To tackle these issues, the "International Structuring and Sanctions Compliance" approach offers effective solutions. It includes:
- Creating a matrix to identify and assess sanctions risks.
- Developing a risk management strategy.
- Formulating action plans to minimize compliance risks.
- Establishing a dedicated compliance division within the organization.
- Conducting training for employees to meet new requirements.
The significance of sanctions compliance in the current business landscape cannot be understated. Our company provides comprehensive solutions for sanctions compliance challenges, making us the ideal choice for clients dealing with various sanctions-related problems.
In addition to sanctions compliance services, we also offer post-compliance assistance to address issues like direct or sectoral sanctions, frozen assets, and contracting limitations. This involves analyzing the causes and consequences of being on sanctions lists, evaluating risks associated with affiliates and counterparties, and devising action plans and updated structures to mitigate the impact of sanctions.
Entrusting these critical procedures to professionals with expertise in international or sanctions law is highly recommended. By reaching out to our company, clients can benefit from our extensive experience in handling these matters effectively.