Anti-Corruption Compliance Programs

Wednesday, 11 September 2019 by

Formulating policies and procedures is a critical step in building your business. These policies and procedures may be found in an employment manual or a compliance program. Every business and especially those doing business overseas should have an anti-corruption compliance program. This article provides an overview of anti-corruption compliance programs. Anti-corruption programs are quickly becoming part of the compliance landscape for U.S. companies, regardless of size and even those who have little foreign activity.

Комитетом по иностранным Инвестициям США (CFIUS) проводит проверку бизнес транзакций с иностранными лицами на потенциальную угрозу национальной безопасности и технологического превосходства США. США всегда приветствует зарубежные инвестиции, но существуют определенные ограничения на то в какой вид бизнеса зарубежные компании могут инвестировать деньги в США. В этой статье мы рассмотри процедуру проверки транзакций по инвестированию в Американские компании или приобретению Американского бизнеса Комитетом по иностранным Инвестициям США (CFIUS).

If you are a foreign company and have loads of money to purchase a U.S. business, the U.S. has generally welcomed your foreign cash. But there are limits regarding the kinds of businesses foreign companies are allowed to acquire. This article provides an overview of The Committee on Foreign Investment in the United States (CFIUS) and its role in reviewing transactions in which a foreign company is buying an interest in a U.S. company. The number of transactions that have to comply with CIFIUS’s notice requirements has increased significantly in recent years and the trend is expected to continue.

Вторичные санкции

Monday, 26 August 2019 by

Как Американским компаниям и гражданам, так и иностранным запрещено вступать в значительные транзакции с Российскими гражданами и Российскими компаниями, находящимися под санкциями и компаниями в которых пяти десятью и более процентами, обладают лица находящиеся под санкциями. За нарушение санкций на нарушителя могут быть наложены вторичные санкции.

You are a business in the United States, and you are about to do business with a Russian company. Caution! Let’s say you find out that your erstwhile business partner is on the Specially Designated Nationals List (SDN List). Or you find out that your foreign business partner is owned by an individual or company on the SDN List. You need to consult with a sanctions attorney. This article reviews some of the options you have available to you and discusses possible consequences if you are caught violating the sanctions regime.

Секторальные санкции были введены четырьмя директивами, изданными Управлением Казначейства США по контролю за иностранными активами (OFAC). Согласно данным директивам Американским лицам запрещается проводить определенные транзакции (касающиеся займов, инвестиций и торговли) с лицами занесенными в список секторальных санкций. Несмотря на то, что эти директивы распространяются только на отдельные сектора Российской экономики они оказывают огромное негативное влияние на бизнес компаний, занесённых в список SSI.

Sanctions against Russia have put a damper on the enthusiasm of working with Russian businesses. The costs of doing business with Russia may far exceed the benefits because of a web of challenges, including navigating the sanctions regime. In this article, we discuss sanctions against “sectors” of the Russian economy. This type of sanctions applies to companies and individuals in Russia’s financial, energy, and defense sectors. Unlike blanket sanctions against individuals and companies on the Specially Designated Nationals and Blocked Persons List (SDN List), sectoral sanctions are directed at certain sectors.

В серии из трех статей мы расскажем вам о трёх видах экономических санкций (Список SDN, Список SSI, и Вторичные санкции) a так же о том как они влияют на бизнес отношения зарубежных компаний с Россией. В данной статье мы рассмотриваем санкции против физических и юридических лиц, занесённых в список SDN (Specifically Designated Nationals) или так называемый «чёрный список».

As businesses enter global markets, they may fail to recognize risks lurking beneath the surface. The U.S. government employs a range of tools to alter or deter what it views as objectionable behavior. The U.S. government targets not only foreign governments, but also individuals and businesses. We provide an overview of economic sanctions, especially as they affect doing business with Russia. We provide an overview of Russia sanctions against Specifically Designated Nationals known as SDNs.

Small Business Exporters: Looming Risks

Thursday, 28 February 2019 by

Foreign markets offer the allure of 96% of the world’s consumers. Small businesses are keenly interested in export markets. If you are new to these markets, you should familiarize yourself with the resources provided by the Small Business Administration. For the uninitiated, legal dangers lurk under the surface. We have discussed the general regulatory scheme applicable to export controls. In this article, we discuss some common export mistakes that we see exporters make when they attempt to navigate the export controls regulatory landscape without proper guidance.