Allen & Overy’s expert team advises on investigations relating to sanctions, international trade and investment compliance around the world.
Economic sanctions often evolve or are mandated at short notice, creating a challenge for companies wishing to ensure compliance. Violations can lead to substantial risks, including criminal liability, fines, penalties, loss of business and reputational harm. We support companies facing investigation or prosecution and those working to ensure adherence throughout their operations and in their transactions.
For companies facing sanctions investigation or prosecution, A&O’s experienced litigators, including many former government litigators, can defend and navigate proceedings in the EU, Asia, the Middle East and the U.S. We represent clients from a range of sectors, including advising:
- A global financial institution in relation to a criminal investigation conducted by the Belgian authorities into the alleged handling of Libyan assets in breach of UN, EU and US sanctions rules against Libya.
- A company active in the distribution of insulation materials on their compliance with anti-bribery, anti-corruption and international sanctions and embargoes from an EU and U.S. perspective.
- An international oil and gas major in relation to EU/U.S. sanctions litigation and investigation involving one of its Asian subsidiaries.
Cross-Border White Collar Crime and Investigations Review
An annual report that analyses the latest developments, and highlights the most significant current and emerging issues that white collar crime and investigations in-house counsel should prioritise in the year ahead.
News and insights
Blog Post: 21 June 2023
The UK government is using the Economic Crime Bill to significantly expand corporate criminal liability through reform of the ‘identification doctrine’. This is the English law rule on how criminal…
Blog Post: 05 April 2023
Updated guidance regarding the enforcement of financial sanctions from the UK’s Office of Financial Sanctions Implementation (OFSI) was published on 16 March 2023. The guidance, which sits alongside…
Blog Post: 20 March 2023
The UK Financial Conduct Authority (FCA) aspires to be a more assertive regulator, promising to intervene more frequently and to test its powers to the limits. It has made progress on this ambition by…
Blog Post: 15 March 2023
Operational resilience is “the one to watch” for 2023. It has been a key focus in the UK for both the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA) for a couple of…