Karanovic & Partners, in collaboration with Dentons, successfully hosted an insightful event on September 26, focusing on U.S. Sanctions, Export Controls, and the Foreign Corrupt Practices Act (FCPA)/Anti-corruption. Held at Karanovic & Partners’ offices in Belgrade, the event brought together in-house legal counsels, compliance professionals, and executives to discuss the extraterritorial impact of U.S. regulations and their implications for businesses in Serbia and beyond.
Attendees had the opportunity to hear from leading experts, including Peter G. Feldman and Michael Zolandz, Partners at Dentons in Washington, DC, and our Partner Goran Radošević. Their presentations provided practical insights into mitigating the risks posed by these U.S. laws and guidance on safeguarding global business operations from legal pitfalls. The event was moderated by our Senior Partner Marjan Poljak.
The discussion highlighted the critical importance of understanding U.S. sanctions and anti-corruption laws, particularly in a global business environment where non-compliance can lead to severe consequences. These include frozen assets, restricted access to international financial systems, hefty fines, and reputational damage. The speakers emphasised the need for Serbian companies to ensure compliance, given the intersection of U.S. regulations with local laws, creating potential compliance complexities.
The event concluded with a networking session, where participants continued discussing key takeaways and exchanging their knowledge.
Partner refers to an independent attorney at law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.