STRENGTHENING DUE DILIGENCE PROCEDURES ACROSS YOUR BUSINESS TO MINIMISE DIVERSION RISKS

March 7, 2017 1:45pm

Rebecca Kelly
Partner
Morgan Lewis (UAE)

Maisa AlBelushi
Legal and Compliance
Sadara Chemical (Saudi Arabia)

Saboor Siddiqui
Risk and Compliance Officer
BitOasis (UAE)

  • How to get local and regional companies to establish due diligence procedures
  • How to ensure your local trading partners are complying with international export controls?
    • How to ensure they comply with US regulations
  • What are your liabilities if one of your third party’s is trading into Iran?
    • What is your obligation to ensure this doesn’t happen?
  • How to get access to information that you need in order to conduct thorough due diligence….without hiring expensive external lawyers
  • What are the first responses to make to initial red flags?
    • What are the easy things to do?
  • How to work with reluctant third parties during due diligence to make the process go more smoothly
  • How to screen for names that, when translated into a Roman alphabet from an Arabic alphabet, could have 6 or seven different spellings