Hogan Lovells launches Sanctions Navigator toolkit
London, 28 October 2021 – Global law firm Hogan Lovells has launched its Sanctions Navigator solution, a new comprehensive toolkit designed to help clients understand and comply with rapidly changing economic sanctions regimes across multiple jurisdictions.
International sanctions are restrictions imposed by governments on certain types of transactions with targeted countries, persons or activities to achieve specific foreign policy or national security objectives, and can restrict a broad range of activities, including limiting the provision of certain financial services and restricting access to financial markets, funds and economic resources.
The Sanctions Navigator, spearheaded by International Trade partner Aline Doussin alongside our Trade Group leader Beth Peters, U.S. sanctions partner Aleksandar Dukic, and Knowledge Lawyer Andrea Fraser, with support of our International Trade team, provides an overview of key international sanctions regimes, namely the European Union, the United States of America, the United Kingdom, France, and the United Nations.
Key benefits of the Navigator are:
- Understanding and monitoring key sanctions regimes across multiple jurisdictions;
- Helping clients mitigate risk exposure to new sanctions regimes;
- Updating internal sanctions policies and processes as regimes change;
- Using insights to implement sanctions training for in-house teams;
- Proactively managing sanctions exposures and impact to the business.
Content is relevant for the firm’s clients operating internationally across all sectors, as well as businesses which cross jurisdictions and governing bodies, companies looking to grow their footprint globally, and companies in highly regulated industries.
Aline Doussin commented: “International financial sanctions regimes are complicated, varied and in constant flux. Keeping on top of developments is very challenging while breaching the law can lead to significant penalties and reputational damage for companies. Those affected could sit in any sector, from financial institutions, aerospace and defence, automotive, life sciences, to consumer sector clients with global supply chain networks.”
“Our Sanctions Navigator helps clients monitor the changing regimes and opens the conversation for GCs and heads of compliance on the impact of sanctions on businesses and how to mitigate exposure risks.”
For further information on the Sanctions Navigator, click here https://engagepremium.hoganlovells.com/sanctions