion, Andy and Lalo welcome back Eric Hargraves, a listener favorite and trade policy expert known for breaking down complex issues with clarity. This episode tackles one of the hottest topics in global trade: the future of tariffs, IEEPA, and how the Supreme Court's upcoming decision could reshape U.S. trade policy. Eric shares his early analysis of the recent Supreme Court oral arguments on the use of IEEPA (International Emergency Economic Powers Act) to impose broad, country-wide tariffs—an approach now under scrutiny. Together, they explore whether the U.S. is shifting away from country-of-origin-based tariffs toward sector-based or product-based tariff frameworks, and what that means for importers, exporters, and manufacturers. They also take a historical walk through Section 232 and 301, discuss China's role in the global supply chain, unpack forced labor concerns, and examine how trade policy is being used not just as an economic tool—but a geopolitical one. If your business relies on global sourcing, supply chain planning, cost modeling, or tariff strategy, this is a must-listen episode that cuts through political noise and focuses on operational reality. What You'll Learn in This Episode

UFLPA refocuses as DHS releases updated report with new entities and new target enforcement sectors. Listen for more on Two Minutes in Trade. 

A new report identifies 4 critical minerals to be high-priority sectors under UFLPA. Listen for more on Two Minutes in Trade. 

DHS and FLETF add 37 new entities to UFLPA list that impact the solar industry, textiles and apparel and many extracted metals. Listen for more on Two Minutes in Trade. 

Aspartame and steel are two new targets of detentions from China. The FLETF added two new entities to its list. Listen for more on Two Minutes in Trade. 

"If you're an importer of record in the United States, you have to demonstrate reasonable care for the products that you're bringing into this country. And this is no different. This falls under that requirement." - Eric Hargraves, from Elliott Davis In this episode, we dive deep into the challenges and strategies for demonstrating "reasonable care" when importing products into the United States. Our guest, Eric Hargraves, a partner at the consulting firm Elliott Davis, provides invaluable insights on navigating the complex web of supply chain tracing and forced labor compliance. Main Points/Takeaways: - The complexity of supply chain tracing and compliance with the Uyghur Forced Labor Prevention Act (UFLPA): Tracing every entity and employee in a global supply chain is an immense challenge, requiring a strategic, risk-based approach. - The history and evolution of supply chain tracing and forced labor laws in the US: The UFLPA is based on the Tariff Act of 1930, which prohibited imports of goods produced with forced labor, but the level of scrutiny has increased significantly in recent years. - The importance of a risk-based approach and utilizing available resources for UFLPA compliance: Focusing on high-risk sectors and leveraging government resources, such as strategy updates and operational guidance, is crucial for importers. - The challenges of country of origin claims and commingling of materials in global supply chains: Tracing the origin of materials like cotton can be extremely complex due to the global nature of production and potential for co-mingling. - The need for a multi-disciplinary approach and leveraging technology to address supply chain compliance: Building a cross-functional team and utilizing supply chain mapping software are essential for maintaining a "bulletproof" traceability program. This episode provides a comprehensive guide for international trade, importing, and exporting professionals on navigating the complexities of supply chain tracing and forced labor compliance. By understanding the strategies and insights shared by Eric Hargraves, you can better protect your business from the legal and reputational risks associated with forced labor in your supply chain. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/  Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/  Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Eric Hargraves - https://www.linkedin.com/in/eric-hargraves-98a4572/     Elliott Davis - http://www.elliottdavis.com/  Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

In this episode of The Simply Trade News Roundup, we dive into the latest developments shaking up international trade, importing, and exporting. DHS targets forced labor in aluminum, PVC, and seafood industries - what does this mean for your supply chain? Join us as we explore the far-reaching implications of recent forced labor enforcement actions, banking challenges in the Pacific, and the ripple effects of US sanctions on global trade dynamics. Main Points/Takeaways: 1. Forced Labor Enforcement Expands: - DHS adds aluminum, PVC, and seafood to high-priority sectors for UFLPA enforcement - Increased scrutiny on supply chains, particularly those involving China - New Global Training Center course on supply chain tracing for forced labor compliance 2. Pacific Banking Challenges: - US and Australia pledge to enhance financial connectivity in Pacific island nations - Western banks' de-risking efforts impact correspondent banking relationships - Potential opening for Chinese financial influence in the region 3. Sanctions Impact China-Russia Trade: - US sanctions cause payment delays for Chinese car imports to Russia - Effectiveness of sanctions demonstrated, but potential workarounds emerging - BRICS initiative and bartering methods may challenge US dollar dominance This episode provides crucial insights for importers, exporters, and trade professionals navigating the complex landscape of forced labor compliance, international banking relationships, and evolving global trade dynamics. Stay informed to protect your supply chain and adapt to changing regulations. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/  Find us on YouTube: https://www.youtube.com/@SimplyTradePod  Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/  Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

The Uyghur Forced Labor Prevention Act, or UFLPA, took effect in June of 2022 to protect an ethnically Turkish, predominantly Muslim minority that lives in the Xinjiang autonomous region of China.  The Uyghurs have been the subject of forced labor claims and investigations - truly the stuff of supply chain nightmares. If companies try to import anything connected to Xinjiang into the United States, they must prove conclusively that it did not involve forced labor. But what if the Uyghurs are moved out of Xinjiang? What does that do to enforcement of the law? In this episode of Art of Supply, Kelly Barner looks into the simultaneously expanding and dissolving front line in the war against Uyghur forced labor: How worker relocation is making it harder for U.S. Customs to enforce the UFLPA Why the specifics of the law may have provided the blueprints for defying it What business leaders and supply chain decision makers will have to grapple with if they want to achieve the intended objectives of this law  Links: Kelly Barner on LinkedIn Art of Supply LinkedIn newsletter  Intent v. Effect of Uyghur Forced Labor Regulation Art of Supply on AOP Subscribe to This Week in Procurement  

On this week's episode of the Trade Guys, guest John Foote of Kelley Drye & Warren will discuss current issues and future forecasts relating to the enforcement of the Uyghur Forced Labor Prevention Act (UFLPA).

