Sanctions and Export Controls
Our Sanctions & Export Controls Team provides assistance to businesses in all sectors, helping them identify, assess and address sanctions risks, implement sanctions compliance programs and liaising with relevant authorities.
We offer a multijurisdictional advisory service to assess a company's collective sanctions risks from the perspective of US, UK, UN, EU and Norwegian sanctions. We understand that the legal framework on sanctions and export controls is highly complex and rapidly changing. Many different sanctions regimes and several potentially relevant sanctions authorities must be considered by businesses with international operations. Non-compliance with relevant sanctions and export control regimes can have serious consequences.
Our team provides a combination of broad sector and legal expertise, as well as practical experience from roles as in-house counsel and with public authorities, to provide practical advice on how to identify and mitigate sanctions risks.
Our lawyers have practical and comprehensive experience that positions us to help our clients navigate the most challenging issues within trade compliance. We provide advice to companies of all sizes, in a number of jurisdictions and across a range of sectors, supporting them in the identification and management of risks related to trade compliance and sanctions.
We offer
- Comprehensive advice on all matters relating to sanctions and trade compliance
- Multijurisdictional advice – a one-stop-shop for assessing sanctions risks covering US, UK, EU, UN and Norwegian sanctions
- Shipping and sanctions specialists with experience of identifying and handling sanctions risks specific to the shipping sector
- Vessels' trading patterns screening and monitoring, to detect deceptive shipping practices
- Tailormade services for monitoring new developments and updating on relevant sanctions developments
- Advising on sanctions risk exposure and risk mitigating measures
- Enhanced sanctions screening of counterparties
- Conducting company-wide sanctions risk assessments to identify risks and key controls
- Assessing circumvention risks
- Designing and tailoring sanctions compliance programs
- Performing gap-analyses of existing sanctions compliance programs against best practises
- Providing training on sanctions and export control legislation
- Assisting with licence applications and requests for guidance from sanctions authorities
- Investigating potential violations of sanctions
- Liaising with relevant sanctions authorities in connection with potential enforcement cases
- Drafting sanction clauses and providing contractual mitigation
- Acting as counsel or experts in sanctions-related disputes and arbitrations
- Conducting and responding to due diligence or sanctions risk assessments in M&A activities
- Providing assistance in civil or criminal proceedings relating to (actual or potential) sanctions violations
Sanctions Alerts
We also issue WR Sanctions Alerts, in which we provide updates on material developments in sanctions regimes implemented by the US, UK, UN, EU and Norway.
Would you like to receive WR Sanctions Alerts?
See our other Compliance areas
Compliance Update
In our Compliance Update we provide our readers with information and updates on current topics in ethics, compliance and crisis management. Enjoyable reading!
Contributors to Chambers and Partners Practice Guide on Sanctions
Tine Vigmostad and Håkon Stalheim Meldahl from our compliance team have written the Norwegian chapter in the Chambers and Partners Sanctions 2024. The guide provides an overview of the sanctions in Norway, including an overview of regulatory field and recent and future legal developments.
Legal 500:
“The firm’s sanctions offering, hailed by clients as ‘by far the best in Norway’, has recently seen further increases in sanctions and export control-related instructions, a core area of expertise for the firm”
