Even for businesses that have significant experience with international trade and transactions, the economic sanctions aimed at Russia and Belarus for the invasion of Ukraine came as a jolt. Navigating through the chaos requires quick analysis while avoiding the pitfalls of the past.
Download this article to learn three tips, extracted from interviews with four sanctions lawyers based in the U.S. and EU, to help compliance leaders keep up with new rules as they take shape:
- How to keep up with new sanctions
- Ramp up screening to look beyond the obvious
- Increase third-party due diligence