Welcome to the UFL Week In Review, your go-to podcast for all things United Football League! In this jam-packed episode, we dive into the exciting developments surrounding the UFL's 2025 expansion plans. Get the inside scoop on the number of teams, start dates, and behind-the-scenes updates that will shape the future of the league. We also take a closer look at the impressive ratings from Week 8's games on ABC, FOX, and ESPN2, along with the attendance figures that showcase the growing popularity of the UFL. As the season progresses, the UFL has unveiled its stunning Championship Trophy, a symbol of excellence and achievement for the teams vying for the title. We break down the design and significance of this prestigious award. Our expert panel analyzes the UFL Power Rankings after Week 8, discussing the top contenders and the teams that need to step up their game. We also preview the upcoming Week 8 DFS (Daily Fantasy Sports) landscape, providing you with valuable insights and picks to help you build a winning lineup. In our Notes Section, we cover a range of topics from across the alternative football world. We discuss the European League of Football's readiness for Season 4, the signing of former Roughneck Cole McDonald to the Edmonton Elks, and the release of multiple USFL/XFL alums as the CFL season approaches. We also introduce Venu Sports, the new name for the ESPN, FOX, and WB streaming service, and delve into the UFLPA's announced changes to player bonuses for the 2024 season. Furthermore, we remind fans that tickets for the 2024 UFL Championship are now on sale, and we celebrate the Arlington Renegades' upcoming reception of their 2023 XFL Championship Rings. Lastly, we share the exciting news that Protective Stadium will host the USFL Conference Championship Game. Don't forget to like and subscribe to our YouTube channel, and leave us a review on iTunes and Spotify. You can also email us at podcast@uflnewshub.com or call 888-437-7692 ext 3 to share your thoughts and questions. For more UFL content, visit our UFL Podcast Show Notes at https://uflnewshub.com/ufl-podcast/, join the Alt Football Reddit community at https://www.reddit.com/r/altfootball/, dive into Fantasy Football at https://newshubfantasy.com/, and engage with fellow fans on our UFL Forum at https://uflnewshub.com/ufl-forum/. Stay tuned for an exciting episode filled with UFL updates, analysis, and insights!

The US Senate Finance Committee has released the findings of a two-year probe which shows that BMW, Jaguar Land Rover and Volkswagen have all used components from a Chinese supplier banned in the US under the Uyghur Forced Labor Prevention Act (UFLPA). In this edition, we find more about that particular supplier, Sichuan Jingweida Technology Group Co and why the US wants to step up enforcement of the UFLPA. Also, we look at the French unions fighting to get a summer "Olympics" bonus.

The Forced Labor Enforcement Task Force announced that it is adding 26 companies to the Uyghur Forced Labor Prevention Act entity list, the largest ever one-time expansion of that list.  For more information on this topic listen to today's Two Minutes in Trade.

On this week's episode of Trade Guys, we'll discuss Xinjiang's rising exports despite U.S. sanctions, a potential APEP expansion, and an anti-dumping and countervailing duties probe on melamine imports.

Dive deep into the heart of the United Football League with this week's episode of UFL Week In Review. We dissect the exciting developments from Week 2, spotlighting the Brahmas' impressive performance that has shaken up our Power Rankings. Uncover insights into the latest quarterback rankings and discover which players are making waves in the league. Upper Deck's announcement of the 2024 UFL Game Dated Moments Cards promises to bring fans closer to the action than ever before, while the UFLPA's grievance over player bonuses highlights the ongoing dialogue between players and league officials.  We also provide an exclusive glimpse into the DC Defenders' first home game, offering our listeners behind-the-scenes access. This episode doesn't stop there; we preview the odds and spreads for Week 3, guiding fantasy football enthusiasts through their DFS selections. The Notes Section features key league announcements, including new partnerships, community engagement efforts, and ticket promotions that are making the UFL more accessible to fans. Engage with us through emails or calls as we tackle viewer questions and share insights. For further details on our discussions, visit our show notes at the UFL News Hub, participate in conversations on the Alt Football Reddit, dive into fantasy football strategies at News Hub Fantasy, and join the dialogue on the UFL Forum. This episode is packed with everything UFL fans need to stay informed and entertained. Subscribe, like, and review on YouTube, iTunes, and Spotify to stay connected with the most comprehensive UFL coverage available.

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional. EY is still under fire for Wirecard imbroglio. (FT) The former Cognizant executive's trial moved yet again. (Law360) Huawei's trial moved yet again. (WSJ) US to crack down on the UFLPA loophole. (WSJ) Click here: https://pages.ethico.com/cpn for more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance. Connect with the Compliance Podcast Network at: LinkedIn: https://www.linkedin.com/company/compliance-podcast-network/ Facebook: https://www.facebook.com/compliancepodcastnetwork/ YouTube: https://www.youtube.com/@CompliancePodcastNetwork Twitter: https://twitter.com/tfoxlaw Instagram: https://www.instagram.com/voiceofcompliance/ Website: https://compliancepodcastnetwork.net/ Learn more about your ad choices. Visit megaphone.fm/adchoices

