This includes understanding the sanctions' jurisdictional scope and impact, including matters such as the effect of asset freezing measures, part-ownership by sanctioned persons, licensing issues, the interpretation of sectoral sanctions and the force majeure, frustration and termination issues affecting contracts with sanctioned counterparties.
We have been heavily involved in advising both financial sector and corporate clients with operations in sanctioned jurisdictions on these and related issues, and in making licence applications to relevant authorities.
Our world-class corporate crime team spans over 25 offices across the globe, advising on both the financial and trade sanctions imposed by key agencies and on sanctions compliance programmes.
We can help you with a full range of advice in respect of UN, EU, UK, Australian, Russian and US regimes involving, amongst others, the sanctions imposed in relation to Iran, Syria, Libya, Russia/Ukraine, Cuba, Iraq, Ivory Coast, Sudan, Myanmar and Zimbabwe.