Compliance At Peril (Video)

• Published date: 12 September 2023
• Subject Matter: International Law, Criminal Law, Compliance, International Trade & Investment, Export Controls & Trade & Investment Sanctions, Corporate Crime
• Law Firm: Kromann Reumert
• Author: Hans Jakob Folker

Together with colleagues from Fieldfisher we have discussed the evolving Sanctions Enforcement landscape for 2023. Watch the discussions on demand.

The four speakers were partner Hans Jakob Folker and attorney Kristine Hjorth, both from Kromann Reumert, and Fieldfisher partners Vivien Davies and Quinton Newcomb.

In particular, we discussed enforcement trends in the Nordics and the UK. Different legal regimes and different liability norms make sanctions navigation difficult.

We further discussed the adding of sanctions violations to the list of EU crimes, which potentially is a game changer from an enforcement perspective.

With the Russian war machine speeding up, sanctions circumvention has become a growing concern for the EU Commission and the Member States.

The two recent proposals on asset...