On December 31, 2021, President Joseph R. Biden, Jr. signed the the Uyghur Forced Labor Prevention Act (“UFLPA”) into law to address the ongoing exploitation of the ethnic minority Uyghur population by the government of the People's Republic of China (“PRC”). Among other things, the UFLPA creates a rebuttable presumption that all goods, wares, articles, and merchandise mined, produced, or manufactured wholly or in part in Xinjiang, or by entities designated for inclusion on the UFLPA Entity List, are prohibited from entry into the United States. To overcome the presumption, entities are required to demonstrate, by “clear and convincing evidence,” that such imports were not mined, produced, or manufactured in whole or in part by forced labor.In this episode, Mike and Alex discuss practical steps to comply with the UFLPA.The Uyghur Forced Labor Prevention Act, enacted by Congress, establishes a presumption that goods from Xinjiang are tied to forced labor. Importers must prove otherwise by providing extensive documentation, such as invoices, packing slips, and billing information, to demonstrate the origin of the goods and ensure compliance with the law.The UFLPA has led to a significant increase in enforcement by CBP, resulting in the detention of billions of dollars worth of commodities. This heightened scrutiny has prompted global companies to prioritize robust ethics and compliance programs to mitigate legal and economic risks associated with forced labor.Compliance with the UFLPA requires importers of record to furnish CBP with clear and convincing evidence that their goods were not produced using forced labor. This evidence includes supply chain tracing information, wage and payment records, credible audits, and attestations from every entity involved in the production process.Chinese entities have been known to employ deceptive practices to avoid detection and documentation requirements. This includes creating separate companies outside the Uyghur area and providing misleading information to purchasers. Due diligence and thorough investigation of beneficial ownership are crucial to ensure compliance.CBP's operational guidance for importers, published in 2022, provides essential information on navigating the complexities of the UFLPA. Importers should familiarize themselves with this guidance and engage in one-on-one discussions with their suppliers to communicate expectations and ensure compliance.The UFLPA places a significant burden on organizations relying on imports from China, as they must provide extensive documentation and meet the clear and convincing evidence standard. Failure to meet these requirements can result in the detention of goods, leading to supply chain disruptions and potential financial losses.Clear Channel, the former Chinese subsidiary of Clear Media, faced charges related to bribery violations. The bribes included expensive gifts, entertainment, and travel given to influence contract renewal negotiations with Chinese government officials. Clear Media engaged in deceptive practices, including falsifying payments and creating false invoices, to fund these illegal payments.ResourcesAlex Cotoia on LinkedIn | EmailMichael Volkov on LinkedIn | TwitterThe Volkov Law Group

Welcome to the "UFL Week In Review" - your premier source for all things UFL as we inch closer to the much-anticipated kickoff! In Show Number 6, we delve into the groundbreaking establishment of the UFLPA, a milestone that marks a new era of player representation and the adoption of the progressive USFL-USW CBA. This shift promises to reshape the dynamics of the league, offering an insightful glimpse into the future of UFL. We also bring you an exclusive insight from QB AJ McCarron, as he discusses the intricate challenges players face in the league, touching on crucial aspects like player pay and union participation. His perspective sheds light on the current climate within the UFL and sparks curiosity about his potential return to the field. Furthermore, we spotlight Donald De La Haye's transition from his YouTube persona, Deestroying, to a promising career with the UFL's San Antonio Brahmas. His unique journey from digital fame to professional football is a narrative that resonates with the modern athlete's path. In our Notes Section, we bring you rapid updates on the latest player contracts, community events, and operational strides within the UFL. We also highlight exciting developments from the News Hub Fantasy site and the imminent launch of the UFL News Hub Mobile app, keeping you at the forefront of digital engagement. Remember, for the ultimate fan experience, explore our additional resources: XFL Podcast Show notes, dive into discussions on Alt Football Reddit, and manage your fantasy teams with News Hub Fantasy. Stay connected, subscribe to our channel on YouTube, iTunes, and Spotify, and don't hesitate to reach out through email at podcast@uflnewshub.com or call 888-437-7692 ext 3. Tune in, and become a part of the UFL community's heartbeat!

New entities added to the UFLPA list deeming imports with a nexus to these entities to have been made with forced labor. Get more info in today's Two Minutes in Trade. 

ON(WARD) FASHION, le podcast des solutions business pour une mode durable, reçoit Léa Gillet, Présidente et cofondatrice de Trace For Good, logiciel de traçabilité automatisé pour l'industrie du retail.La traçabilité est le mot d'ordre de l'industrie de la mode pour la décennie à venirLa traçabilité permet de savoir quand, où, comment et par qui un produit a été fabriqué. Il s'agit d'un enjeu de transparence désormais imposé par la loi, auquel les marques ne peuvent plus se soustraire. Examiner sa chaîne d'approvisionnement permet bien sûr d'entrer en conformité avec les textes en vigueur mais les bénéfices sont en réalité multiples, de l'amélioration franche de l'image de marque à celle du recrutement et de la fidélisation des talents, sans compter la confiance grandissante des clients finaux. Oui mais voilà, l'exercice de traçabilité est par excellence celui qui illustre que la RSE est une course de fond inscrite dans le temps long. Heureusement, pour que sa mise en œuvre soit simplifiée et son usage automatisé et industrialisable, des entrepreneurs de la tech à impact sont sur le pont, pointu·e·s et passionné·e·s. C'est le cas de Trace For Good, une startup française qui propose une plateforme de traçabilité et de gestion de données RSE pour les marques et les fournisseurs de l'industrie retail. La data au service du bien commun, c'est la mission de Léa Gillet, cofondatrice et présidente de Trace For Good. Le site Trace For GoodTrace For Good, la tech au service de la traçabilité automatisé et conforme aux lois en vigueurTrace For Good est une solution SaaS (Software as a service) conçue comme un logiciel de comptabilité et de gestion des data relative à la RSE (Responsabilité Sociétale d'une marque). Un outil co-construit avec les marques de l'industrie mode retail, optimisé pour une prise en main des parties prenantes internes et externes (fournisseurs) de l'entreprise, offrant une automatisation et une industrialisation des processus d'entrée et de sortie des informations relatives à un produit ou une collection. Trace For Good est un logiciel paramétrable selon la typologie de produit et sa complexité, les certifications des différents acteurs de la chaîne de valeurs, les exigences réglementaires avec lesquelles entrer en conformité (Loi AGEC, PEF-CR, UFLPA, etc). Il en résulte une note globale avec highlight des points de vigilances sur la supply chain, des reportings et certificats générés de manière automatisée. Le site Trace For GoodTrame Indicative INTRODUCTIONPRÉSENTATION GLOBALE, HISTORIQUE, CONTEXTEMARCHÉOFFRE B2B : CASE STUDY - HIGH END FASHION BRAND 200M CA FORMATION ET COMMUNICATIONCLÔTURE Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Supply chain transparency is all the rage with new and emerging global regulations like the UFLPA and increased environmental standards. Join Matt and Thomas as they welcome supply chain visibility expert Marissa Brock to break down the effective ways in which Sourcemap supports the footwear and apparel industries under increased scrutiny. From an idea born at MIT to a global solutions company, Sourcemap is helping companies navigate emerging supply chain visibility trends today. With special guest: Marissa Brock, Sr. Director of Policy and Government Affairs, Sourcemap Hosted by: Matt Priest and Thomas Crockett

