March 10, 2022

The United States, the European Union, the United Kingdom, Australia, Japan and other countries have issued or announced sanctions and export controls targeting Russia and the separatist regions of Ukraine supported by Russia, known as the Donetsk People’s Republic and the Lugansk People’s Republic. The United States took the first step by imposing broad sanctions based on the jurisdiction of the two regions, similar to the existing sanctions on the Crimea region of Ukraine, and followed with additional sanctions targeting the Russian financial system. NATO allies have also announced sanctions – including targeted designations by the UK and a set of sanctions by the European Union – and non-NATO allies have pledged or implemented sanctions. severe in close coordination. As tensions continue to mount, we continue to see more and more sets of tools by NATO countries and their allies to put economic pressure on Russia to defuse the ongoing crisis in Ukraine. and withdrew its army from the Ukrainian borders.

Hear our experts talk about these developments and how companies should proactively assess their exposure to the sanctions and export control measures being discussed.

See the slides (PDF)


MODERATOR:

David A. Wolber is a Registered Foreign Attorney (New York) in Hong Kong and Of Counsel in the Hong Kong office of Gibson, Dunn & Crutcher. He is a member of the firm’s International Trade Practice Group. Mr. Wolber helps clients around the world understand and manage complex legal, compliance, reputational, political and other risks arising from the interplay of various international trade, national security and financial crime laws and regulations. , with particular expertise in advising clients on economic issues and trade sanctions, export controls, foreign direct investment controls/CFIUS, anti-money laundering (AML) and anti-bribery laws and regulations and anti-corruption (ABC).

PANELISTS:

Patrick Doris is a partner in the London office whose practice includes cross-border litigation, cross-border investigations and compliance advice for clients including major global investment banks, global corporations, leading US operators in the financial and global manufacturing companies, among others. He advises clients in the financial industry and others on violations of OFAC and EU sanctions, responses to major cyber-penetration incidents and other matters relating to national supervisory and regulatory bodies.

Christopher T. Timura is Of Counsel in the Washington DC office. He advises clients on compliance with U.S. and international customs laws, export controls, and economic sanctions and represents them before the Departments of State (DDTC), Treasury (OFAC and CFIUS), Commerce (BIS) , Homeland Security (CBP and ICE), and justice in voluntary and directed disclosures, civil and criminal actions, and investment reviews. Working with in-house legal counsel, boards of directors and other company personnel, he helps identify and leverage existing business processes to integrate international trade compliance and the collection, analysis , survey and reporting of CSR-related data across clients’ business operations.

Richard Roder is a partner in the Munich office who was previously seconded to the Washington, D.C. office and has worked with the firm’s U.S. sanctions and export control team and assisted clients in managing the challenges posed by the sanctions discrepancy American and European economic and financial affairs. He advises clients in the banking, insurance, automotive, mining, oil and gas, healthcare and information technology sectors in the areas of sanctions, anti-corruption money laundering and anti-corruption compliance.

Claire Yi is a partner in the Washington, DC office. She is a member of the firm’s International Trade and White Collar Defense and Investigations practice groups. Ms. Yi received her Juris Doctor, magna cum laudefrom Harvard Law School, where she was an editor of articles for Harvard International Law Review. While in law school, she articled for the Compliance and Business Risk Department of the World Bank-International Finance Corporation, for the Office of the Inspector General of the Department of State, and for the Office of General Counsel of the state department.