Export control & International sanctions
A major issue for companies operating internationally, export control and respect of international sanctions permit to comply with regulations affecting international trade and prevent the risk of sanctions.
The field of international sanctions, is another complex challenge that companies face in international trade as they involve compliance with restrictive measures imposed on company by various national, European and International authorities and which may include the freezing of assets, the prohibition to make available funds or economic resources or prohibitions of entering into a business relationship with designated persons.
Your challenges
Compliance with export control regulations and international sanctions regarding the company’s international activities.
A perfect understanding of the export control regulations and international sanctions within the company
The export control regime and the respect of international sanctions imply for companies exporting internationally to comply with various European and International legislations with extraterritorial effect that are constantly evolving and multiplying.
The implementation of internal procedure for export control and international sanctions
The establishment of a compliance program which includes verifying compliance with export control regulations and international sanctions allows to identify and prevent the risks related to company’s international activity.
The introduction of export control authorization and licensing procedures and license and the respect of international sanctions
The implementation of the regulation on export control requires the obtaining of a prior authorization to export following an initiative launched by the company with the competent authorities. Companies must also, before any business relationship, perform due diligences to ensure that are no sanctions or embargoes affecting the relationship.
Control of the effectiveness of internal procedures regarding export control and international sanctions
The company must ensure the effectiveness and efficiency of its compliance program and the internal procedures resulting from it. This constant evaluation allows for secure and lawful international operations of the company.
Follow-up of the evolution of export control regulations and international sanctions
Due to the increasing multiplication of national, European and International legislations and their extraterritorial effect, the company must monitor the compliance of its activities with these news legislations and the issuance of all new trade restrictions by the authorities.
Respond to non-compliance with export control regulations and international sanctions
If a non-compliance with export control regulation or international sanctions is identified, the company must proactively analyze and implement measures to remedy the deficiency and limit sanctions that may be imposed.
Our way
Support in the implementation of measures to comply with export control regulations and respect of international sanctions through the establishment of procedures and compliance tools.
Expertise in export control regulations and international sanctions
We provide our expertise and advice in assimilation of the national, European and International legislations on export control and international sanctions as well as in the applicability to the company’s activity.
Support in implementing compliance program regarding export control and international sanctions
We have extensive experience in establishing compliance programs and implementing internal procedures that take into account the specificities of international trade.
Expertise in export authorization and license procedures for dual-use and military items
We accompany our client in the actions necessary to obtain prior authorization and export licenses for dual-use and military items from the competent French authorities such as the SBDU. We advise our clients in the due diligences carried out on persons or entities sanctioned by the US OFAC and EU lists in order to ensure compliance with the regulations and to identify a potential risk of sanctions.
The implementation of recommendations to ensure the effectiveness of compliance procedures related to export control and international sanctions risk
We establish recommendations taking into account the company’s international activities and the identified risks in order to enable the effectiveness of the compliance procedures.
Continuous analysis of the evolution of export control regulations of international sanctions
Through a network of trusted partners worldwide, we can assist our clients in tracking national, European and international regulations regarding exports, embargoes and international sanctions in order to provide a complete analysis and to allow a serene activity of the company.
A personalized support in case of identification or risk of non-compliance with export control regulations or international sanctions
We assist our clients following a failure in export control or no compliance with international sanctions and provide our expertise and advice in order to prevent the risk of sanction, to remedy this failure or to respond to an authority’s request.