House select committee on CCP chair sends letter to State and DHS demanding new entities be placed on UHRPA and UFLPA lists. Listen for more on today's Two Minutes in Trade. 

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional. ·       UK to put magnifying glass on crypto transfers. (WSJ)  ·       The next frontier for corporate benefits?  (NYT) ·       ABC ex-prosecutor surges in Guatemalan Presidential race. (WaPo) ·       Lithium batteries scrutinized under UFLPA.  (Reuters) Learn more about your ad choices. Visit megaphone.fm/adchoices

FLETF added 2 entities to the UFLPA list and updated its enforcement strategy. Listen for more details on today's Two Minutes In Trade.

The SEC issued guidance and a sample disclosure letter for companies doing business in or with Chinese entities that may be subject to the UFLPA. Listen for more on today's Two Minutes In Trade.

On the heels of the one year anniversary of UFLPA's effective date, a new bill was introduced in the House of Representatives that aims to prohibit imports from the Democratic Republic of Congo that contain critical metals and minerals, specifically cobalt and lithium and their derivatives, mined, produced, smelted, or processed wholly or in part, by child labor or forced labor.  

The next generation of consumers is hyper focused on ESG efforts and ensuring the companies they buy from are too. So much so, this generation is both backing it up with their wallet and driving legislation changes. What are the critical components to a successful retail ESG strategy? How does the UFLPA effect a retailer's ability to attract and retain the next generation of consumers? Listen to this episode to hear James Fountain, Senior Director, Sustainability and ESG Solutions at BDO USA, walk us through how retailers can not only improve their ESG strategy with these new laws underway, but deliver on these consumer's needs.

It's been one year since the UFLPA came into effect. Are we keeping forced labor goods out?  What might be effective strategies?  Listen for more on today's Two Minutes In Trade.

In this podcast, Birgit Matthiesen speaks with Bob Kirke, the Executive Director of the Canadian Apparel Federation, who will share the very latest about Canada's efforts to ban imports suspected of having been made with forced and child labor. Given the nature of the North American apparel and textile market, how Canada will enforce S. 211, the Fighting Against Forced Labor and Child Labor in Supply Chains Act, will be important to watch. Canada's direction does not precisely mirror Washington's Uyghur Forced Labor Prevention Act, leaving executives to decide whether the U.S. reporting and disclosure requirements should be adopted for their NA operations. Listen to Bob's fascinating discussion of how S. 211 became law, what might be next on Ottawa's agenda and the new Canadian Customs requirements beginning January 1, 2024. The takeaway quote from Bob: “Most Canadian companies if they are able to deal with UFLPA, they can deal with anything that CBSA is going to do.”

This week, Matt and Thomas dive into the complexities of supply chain visibility and mapping within the footwear industry. Joined by Suzanne van Huijgevoort, Associate Director, Advisory, and Myrna Grief, Director Supplier Market Development from Elevate, an LRQ Company, the experts shed light on the pressing issue of forced labor considerations and discuss the significant impact of the UFLPA. Additionally, they explore FDRA's innovative Shoe Waste program, aimed at reducing environmental impact and waste within the shoe manufacturing process. Tune in to gain valuable insights into ethical practices and innovative solutions driving positive change in the footwear industry. With special guests: Suzanne van Huijgevoort, Associate Director, Advisory, Elevate, an LRQ Company and Myrna Grief, Director Supplier Market Development from Elevate, an LRQ Company

