Export Controls & Sanctions
Our team specialises in EU export controls and sanctions, including compliance, licence applications and enforcement.
We help companies comply with the myriad of complex laws through the conduct of risk assessments, the provision of policies and procedures, the provision of sanctions screening services, and through training and legal updates.
We are frequently called upon to help companies which are concerned about potential breaches of export controls or sanctions. This can arise because of payments being stopped, enquiries by banks, whistleblowing reports, or enquiries by HM Revenue & Customs, HM Treasury, SOCA or the police.
We are experienced in the making of voluntary disclosures to HM Revenue & Customs (export control breaches) and HM Treasury (sanctions breaches).
- Advising an oil & gas service company in investigating suspected breaches of EU sanctions and UK export controls. A voluntary disclosure to HM Revenue & Customs led to no enforcement action being taken
- Advising an exporter on whether it was required to seek prior authorisation for the receipt of payments which originated from Iranian customers and on making a voluntary disclosure to HM Treasury.
- Advising an exporter on a SOCA investigation into money laundering which led to sanctions breaches being identified.
- Advising numerous exporters on the application of EU and UK sanctions/export controls, applications for licences to export, and the making of notifications to HM Treasury in respect of the receipt of funds covered by financial sanctions.
- Advising regularly on the application of sanctions and export control restrictions relating to Iran, Libya, Syria, Zimbabwe, Myanmar, Sudan and other countries.
- Working in parallel with US lawyers on Office of Foreign Assets Control (OFAC) issues and the application of US law when required.
Recent publications -
Urgent response to Ukraine