Export control & International sanctions
Export control regulations and compliance with international sanctions are major issues for companies, notably for those operating in certain sectors and/or globally.
The field of international sanctions is another complex challenge that companies face in international trade as they involve compliance with restrictive measures imposed by 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 or regarding specific industry sectors.
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 implementation of a compliance program which includes verifying compliance with export control regulations and international sanctions allows to identify and prevent the risks related to the company’s international activity.
The introduction of export control authorization and licensing procedures and license and the respect of international sanctions
The compliance with export control regulations requires, for designated goods/services/technologies, obtaining prior authorizations to export. The company must contact the competent national authorities to be granted such authorizations. Companies must also, before contracting with an entity, perform due diligence to ensure that no sanctions or embargoes affect the business 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 internal procedures resulting from it via audits for instance. 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 authorities.
Respond rapidly to the discovery of non-compliance with export control regulations and international sanctions
If a non-compliance with export control regulations or international sanctions is identified, the company must proactively analyze and implement measures to remedy the deficiency and limit sanctions that may be imposed by authorities.
Our way
Support in the implementation of internal procedures in this area, the filing of license applications, or when non-compliance with applicable regulations is discovered.
Expertise in export control regulations and international sanctions
We provide expertise and advice in understanding French and European legislation on export controls and international sanctions.
Support in implementing compliance program regarding export control and international sanctions
We have extensive experience in establishing compliance programs and implementing export control and international sanctions internal policies.
Expertise in export authorization and license procedures for dual-use and military items
We support our clients in obtaining prior authorization and export licenses for dual-use or military goods from the relevant French authorities, such as the SBDU.
Ongoing analysis of developments in export control regulations and 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 enable their business to run smoothly.
Personalized assistance in case of identification or risk of non-compliance with export control regulations or international sanctions
We assist our clients in finding the most appropriate response to the discovery of an export control failure or non-compliance with international sanctions, and provide our expertise and advice to prevent the risk of sanctions, remedy the failure or respond to prosecution by an authority..