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. Today, Tom visits Brad Hibbert, COO/CSO at Prevalent, as they discuss the surprising findings of Prevalent's annual third-party risk management study. Discover why so many organizations still rely on spreadsheets and manual processes for managing third-party risks. Brad recommends an integrated approach to third-party risk management that considers the entire lifecycle of the relationship with third parties. The podcast highlights the top five key findings of the report, including data breaches as the top concern, security driving the program, and the increased involvement of IT in the process. Learn how to minimize cyber exposure and risks associated with third-party management by breaking down silos, automating processes, and focusing on reducing risks associated with third parties. Listen to Brad's practical advice on how to prioritize risks and plan your risk management program and visit prevalent.net for more compliance mandates and best practices. With exciting insights and actionable advice, this podcast is a must-listen for anyone interested in managing third-party risks. Key Highlights: ·      Prevalent's annual third-party risk management study ·      Integrated Third Party Risk Management ·      Top Challenges for Organizations in Data Security ·      Third Party Risk Management Survey and Findings ·      Minimizing Cyber Breaches ·      Effective Response to Breaches and Third-Party Programs ·      Managing Business Risks for Compliance Notable Quotes: “The top concern driving third-party risk management programs is security, with 71 percent indicating it as their main priority.” “Data breaches continue to be a top concern, with 41 percent of the respondents indicating that they were impacted by a third-party data breach in the last 12 months and had to perform some remedial activity.” “About 70 percent reported increased involvement from the IT group, while 71 percent indicated that infosec owns the program.” “Identifying and mitigating risks before the company is impacted.” “Customs put together this enforcement dashboard that contains all of these statistics on how they've been enforcing the UFLPA.” Resources Brad Hibbert on LinkedIn Prevalent 3Rd Party Risk Management Report Tom Fox Instagram Facebook YouTube Twitter LinkedIn   Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In the latest episode of FCPA Compliance Report, Tom Fox visits Virginia Newman from Miller & Chevalier, an expert on the Uyghur Forced Labor Prevention Act (UFLPA) and supply chain ESG work. Together, they discuss the UFLPA, its affirmative obligation on companies to comply with US import laws, and the burden of proof on businesses to prove their goods were not made using forced labor. Virginia shares valuable insight into the CBP's enforcement efforts and how companies can exercise reasonable care to avoid having their goods detained. They also delve into trade compliance and third-party screening, predictive mapping, and the long-term changes companies must make to their compliance and sourcing programs. Thomas recommends Virginia as a source of knowledge on the subject because of her passion. Listen to this engaging and informative podcast to better understand the UFLPA and its impact on businesses. Key Highlights: Virginia's background and UFLPA US Law Prohibiting Import of Xinjiang-made Goods US Customs' Role in Enforcing UFLPA CBP's Forced Labor Technical Expo Solutions Types of Companies for Supply Chain Mapping Impact of a trade war on supply chain compliance Notable Quotes: “The US government had an import prohibition for any goods made in whole or in part with forced labor. “The US import prohibition is one of the longstanding ones that has had the most effect on companies, but it wasn't enforced too much until about 3 years ago.” “If your goods are coming from Xinjiang, and you accept that they're coming from Xinjiang, Then, really, the burden is on you to prove that they're not made with any forced labor, which is an incredibly high burden and to our knowledge importers have not been trying meet it.” “Customs put together this enforcement dashboard that contains all of these statistics on how they've been enforcing the UFLPA.” Resources Virginia Newman on LinkedIn Miller & Chevalier  Tom Fox Instagram Facebook YouTube Twitter LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

At the heart of The Prophets' vision are “The 24 Essential Supply Chain Processes.” What are they? Find out, and see the future yourself. Click here The U.S. trade war with China is in full swing, and automotive supply chain leaders are considering their next moves.With the Uyghur Forced Labor Prevention Act (UFLPA) now signed into law and preventing imports from areas using forced labor in manufacturing, companies are setting their sights on alternative markets including India, Mexico and Africa.The Reshoring Institute's executive director, Rosemary Coates, returns to Auto Supply Chain Prophets with insights into why automotive supply chain leaders need to ensure that any reshoring plans encompass proper planning and plenty of supplier analysis.“You have to go out there and look at your supply chain,” the author of The Reshoring Guidebook says. This proactive approach is critical to adapting to the way supply chain is done in the 21st century.Themes discussed in this episode:The Uyghur Forced Labor Prevention Act (UFLPA) is draconian, but was signed into law for good reason.Positive, proactive control over supply chains is essential for automotive leadership today.Between employment contracts and permits, reshoring from China is no easy feat.Africa needs time to develop as an alternative to China, and India isn't as attractive as it might look.Europe lacks what the U.S. has: Consumer demand, manufacturing support and governmental support.The top two things supply chain executives intending to reshore need to consider are: Proper planning and supplier analysis.Featured on this Episode Name: Rosemary CoatesTitle: Executive director and founder of The Reshoring InstituteAbout: As a supply chain professional with many talents, Rosemary provides insight and expertise into automotive supply chain management and the growing trend of reshoring. Connect: LinkedIn | Twitter Episode HighlightsTimestamped inflection points from the show[1:39] UFLPA shielding: The U.S. has come down hard on imports from labor camps powered by the Uyghur ethnic minority in China.[4:24] Positive control: Supply chain leaders need positive and proactive control over supply chains by (surprise) visiting factories making their products — not just any product. This limits the likelihood that suppliers are using slave or child labor.[6:20] Forbidden words: Jan pins down the “two words that every supply chain purchasing professional never wants to hear.” Thankfully, Rosemary provides guidance on a solid total acquisition cost model and where it needs to come from.[9:37] Goodbye, China: Companies intending to reshore manufacturing won't find it easy. Chinese employment contracts make layoffs very expensive. Then there are the permits: If a company just leaves, they might never be allowed back in again. And they can forget about getting molds and tools back.[13:01] Africa: The next

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to you compliance related stories to start your day. Sit back, enjoy a cup of morning coffee and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership or general interest for the compliance professional. Venezuelan corruption probe snares another PdVSA official. (Reuters) Law makers want UFLPA enforced. (WSJ) Staying quiet about export control violations will cost you. (WSJ) FSIA does not apply to instrumentalities. (Reuters) Learn more about your ad choices. Visit megaphone.fm/adchoices

CBP is getting hit on all sides for its enforcement of the UFLPA. Both Congress and the FMC sent them letters. Listen for more on today's Two Minutes In Trade.

First Solar (FSLR) is the best exposed to manufacturer production tax credit tailwinds, notes John Miller. He talks about how U.S. policy framework is affecting the solar energy industry. He tracks ESG trends, and talks about if the sun can shine on solar manufacturing. He goes over how it is important to invest in solar stocks that have an effective and resilient policy framework. he also looks at some key narratives to watch in 2023 which are focused on how stridently the UFLPA will be enforced, along with details of IRA implementation guidance. Tune in to find out more about the stock market today.

