International trade. Economic sanctions
Unilateral economic sanctions against private businesses have a negative impact not only on the sanctioned persons themselves, but also on the companies working with such persons. Conducting foreign economic business in the current sanctions reality is turning into a minefield.
In this regard, it is extremely important for any company or individual to protect their business from negative consequences in relations with contractors, partners or participants using sanctions compliance.
Sanctions compliance and verifications
- Identification of sanctioned persons (i.e., complete verification of the company’s corporate structure, including its final beneficiaries and subsidiaries).
- Performance of sanctions due diligence of current and potential counterparties, the assessing the compliance risks and ways of their minimization.
- Verification of the companies’ corporate and contractual structures regarding the compliance with the sanction laws of the countries with which the company is associated; formulation and drafting of (anti)sanctions clauses in contracts; advising on possible options for changing the corporate structure.
Business consulting
- Advising companies in regard to sanctions and the consequences of their imposition.
- Conducting the training (workshops) for owners, CEO and other employees of companies on the peculiarities of sanctions regulation.
- Developing sanction’s policies, strategies, and recommendations for doing business when sanctions are imposed.
Experts in the field
Head of Arbitration & IT Disputes Practice of REVERA law group
