Sanctions only work when they can be effectively enforced. Especially global Sanctions regimen are hard to track and with that even harder to enforce. With the continuously evolving sanctions against Russia many companies and financial institutions find it difficult to ensure that their business activities are compliant. Fines for non-compliance are high and the reputational...

With the Uyghur Forced Labor Prevention Act (“UFLPA”) coming into effect, alongside of new European legislation, importers and exporters alike will face increased scrutiny with customs officials at US and European entry points. On both sides of the Atlantic multi-agency Forced Labor Enforcement Task Forces are developing strategies and have provided new guidance to importers...