Sanctions compliance

During the period of economic sanctions, there is an increasing need to keep abreast of the latest developments in order to be able to take timely action to prevent or minimize reputational and regulatory risks. Given the large number of various western sanctions imposed on Russian companies, individuals and industries, businessmen and investors have an urgent need for competent legal support in this area.

CLS has extensive experience advising on the application of international sanctions and Russian counter-sanctions to comply with regulatory requirements when entering or operating on relevant markets.

Key areas of our work

Comprehensive legal check of contracting parties for compliance with sanctions requirements
Legal support for clients regarding compliance with sanctions and counter-sanctions provisions
Development of financing structures compliant with sanctions regimes
Development, implementation and assessment of internal policies and procedures to ensure compliance with the requirements of sanctions laws
Unblocking funds and assets of legal entities and individuals blocked abroad
Obtaining special permits and licenses for sale of assets and termination of contracts and transactions involving persons whose activities are affected by sanctions restrictions
Challenging unjustified/unlawful inclusion in sanctions lists
Exclusion of persons from the Interpol database, checking the status of persons in the Interpol database as to being on the international wanted list