The increased awareness and enforcement of the sanctions administered by the Office of Foreign Assets Control (OFAC), and the growing impact of European sanctions on multinational organizations, has dominated the past few years in the export controls field. Both U.S. and foreign companies face unique challenges with transactions in high-risk areas such as Iran, Russia, Syria, etc. Our team can represent you in enforcement matters, help you obtain licenses, advise you on regulatory interpretation, and design and implement compliance solutions tailored to your needs.
As sanction regimes continue to be adopted and expanded globally, it is important to proactively assess the regimes’ impact in order to avoid the potentially significant ramifications of non-compliance; a breach of sanctions can result in civil and/or criminal penalties, in addition to reputational damage to a sanctions breaker.
Our lawyers will support you in navigating the maze of sanction regimes – including UN, U.S., EU, Swiss, and UK sanctions in Iran, Russia/Ukraine, Cuba, Syria, and North Korea, among others – affecting the energy and trade, shipping, insurance, aviation, education, media, defense, technology and life sciences industries.
We can provide you with strategic guidance and practical advice on global sanctions issues:
- With respect to the scope of restrictions on trade and financial transactions, licensing requirements and enforcement activities
- In navigating internal investigations and voluntary disclosures
- With design and implementation of global compliance programs, utilizing business-friendly compliance tools
- During civil and criminal enforcement proceeding