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Compliance Audit Strategies: Ethical Sourcing & US Laws on Xinjiang

Writer's picture: ArtisanArtisan

In today's globalized marketplace, American companies face the challenge of ensuring compliance with US laws regarding Xinjiang, particularly concerning forced labor practices. The Xinjiang import ban, Uyghur Forced Labor Prevention Act (UFLPA), and related acts aim to prevent goods produced with forced labor in Xinjiang from entering the United States. To help American companies navigate these legal complexities and avoid potential sourcing issues, conducting thorough audits is crucial. In this blog post, we will explore key strategies for auditing that can help companies proactively identify and mitigate risks, ensuring compliance with the applicable laws.

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Artisan Business Group guides clients through the complexities of alternative investments and navigate the ever-evolving dynamics of the new wealth landscape. Our expertise in risk management and business strategy empowers Asian HNWIs and international companies to capitalize on emerging opportunities.

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