Welcome to Simply Trade podcast! This week's episode features expert guest Jeremy Page, discussing Foreign Trade Zones and their benefits. Firstly, Page clarifies that Foreign Trade Zones are not the same as Free Zones, and delves into the history of the zone program and the agencies overseeing it, including the FTZB and CBP. Other players, such as the Grantee, Operator, User, and Administrator, are also discussed. Next, the requirements to participate in Foreign Trade Zones are outlined, including the necessary applications and approvals, manual requirements, bond, inventory control and recordkeeping systems, and reporting obligations. Page then explores the benefits and costs of Foreign Trade Zones. Benefits such as inverted tariff, direct delivery, re-export, duty deferral, zone to zone transfers, and use as an export manufacturing platform are discussed, as well as the weekly entry (with noteworthy UFLPA implications). Costs include grantee support, bond, ICRS, use of bonded carriers, headcount, and CBP engagement. Lastly, current issues with Foreign Trade Zones are explored. These include the absence of USMCA benefits for goods withdrawn from the zone for domestic consumption, USMCA (and formerly NAFTA) duty deferral limitations, and the lack of de minimis benefits. Tune in to Simply Trade podcast for more valuable insights on international trade! Enjoy the show.   Full show with video available on www.Crowd.Trade Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/  Co-Producer: Mara Marquez: https://app.milanote.com/1M8bFD1P9F3c6G/mara?p=qFiiiJVFV2z Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Jeremy Page - https://www.linkedin.com/in/jeremy-page-40b4aa6/  Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

CBP is again proceeding with its deployment of the UFLPA Region Alert enhancement to ACE on March 18, 2023, adding a postal code requirement for certain applications.

In this episode, we will be discussing the most talked about and trending trade compliance topics for the past year and the year to come.  We are talking, Russian sanctions, denied party lists, UFLPA, and semiconductor regulations, amongst other trade compliance subjects that you should be looking out for this year. Our guests, Beth Pride and Evelyn Bernal of BPE Global are well respected experts and deal with these on a daily basis.  They will be sharing their insights for staying compliant, or at least what to look out for, in today's global marketplace. Thank you for joining us for this episode of Simply Trade. We hope you find the information and insights shared by our guests to be valuable in understanding the complexities of international trade compliance. Remember to visit our ww.Crowd.Trade for a full video version of the episode.  Follow us on social media for more information and updates on our upcoming episodes.  As always, stay compliant and stay ahead of the game in the global marketplace. Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/  Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Beth Pride - hhttps://www.linkedin.com/in/bethpeterson3/  Evelyn Bernal - https://www.linkedin.com/in/evelyn-bernal-480282/  BPE Global - https://www.bpeglobal.com/   Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.  

In this episode, Tim is joined by Kate Yin (Fangda Partners) and Miller & Chevalier's Richard Mojica and Virginia Newman to discuss due diligence and other issues arising from the newly implemented Uyghur Forced Labor Prevention Act. The group walks through the basics of the UFLPA, the challenges it creates for U.S. importers, the industries it targets for enforcement, and the rebuttable presumption for items traced to Xinjiang province.  The group then turns to identify concrete steps companies are taking to comply with the UFLPA, including how companies are conducting necessary due diligence while at the same time navigating challenges posed by Chinese Anti-Foreign Sanctions law.    ******* Thanks to our guests for joining us: Kate Yin: https://www.fangdalaw.com/people/kate-yin/  Richard Mojica: https://www.millerchevalier.com/professional/richard-mojica  Virginia Newman: https://www.millerchevalier.com/professional/virginia-s-newman  Questions? Contact us at podcasts@milchev.com. EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts. EMBARGOED! is intelligent talk about sanctions, export controls, and all things international trade for trade nerds and normal human beings alike. Each episode will feature deep thoughts and hot takes about the latest headline-grabbing developments in this area of the law, as well as some below-the-radar items to keep an eye on. Subscribe wherever you get your podcasts for new bi-weekly episodes so you don't miss out!

In this episode, I visit with Foley & Lardner partners David Simon and Mike Walsh on the disruption to the global supply chain, which I focused on in the podcast series, Never the Same. They have co-authored an article entitled,  Managing Supply Chain Disruption in an Era of Geopolitical Risk on the topic. In this Part 2 of a two-series, we continue our exploration of the current global supply chain and focus on issues relating to China.  Some of the highlights include:  ·      Why ever company should prepare for a China confrontation over Taiwan. ·      Is the UFLPA a true game changer for supply chains and compliance?  ·      What is the impact of China's Belt and Road program? It's debt financing? ·      Why is the global supply chain and indeed the global economy of the past 30 years now dead? ·      What steps compliance functions should take now around the global supply chain of the future.  Resources David Simon Mike Walsh Managing Supply Chain Disruption in an Era of Geopolitical Risk by Mike Walsh and David Simon Why Supply Chain Will Never Be the Same After the Russian Invasion by Tom Fox Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you four compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network. Stories we are following in today's edition of Daily Compliance News: Don't try to avoid UFLPA. (WSJ) Elizabeth Holmes was sentenced. (WSJ) Deutsche Bank trader sues the bank for framing him. (FT) New FTX CEO says the company had the worst controls he's ever seen. (NYT) Learn more about your ad choices. Visit megaphone.fm/adchoices

CBP has scheduled ACE deployment of a UFLPA region alert based on postal codes and MIDs to boost forced labor awareness. While potentially a useful tool, getting the right data could prove challenging.

