Many businesses have been handling non-standard issues over the last few years.
Companies leaving Russia face numerous challenges: personnel issues, complication of licensing procedures, asset management decisions compliance requirements, revision of existing contracts and agreements due to sanctions.
Currency legislation has become much more complicated and, as a result, the number of indictments fir any breach thereof has increased. Many firms struggle with selection of counterparties and at the same time are scared of liability for compliance with sanctions obligations.
And increasingly, it is not even the penalties which cause concern, but potential criminal liability of owners and managers of companies.
If you think that your company is at risk, we recommend that you seek professional advice.
The lawyers of “Aronov & Partners” promptly monitor information about new restrictive measures, advise on a wide range of sanctions law issues and are ready to represent your interests.
Legal advice
- Legal advice in the area of sanctions regulation:
- Giving advice on embargoes and restrictions;
- Giving advice on obtaining licenses in connection with sanctions;
- Development of turnkey compliance solutions and policies;
- Regulation and conduct of foreign trade;
- Criminal law protection in connection with sanctions;
- Exclusion from sanctions lists and appeal of court orders;
- Preparation of reviews of applicable sanctions, clarification of certain aspects of application of sanctions regulations;
- Analysis of the risks of dealing with counterparties and provision of recommendations for mitigation of such risks;
- Identification of risks of imposition of sanctions in certain business area;
- Analysis of contracts for potential breach of restrictive measures imposed by foreign states, and recommendations for further business conduct taking into account such measures;
- Giving advice on issues related to restrictive measures imposed by Russia;
- Analysis and structuring of proposed transactions in the presence of any pending sanctions;
- Analysis of previously executed transactions and development of new structures for the purpose of avoidance of sanctions risks;
- Preparation of requests to be submitted to the sanctions regulating authorities;
- Giving advice to foreign investors and beneficiaries of Russian business on legal ways of leaving the Russian market;
- Obtaining special licenses from the relevant authorities of the USA, Great Britain, EU member states;
- Unblocking securities seized by a foreign depository;
- Representation of interests in the Government Commission on Monitoring Foreign Investment in the Russian Federation.
- Legal advice in the area of international sanctions:
- Giving advice on matters related to application of international sanctions against Clients' business in Russia or abroad, or against Clients' counterparties;
- All-inclusive solutions in the area of sanctions compliance for the purpose of implementation of international operations;
- Analytical support on sanctions regimes, including delisting matters;
- Legal support of interaction with financial entities on sanctions issues;
- Structuring international transactions with sanctions or potential sanctions element;
- Dispute resolution services in the area of sanctions regulation at the international level.
- Legal advice in the area of lifting US and EU sanctions:
- Determination of optimal strategy for lifting sanctions imposed on the principal and implementation thereof;
- Analysis of the reasons, prerequisites, grounds and sources of information which entailed imposition of sanctions;
- Execution and implementation of a “road map” for the purpose of alteration of the positioning and mitigation of primary causes and grounds which entailed imposition of sanctions.
- Trainings on sanctions law and compliance:
- Training of relevant managers and employees on sanctions law and compliance;
- Delivery of trainings-lectures on the theory of financial and economic sanctions, relevant regulation and case laws on its application in the Russian Federation, UN, USA, EU and other states: Great Britain, Switzerland, Canada, Australia, New Zealand, Japan;
- Analysis of true cases involving imposition and removal of sanctions, occurrence of criminal and administrative liability;
- Giving advice on approaches of foreign authorized bodies to sanctions policy in preparation, approval of sanctions lists and exclusion from such lists.
Team
