Sanctions & Export Controls
International sanctions and export controls are complex, ever evolving and have global reach. They target individuals, corporate entities and governments while impacting virtually every business sector. Violations may result in severe consequences including punitive fines, reputational damage and loss of business. Furthermore, sanctions and export control laws respond to volatile political landscapes and are increasingly inconsistent between jurisdictions. Meanwhile, there has been a dramatic increase in regulatory scrutiny, cooperation between international regulators and enforcement. Sanctions and export controls represent a significant compliance challenge for businesses.
Our experts are well positioned to advise on the application of sanctions and export control regimes to your business and your associated obligations / risk exposure. We provide practical guidance on navigating the complicated sanctions and export controls landscape including advice on effective control frameworks, responding to potential breaches and reporting. We also advise on the impact of sanctions and export controls on commercial transactions and on drafting appropriate warranties / indemnities. Our team has substantial experience of advising on import / export related issues and obtaining various types of licences from the Department of Enterprise, Trade and Employment.
Experience
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Advising a number of multinationals
in various sectors on the application of sanctions laws to their commercial arrangements.
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Providing extensive advice to multinationals
on sanctions compliance, including risk assessments, screening, due diligence and potential breaches.
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Advising a multinational
on a number of issues regarding cloud computing and export controls.
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Advising a multinational IT company
on the scope and application of EU and Irish export control legislation, including licence applications.
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Assisting a regulated entity
on its financial sanctions screening processes in the context of preparing for a CBI inspection.
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Providing detailed guidance
to a large number of multinationals in the transport sphere, including aviation, on EU and UN sanctions laws and related issues such as proposed corporate restructuring.
