After the Russian invasion of Ukraine, the world of business will never be the same again. Deputy Attorney General Lisa Monaco recently said that the world’s “geopolitical landscape is more challenging and complex than ever. The most prominent example is of course Russia’s invasion of Ukraine.” It is “nothing less than a fundamental challenge to international norms, sovereignty and the rule of law that underpins our society.” This is even more so in the current business climate. Over this five-part podcast series, I will consider how the business will never again be the same and how a confluence of events has changed business forever. I am joined in this exploration by Brandon Daniels, CEO of Exiger. We will explore the irrevocable changes in Supply Chain, trade and economic sanctions, anti-corruption, cyber-security and ESG. In Part 2, we consider the changes in economic sanctions and trade compliance. Highlights include:
· Sanctions have changed forever.
· Economic sanctions should include a comprehensive set of trade policies.
· Potential damage from state and non-state actors includes corporate espionage, intelligence gathering and economic disruption.
· Legislative and regulatory responses.
· How the rise in whistleblower provisions has fueled sanctions and asset seizures.
