Sanctions and Compliance Advice

Sanctions and compliance regulations can result in the imposition of onerous restrictions on businesses. This is even more so when dealing with sanctioned countries. Without proper advice, your business may easily be exposed to material risks including criminal liabilities, fines, loss of business, and reputational harm. To this, we should add costs associated with overcoming such risks, which can be difficult to quantify.

 

Elite Pars has a successful practice advising corporations on the economic, financial and trade sanctions regimes of the United Nations, European Union, and United States applicable to Iran.

We offer expert advice on matters relating to sanctions, trade regulations and export controls. Our team provides full legal support on assessing potential risks associated with particular contracts, relationships or proposed counterparts including KYC reports. Our team also provides compliance training to clients. We also advise on drafting compliance policies and assist clients with the implementation of compliance and ring-fencing measures. Upon, unilateral US sanctions to trade with Iran, we also assist clients in managing compliance with conflicting US sanctions obligations and EU blocking statutes.

Elite Pats keeps a close eye and tracks all regulatory developments pertaining to sanctions and international trade with Iran.

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