Economic sanctions (restrictive measures). Sanction compliance
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 international business in the current sanction’s reality is gradually turning into no less than a minefield.
In this regard, it is extremely important for any company or individual to protect their business from negative consequences in the framework of their relations with counterparties, partners or shareholders by means of sanctions compliance.
Our services
1. 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.
2. Business consulting
- Advising international and national companies in regard to sanctions and the consequences of their imposition;
- Communication with the official bodies and authorities competent to impose sanctions, including the issues of de-listing;
- Supporting the procedure for appealing decisions (resolutions) of the competent authorities on the imposition of sanctions in state courts;
- 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.
3. Reputation, defense against defamation
- Analyzing the status and conditions of the mass media information and assess the reputational risks of the company (person) that may affect the process of the sanctions’ imposition;
- Representing the interests and assisting in refuting (appealing) the false information in media (exercising the right of reply and others) in foreign and national mass media sources.
Experts in the field
Senior Associate, REVERA Kyrgyzstan Legal Panel Coordinator
