About
Provided by Eversheds Sutherland
Global financial sanctions regimes have become more complex and despite ever increasing international alignment, compliance with these sanctions has never been more challenging. With a sharpened focus on sanctions enforcement, the cost of getting it wrong can be significant. An effective sanctions compliance programme has never been more critical.
Sanctions can take many different forms and as well as country specific sanctions programmes we are now also seeing an increase in thematic sanctions which target individuals/entities associated with specific themes (for example, cyber, human rights, global anti-corruption, terrorism). The global nature of sanctions means that compliance can often be a difficult area to navigate with competing legal and regulatory requirements across jurisdictions. Our financial sanctions team regularly advises on sanctions imposed globally, focused primarily on the sanctions regimes imposed by the United Nations (“UN”), the United Kingdom (“UK”), the United States (“US”), and the European Union (“EU”), although our global presence means we are able to provide support to businesses across the globe. We are regularly instructed by the world’s largest financial institutions as well as by corporate clients across a range of sectors.
