FRESH LOOKS - Loopholes and Liability Pitfalls

Red Flags Rising by Michael Huneke & Brent Carlson

Episode notes

Mike & Brent revisit Brent's original August 25, 2023, "Fresh Looks" post, "When Loopholes Create Liability Pitfalls: A Fresh Look at Export Controls." They discuss what inspired Brent to write the article (00:40), the Inspur Group controversy (05:38), what legacy perspectives were missing about the compliance and enforcement risks (08:25), parallels to U.S. Foreign Corrupt Practices Act enforcement (12:16), why Mike initially hated Brent's article (13:19), how the risks that Brent highlighted in August 2023 are still relevant today (17:29), the key takeaways for trade compliance professionals (18:29), and the return by popular demand of Brent Carlson's "Managing Up" segment on what trade compliance should explain to stakeholders, management and boards about the risks identified in Brent's article (20:41).

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Keywords
Export ControlsSanctionsCompliance OfficersTrade ComplianceHigh Probability StandardDepartment of CommerceBureau of Industry & SecurityEconomic SecurityNational SecurityDeepSeekArtificial IntelligenceA.I.ChinaSemiconductorsHoward LutnickAmerica First Trade Policy