Jim Huish: Broadening reach and escalating concerns – understanding ‘Enhanced Due Diligence’ requirements

As business grapples with issues such as forced labour and human rights – once consigned to ‘CSR’ but now more likely to fall within the regulatory space – compliance officers are looking for guidance on managing and detecting new areas of supply chain risk. The first step is adopting a process of Enhanced Due Diligence. But for many companies, the real challenges lie in understanding how to put principles into practice.

In this presentation, tailored for the export control compliance function, Jim Huish addresses the key elements of an Enhanced Due Diligence programme, including:

• Expectations of regulators and enforcement bodies
• Main areas where attention should be focused
• Understanding who to target for scrutiny
• Working through the supply chain – how far is far enough?

Focusing on forthcoming developments in the UK, EU and Germany, Jim will look at areas of future regulation that companies need to consider and look at how to introduce compliance efficiencies into due diligence endeavours.

About Jim: Jim Huish is Managing Director, Forensic & Litigation Consulting, Export Controls, Sanctions & Trade, at FTI Consulting, specialising in international trade compliance. He is based in London.