Checklist of International Risk Considerations

Last updated: 09/06/2018 - 4:07pm

Purpose

Conducting international business exposes ASU to new risks that may need to be evaluated and mitigated. This checklist outlines such risks. If you answer yes to any of the below questions, please contact Global Operations at global.ops@asu.edu for further assistance in addressing the risk.

RISK CATEGORIES

CONSIDERATIONS

YES

NO

Reputational

  • Will the project be viewed as politically or morally controversial in the host-country?
  • Will a foreign entity have significant say over the technical direction of the project?
  • Will the project pose any reputational threat to either the sponsor or the university?

Health & Safety

  • Will an ASU student be traveling to a foreign country outside of an ASU-approved study abroad program?

  • Will an ASU employee be traveling to a destination with OFAC Sanctions?
  • Will security services be needed/used?

Foreign Participants

  • Will there be any sort of exchange program?

  • Will there be foreign participants?
  • Are there visa and/or work permit concerns?
  • Are there any language barrier concerns that do not have a proposed solution?

Permanent Establishment

  • Are there plans for an ASU employee to work in the host country for six months or more per year?
  • Are there plans to hire host or third-country nationals as project personnel?
  • Are there plans to register as an entity/open an office in the host country?
  • Are there plans to open a bank account in the host country?
  • Will the project generate local income?
  • Will ASU be required to pay foreign taxes?
  • Are there plans to purchase or lease real estate or moveable capital equipment such as a vehicle?

Contractual

  • Will the contract preclude ASU from entering into any other agreements in the country for the same or a different type of program?

  • Will ASU have to give up rights to intellectual property created solely or jointly by ASU?
  • Are there any concerns with the procurement guidelines of the host country?

Other

  • If this is a USAID project, are any key project roles missing identified individuals with the right skillsets to be successful?
  • Are there any major risks not captured above? Please explain below.

 

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