FROM CHECKLISTS TO HANDCUFFS: THE COMPLIANCE SIDE OF SANCTIONS AND ITS SLIP-UPS
Organised by the Business Crime and Civil Fraud and the International Business Law Commissions
Session #5
Date & Time
Location
Wednesday 04 September
13:45-15:00 CEST
Hotel Riu Plaza España
Description
In recent years, political tensions escalated significantly, notably with Russia’s war of aggression against Ukraine. As international and local sanctions (political, economic, commercial, financial, etc.) against Russia have multiplied, it has become increasingly clear that these legal and regulatory measures could be used as a geopolitical weapon. These sanctions can result in a real economic warfare, with potential devastating consequences for businesses and their owners. Given this backdrop, the role of lawyers in addressing the compliance challenges faced by companies is increasingly vital. These challenges include ensuring compliance with evolving sanctions laws, crafting action and contingency plans for potential crisis scenarios, comprehending implications and repercussions of legal and regulatory violations, or mitigating the consequences of breaching the sanctions.
If you seek a deeper understanding of the complexities surrounding international sanctions, along with get a practical insights into the consequences they have for business and the economy in general, we invite youto join our session!