Sanctions programmes are established and developed as a political response to international relations developments; yet they impose significant obligations on commercial entities in terms of compliance. They may interfere with the performance of pre-existing contracts; and the broadly-framed and ambiguous nature of some sanctions restrictions is such that firms often struggle to place workable limits on their sanctions risks when entering into contracts. This article looks at the steps that firms can take from a contractual perspective to better manage their exposure to EU sanctions developments, and the protections that exist at law.
Please see full publication below for more information.