Tom Fox welcomes Travis Miller and Jamie Wallisch to the ESG Report. In this episode, they talk about the Uyghur Forced Labor Prevention Act (UFLPA), and how it impacts the way companies do business across the supply chain. The UFLPA is a United States federal law that stops companies from importing products made with forced labor in the Xinjiang region of China or any other part of China with forced labor by workers or other minorities. This law is important because it makes sure that companies are aware of what is happening and take steps to stop it. The UFLPA makes companies use processes that already exist in their business. To follow the UFLPA, your company would need to have a compliance program in place. Jamie also explains how regulators could assess companies' compliance programs using the UFLPA.  Organizations need to recognize their organizational footprint because each company out there affects more than just the people who work there. It's not just about who you choose to do business with but also who you choose to profit from. You can't just condemn bad business practices verbally. You have to be actively engaged in ethical behavior. "It's this assessment, it's this realization that you are the sum of your components. You are the sum of your relationships," Travis adds.  Resources Travis Miller | LinkedIn  Jamie Wallisch | LinkedIn  Assent

Tom Fox welcomes Travis Miller and Jamie Wallisch to part 2 of the Supply Chain and ESG - What You Need to Know podcast series, sponsored by Assent. In this episode, they talk about the Uyghur Forced Labor Prevention Act (UFLPA), and how it impacts the way companies do business across the supply chain. The UFLPA is a United States federal law that stops companies from importing products made with forced labor in the Xinjiang region of China, or any other part of China with forced labor by workers or other minorities. This law is important because it makes sure that companies are aware of what is happening and take steps to stop it. The UFLPA makes companies use processes that already exist in their business. To follow the UFLPA, your company would need to have a compliance program in place. Jamie also explains how regulators could assess companies' compliance programs using the UFLPA.  For ESG to succeed, ESG is important for companies to do well. Each company out there affects more than just the people who work there. It's not just about who you choose to do business with, but also who you choose to profit from. You can't just condemn bad business practices verbally. You have to be actively engaged in ethical behavior.  Resources Assent

The UFLPA has been in effect for 8 weeks yet some in Congress say CBP is not enforcing the law. Listen for more info on today's Two Minutes In Trade.

This week, the Trade Guys talking about UFLPA, IPEF, and Section 301 tariffs.

The Uyghur Forced Labor Prevention Act, which took effect on June 21, 2022, is aimed at stopping human rights abuses taking place in the Xinjiang Autonomous Region of China. All goods coming from the region are assumed to be the result of forced labor unless the importer can prove otherwise – an uphill climb to be sure. Despite the good intent behind the law, many challenges remain. The United Nations recently found that human rights concerns exist, but China still holds a seat on the U.N. Human Rights council. Of all the supply chains affected by the law, solar panels are facing the greatest scrutiny and disruption so far. Can the impact of the UFLPA live up to the expectations? In this week's Dial P audio podcast, Kelly Barner follows up on the UFLPA post-enactment to see how the good intent of this new law is playing out in practice: • What the UFLPA is hoping to accomplish? • What has the implementation of the law been like so far? • What questions remain unanswered? Additional Links & Resources: Learn more about Dial P for Procurement: https://supplychainnow.com/programs/dial-p-for-procurement (https://supplychainnow.com/programs/dial-p-for-procurement) Subscribe to Dial P for Procurement: https://dial-p-for-procurement.captivate.fm/listen (https://dial-p-for-procurement.captivate.fm/listen) Preparing for the Uyghur Forced Labor Prevention Act and Regulations Featuring Constantine Limberakis with riskmethods: https://dial-p-for-procurement.captivate.fm/dp23 (https://dial-p-for-procurement.captivate.fm/dp23) This episode was hosted by Kelly Barner. For additional information, please visit our dedicated show page at: https://supplychainnow.com/intent-effect-uyghur-forced-labor-regulation-dp40

The Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden in December 2021.  It went into effect on June 21, 2022.  With this new law, and together with Section 307, it has created some confusion and concerns with importers of items that may have been from or sourced somewhere in the supply chain from the Xinjiang Uyghur Autonomous Region (XUAR). This second episode picks up with the process and steps you should follow when trying to comply with UFLPA.  We pick up the conversation with Amy Morgan of Altana AI, who provides experience on collecting supply chain information to help build trust through an automated solution.   References: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Amy Morgan - amy@altana.ai Amy Morgan - https://www.linkedin.com/in/amytradelady/  Ana Hinojosa - ana.hinojosa@abhglobalconsulting.com Ana Hinojosa - www.linkedin.com/in/ana-hinojosa-9a618913/  Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

CBP states applicability claims vs admissibility reviews are the norm for UFLPA suspect goods as importers move out of XUAR. Listen for more.

The Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden in December 2021.  It went into effect on June 21, 2022.  With this new law, and together with Section 307, it has created some confusion and concerns with importers of items that may have been from or sourced somewhere in the supply chain from the Xinjiang Uyghur Autonomous Region (XUAR). Our guest Ana Hinojosa, formerly from Customs and Border Protection (CBP) and the World Customs Organization (WCO), will be discussing UFLPA with us in this episode. References: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Ana Hinojosa - ana.hinojosa@abhglobalconsulting.com Ana Hinojosa - www.linkedin.com/in/ana-hinojosa-9a618913/    Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

