How to Adapt Business to Sanctions and Reduce Risks
FBK Legal’s team has come up with materials helping to adapt business processes and minimise legal risks under the current sanctions restrictions.
Focus areas — hidden risks in transactions with a foreign involvement:
- Dual control. How can a single transaction with a foreign counterparty fall simultaneously under currency regulation and special economic measures?
- The illusion of safety. Why does an official permit for a transaction not guarantee that the payment method itself will pass scrutiny?
- Action plan. Where should you start a comprehensive audit of a contract with a foreign party before you sign and send the first payment?
Learn more:
- Read the material ‘Judicial Practice Development in the Field of Sanctions Regulation’
- Read the material ‘Counter Sanctions and Currency Operations in Russia’
- Open the checklist ‘Counter Sanctions and Currency Restrictions for a Russian Company’
Planning a transaction or payment involving a foreign counterparty? We can help identify the applicable requirements and prepare the legal procedure for executing the operation. Submit a request
