Sanctions enforcement: Key update

31st January 2023

This article was first published by the Association of Certified Sanctions Specialists (ACSS). To view the full article please click here.

Andrew Northage, Regulatory & Compliance Partner and Head of International Trade at Walker Morris, is a member of the ACSS Editorial Task Force. In his latest article Andrew provides a key update on sanctions enforcement. The article covers the following topics:

• The position in the UK, US and EU
• Cross-border collaboration
• Key takeaways for business

What’s the point in imposing tough new sanctions without having the enforcement tools to back them up and the capability to deploy the tools available? With Russia’s invasion of Ukraine acting as a catalyst, we’re seeing various concerted efforts to strengthen sanctions enforcement activity. But while increased cross-border collaboration is expected, jurisdictional differences in the approach to sanctions enforcement remain.

To view the full article please click here.

Andrew has previously discussed how the UK’s new strict liability test changes sanctions risk management, and provided his insights on managing sanctions evasion risk from a UK perspective.

How we can help with sanctions enforcement and compliance issues

If you have any queries or concerns, or if you are interested in receiving legal and practical advice in relation to sanctions or any other regulatory and compliance issue, please contact Andrew, who will be very happy to help.