There is significant uncertainty about how companies can deal with the sweeping UFLPA which just went into effect in late June. To understand this policy and how it is being enforced, this week on China Corner Office, Chris Marquis discusses the UFLPA with Craig Allen, President of the US-China Business Council, and Jon Gold, vice president of supply chain and customs policy at the National Retail Federation. Unlike prior trade policy which assumes importers are “innocent until proven guilty”, the UFLPA places the onus on manufacturers and importers to ensure their supply chains are free of forced labor. Key topics discussed include how companies are working to meet this requirement and how will it be enforced by the U.S. Customs and Border Protection (CBP). Also discussed are China's response and Craig and Jon provide some advice to companies on how to cope with the compliance challenges and what to anticipate in the future.A transcript of this podcast is available here.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sandie is joined by Justin Dillon to discuss new legislation that will address known forced labor in supply chains. They look at how companies can become aware and map their supply chain, various tools available on the market, and the need for a balance between educating and incentivizing corporations. Justin Dillon Justin is an entrepreneur, author, and artist. He founded the enterprise software company FRDM, with a mission of changing the world through the power of our purchases. FRDM is a business platform used by Fortune 500 companies to measure and mitigate risk of forced labor in supply chains. Justin is also the Founder and CEO of Made In A Free World, a non-profit organization dedicated to ending forced labor, human trafficking, and modern-day slavery through increased public awareness, action and advocacy. He is author of A Selfish Plan to Change the World (2017) which reveals the secret to a life of deep and lasting significance: the discovery that our need for meaning is inextricably linked to the needs of the world. Justin made his directorial debut in the film Call + Response, which revealed the world's 27 million dirtiest secrets: there are more slaves today than ever before in human history. The “rockumentary” was theatrically released around the world and became one of the top documentaries of 2008. Justin founded the nonprofit organization Slavery Footprint. Partnering with the U.S. State Department and Google, they launched a multiple-award-winning website that asks the question, “How Many Slaves Work For You?” The website and mobile app allow consumers to visualize how their consumption habits are connected to modern-day slavery. Justin has worked in technology and human rights for ten years, advising the United Nations, White House, and several Fortune 100 companies on supply chain transparency and the purpose economy. Key Points People want to do good with lives, so for advocates, its about how to get more people involved and aware. Uyghur Forced Labor Prevention Act (UFLPA) "imposes various restrictions related to China's Xinjiang Uyghur region, including by prohibiting certain imports from Xinjiang and imposing sanctions on those responsible for human rights violations there." Transparency in supply chains can solves problems, other than forced labor, such as environmental climate change problems and operational problems. The Forced Labor Enforcement Task Force (FLETF) will implement a cycle of monitoring and evaluating work being done by corporations to adapt to the UFLPA bill.  It is important that buyer work with their suppliers to improve their supply chain and create incentives for supplies to be transparent. As a movement, remember to celebrate the wins. Resources California Transparency in Supply Chains Act, 2010 EP. 17 - California Transparency in Supply Chains Act EP. 209 – Is Supply Chain Transparency Working? with Ben Greer EP. 195 – The Sydney Framework: Supply Chains and Sustainable Development Goal 8.7, with John McCarthy EP. 267 – The Intersection of Business and Human Rights, with John Cotton Richmond EP. 269 – Empowering Businesses to Create a Slave Free World, with Matt Friedman EP. 247 – Perspectives on Transformation in Labor Trafficking, with Ben Skinner Uyghur Forced Labor Prevention Act (UFLPA) Love the show? Consider supporting us on Patreon! Become a Patron Transcript Dave [00:00:00] You're listening to the Ending Human Trafficking podcast. This is episode number 280, Shifting the Supply Chain Burden, with Justin Dillon. Production Credits [00:00:09] Produced by Innovate Learning, maximizing human potential. Dave [00:00:30] Welcome to the Ending Human Trafficking podcast. My name is Dave Stachowiak. Sandie [00:00:35] And my name is Sandie Morgan.

The US Customs and Border Protection agency released operational guidance for importing companies on how to comply with the Uyghur Forced Labor Prevention Act (UFLPA), which was signed into law on December 23, 2021. The big ask for companies was for more supply chain transparency. We discussed what UFLPA means for the world's economy and why supply chain transparency is still so difficult. Then we discussed the most recent ruling US Supreme Court ruling that limited the Environmental Protection Agency's ability to regulate greenhouse gas emissions from power plants.Host: Mike Disabato; MSCI ESG ResearchGuests: Miranda Carr, Liz Houston, and Mathew Lee; MSCI ESG Research

One June 13, 2022, CBP issued operational guidance for importers on enforcement of the UFLPA

CBP posts it's operational guidance for the UFLPA, but many questions remain. Listen for more info on today's Two Minutes In Trade.

But wait-there's more. CBP officials stated there is more operational guidance forthcoming on UFLPA enforcement. Listen for more details on today's Two Minutes In Trade.

The World Trade Center Arkansas, sat down with experts from Sandler, Travis & Rosenberg, P.A., an international trade firm, to discuss how companies can comply with the Uyghur Forced Labor Prevention Act (UFLPA), which goes into effect June 21, 2022.

More than ever before, companies must know the intricacies of their supply chains. Chief among the pressures to better understand where exactly goods stem from is a growing spate of due diligence legislation, including the Uyghur Forced Labor Prevention Act (UFLPA) in the United States. Signed in December and going into effect in June, this law expands the burden of proof for importers. Companies bringing goods into the United States already face Withhold Release Orders (WROs) on products with certain materials—including cotton—that were thought to be associated with forced labor in China's Xinjiang Uyghur Autonomous Region. With UFLPA, the scope of banned imports extends to all merchandise with an origin in the XUAR—whether or not there is evidence of potential forced labor. This conversation between MeiLin Wan, vice president, textile sales at Applied DNA Sciences; Andrew Samet, principal at trade consulting firm Sorini, Samet & Associates; and Edward Hertzman, founder and president of Sourcing Journal, covers what to expect as UFLPA goes into effect. Learn more about your ad choices. Visit megaphone.fm/adchoices

On April 8th at 9:00AM EST, Forced Labor and Forced Task force will hold a public hearing on forced labor in China and potential measures to prevent the importation of goods made with Forced Labor.  For more information on today's podcast listen to today's Two Minutes in Trade.

Preparations for UFLPA enforcement continue, with the US receiving close to 180 comments, many with largely different views, on how to proceed with the enforcement scheduled for June 21.