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Follow on Google News | Giovanna M. Cinelli, Partner, Dentons US LLP to Speak at Knowledge Congress’ LIVE WebcastBy: The Knowledge Group LLC Event Synopsis: Exporting today is complicated, highly regulated, and often risky. The regulations continue to change, enforcement increases, and the risk of non-compliance, fines, and litigation grows each year. The largest fines are for willful, criminal convictions currently are up to $1 million, but will increase to $10 million, or ten times the value of the export, when the new Export Administration Act is passed. In 2014, a number of firms and individuals were convicted of export violations including, a) Wind River Systems which agreed to pay $750,000 to settle allegations that it had transferred encryption software to those on the BIS Entity List, b) Robbins & Myers Belgium S.A pled guilty to the illegally exporting drilling equipment to Syria, paying $1,000,000 in criminal fines for $31,716 in equipment; and c) an individual pled guilty to conspiracy to illegally export laboratory equipment from to Syria and is facing up to five years in prison and a fine of as much as $250,000. The Justice Department and State Department pursued similar cases against companies and individuals in 2014 -- raising awareness within these organizations regarding the need to understand how companies conduct their business. To cope with the increasing complexity and changeability of the export industry, companies need to develop, implement, and maintain effective Export Compliance and Audit management policies and procedures. Staff should be trained, monitored, and evaluated; risk analysis models should be reviewed and evaluated annually as well as on an as needed basis; and all programs should be audited to ensure compliance. The complexity and variability of restricted export lists counsels that entities consider using automated databases. The Knowledge Group has assembled a panel of key thought leaders and professionals who will review recent export violations and help the audience understand the most important aspects of Export Compliance and Audits: How to Minimize Risks in 2016 and Beyond. The speakers also will share their best practices for maintaining an efficient and effective export compliance strategy and auditing process. Key topics include: § Export Administration Act and the Arms Export Control Act § Export Compliance Program and Auditing Process – An Overview § Developing an Export Auditing Program § Performance Indicator (KPI) Monitoring Techniques § Effective Export Compliance Monitoring and Auditing § Automation of Export Compliance § Identifying Risk Factors based on Export Reform § Export Risk Models § Policies and Procedures of Export Compliance & Auditing Program § Safeguards and Standards of Conduct in Export Compliance § Sanctions for Violation of Export Controls § Export Compliance Security § Best Practices About Giovanna M. Cinelli Giovanna M. Cinelli is a partner at Dentons US LLP in their Tysons Corner, Virginia office where she chairs the Firm's Export Controls and National Security practice. She counsels defense and high technology companies on a broad range of issues affecting national security, including export compliance, CFIUS reviews and classified investigations. She has practiced for over 25 years handling dozens of complex civil and criminal investigations (both unclassified and classified), transactional due diligence, export licensing and interpretations, and negotiation of export enforcement settlements. Ms. Cinelli also serves as an expert witness on export issues affecting litigations and arbitrations involving controlled goods, technologies, data and services. Her testimony has addressed complicated, multinational licensing and compliance issues related to the conduct of discovery and trial proceedings in the United States and abroad. Ms. Cinelli was listed in Chambers Lawyers Research as a specialist in export compliance, a 2014 Chambers USA "Leader in Their Field" for export controls and sanctions, a Chambers Global 2015 expert, as well as a 2012-2014 Washington, DC "Super Lawyer." She is currently Chairman of Women in Aerospace, the United States' premier non-profit organization focused on addressing leadership and educational opportunities for women in the aerospace and aviation fields. About Dentons US LLP Dentons is a global law firm organized to provide you with a competitive, legal and policy edge in an increasingly challenging and complex environment. As a market leader in multiple jurisdictions, Dentons was formed in 2013 through a combination of Salans LLP (Dentons in Europe), Fraser Milner and Casgrain LLP (Dentons in Canada) and SNR Denton (Dentons US). In June 2015, McKenna Long and Aldridge merged with Dentons US to further expand its geographic reach and capabilities. Dentons spans over 80 locations in 50-plus countries across the United States, Europe, Asia Pacific, Canada, Africa, the Middle East, Central Asia, Russia, the CIS and the Caucuses, and the United Kingdom. The Firm provides access to top-tier legal talent with experience in over 24 sectors, including, but not limited to: Aviation and Aerospace, Defense, Software, High Technology, Telecommunications, Real Estate and Banking. The Firm maintains expertise in over 39 practice areas covering mergers, acquisitions, divestitures, export controls, national security, government contracts, litigation, financing, immigration and cross-border requirements (such as CFIUS and other foreign direct investment laws). With a global reach and in-depth experience, Dentons helps clients across the globe expand their opportunities and remain competitive. About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. End
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