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Cadence Hosts ESD Alliance Seminar on New Export Regulations Affecting EDA and SIP March 28

Cadence Hosts ESD Alliance Seminar on New Export Regulations Affecting EDA and SIP March 28
by Bob Smith on 03-10-2023 at 6:00 am

ESD Alliance Export Seminar 2023

Anyone interested in learning about general trade compliance concepts or how export control and sanction regulations affect the electronic systems design ecosystem will want to attend the upcoming ESD Alliance export seminar. It will be hosted by Ada Loo, chair of the ESD Alliance Export Committee and Cadence’s Group Director and Associate General Counsel and held March 28 at Cadence’s corporate headquarters,

The seminar will feature the Cadence Government and Trade Group, including Ada and William Duffy, Cadence’s Corporate Counsel. They will discuss why and how governments implement trade controls, what “exports” are and how they take place in different business contexts. The seminar will cover common due diligence methods, such as customer screening that U.S. companies use to incorporate regulatory compliance into their business processes. It will also highlight recent regulatory updates that address current issues such as U.S.-China trade relations and anticipated effects of those regulations on the U.S. semiconductor design ecosystem.

Attendees will get an overview of relevant regulators and regulations, including a high-level summary of the U.S. government’s publicly stated policy positions and how they influence the development of export controls that affect the EDA industry. The seminar will focus on the Export Administration Regulations (EAR) with a discussion on the International Trafficking in Arms Regulations (ITAR) and Office of Foreign Assets Control (OFAC) sanctions programs. It will look at what is and is not regulated under the EAR, what constitutes an “export,” “reexport,” “release,” and “transfer,” how tangible and intangible exports differ, and scenarios where exports can take place inadvertently.

General prohibitions and regulated activities under the EAR will be covered, as will the facts that compliance officers should almost always know or be willing to ask about any given transaction. Business implications that they must consider when evaluating transactions and instituting effective processes to backstop compliance will be addressed.

Another topic will be how business operations can and should be structured to accommodate export compliance regulations, including questions that compliance personnel should frequently ask themselves and business partners. The seminar will examine where export compliance considerations affect sales, operations, customer support and product development and evaluate effective compliance programs as described by the Bureau of Industry and Security (BIS) compliance guidelines. It will offer ways to identify red flags in customer behavior and how companies can protect themselves by asking the right questions, having the right contract clauses, and by asking for the right assurances from uncertain customers. The implications of falling short in compliance and how to investigate potential escapes internally and with outside counsel will be discussed.

The breakfast meeting will be held Tuesday, March 28, from 8:30am until 11:30am at Cadence’s corporate headquarters in San Jose.

Member tickets are $100 each and $125 per non-member. Member pricing is offered for individuals or companies that are active SEMI members. Visit the ESD Alliance website to register: www.esd-alliance.org

Please contact me if your company is interested in learning about the The ESD Alliance, a SEMI Technology Community, and the range of our programs. We represent members in the electronic system and semiconductor design ecosystem that addresses technical, marketing, economic and legislative issues affecting the entire industry. We act as the central voice to communicate and promote the value of the semiconductor design ecosystem as a vital component of the global electronics industry. I can be reached at bsmith@semi.org.

The Electronic System Design Alliance (ESD Alliance), a SEMI Technology Community, an international association of companies providing goods and services throughout the semiconductor design ecosystem, is a forum to address technical, marketing, economic and legislative issues affecting the entire industry. It acts as the central voice to communicate and promote the value of the semiconductor design industry as a vital component of the global electronics industry.

Follow SEMI ESD Alliance:

www.esd-alliance.org

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