Overview
Edward J. Krauland represents clients on matters involving US and multilateral economic sanctions, dual use, defense and nuclear export controls, anti-money laundering (AML) compliance, anti-boycott, review of foreign investments in the United States, and government procurement regulations in the cross-border context. His practice includes counseling, compliance work, transactional advice, licensing and opinion work, internal reviews, risk assessments, disclosures, and enforcement actions. In addition, Ed represents both companies and individuals in various de-listing and sanctions relief procedures, including under the Department of the Treasury's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) designations and State Department administered sanctions programs. He has extensive experience dealing with the principal US agencies involved in these matters, including the Departments of Commerce, State, Treasury, Justice, and the Defense Counterintelligence and Security Agency.
Ed also assists in the creation and supervision of the International Law Guides, a web-accessible compliance tool designed to provide corporate subscribers and their employees with detailed information on local anti-corruption laws around the globe.
- District of Columbia
- Hon. Albert J. Engel, US Court of Appeals, Sixth Circuit, 1980-1981
- J.D., University of Michigan Law School, 1980, with honors
- B.A., Princeton University, 1976, with honors
Areas of Work
Representative Matters
- Advised and assisted a US global financial instruments exchange in connection with US sanctions directed at Russia including advice on the scope and application of SSI sanctions on certain Russian financial institutions as members and data recipients of the exchange, assessment of potential infraction scenarios and liabilities, methods to correct and mitigate potential infractions arising from commercial arrangements, negotiating with counter-party Russian financial institutions to resolve disputes over sanctions risks, and enhancing existing sanctions compliance policies and procedures to avoid future infractions.
- Provide US and non-US companies with day-to-day compliance advice and risk assessments for commercial transactions that directly or indirectly involve US sanctions targets, involving all US comprehensive sanctions compliance programs and relating to companies operating in the following business sectors: financial services, technology, data analytics and transmission, energy, transportation, chemicals, industrial controls, manufacturing, automotive, pharmaceutical and medical devices, oil & gas, pipeline, virtual currency, architecture, metals, and construction & engineering.
- Conducted a global audit of Airbus' commercial and defense-related businesses as part of a monitorship requirement imposed on the company in connection with a consent agreement with the US Department of State, Directorate of Defense Trade Controls to settle allegations of export control violations under the International Traffic in Arms Regulations (ITAR).
- Handled disclosures, subpoenas, civil charging and criminal investigation of companies and individuals, including non-US nationals, in connection with various export control infractions under the Export Administration Regulations and the International Traffic in Arms Regulations, as well as economic sanctions infractions under the various Foreign Assets Control Regulations.
- Assisted clients in Buy America Act and Trade Agreements Act compliance, handled disputes over US-origin content requirements under the Buy American Act, and spoken on the elements of US-origin content requirements under these statutes.
- Successfully removed non-US companies from OFAC, State Department, FinCEN, and BIS administered restricted party lists, as well as assisted companies in securing the release of blocking orders on financial accounts held in US financial institutions.
Speaking Engagements
- Panelist on Sanctions Developments, WorldECR Virtual Forum, February 2022
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"Hong Kong-Related Sanctions Under the Hong Kong Autonomy Act and Executive Order 13936 – Legal Frameworks, Risks & Compliance," American Property Casualty Insurance Association Webinar, August 5, 2020
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Seminar, "Current Opportunities and Challenges for Non-US Financial Institutions in Iran," Association of Foreign Banks in Switzerland, Geneva and Zurich, Switzerland, June 8-9, 2016
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Moderator, "Focus on Iran: Day to Day Legal and Operational Considerations after Implementation Day and What to Expect Going Forward," ACI's Conference on Economic Sanctions Enforcement and Compliance, Washington, DC, April 27, 2016
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Speaker, “US Economic Sanctions Against Russia,” Alaska Bar Association's International Law Section, March 9, 2016
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Moderator, “2015 Developments Regarding Economic Sanctions and Export Controls,” Steptoe Webinar, December 15, 2015
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Speaker, “Iran Sanctions and the Insurance Industry,” American Insurance Association, August 5, 2015
News & Publications
International Compliance Blog
Trump Imposes Novel “Secondary Tariffs” on Countries Importing Venezuelan Oil and Petroleum Products
March 31, 2025
By: Steptoe's Economic Sanctions Practice
International Compliance Blog
Treasury Department Delists Tornado Cash Following the Fifth Circuit’s Decision
March 25, 2025
By: Steptoe's Economic Sanctions and Blockchain and Cryptocurrency Practices
Stepwise Risk Outlook
First Steps Towards Ending the Ukraine War Highlight Difficult Process and Business Risks Ahead
March 5, 2025
By: Melissa B. Mahle
Press Releases
Steptoe Clients KEPCO and KHNP Settle Dispute with Westinghouse Electric
January 29, 2025
Stepwise Risk Outlook
Georgian Dream Puts Breaks on EU Accession, Escalating Geopolitical Risks
December 5, 2024
By: Melissa B. Mahle
Stepwise Risk Outlook
Great Power Competition in the Arctic: Implications for International Trade
November 7, 2024
By: Melissa B. Mahle
Stepwise Risk Outlook
October 17, 2024
Resources
Client Alerts
China's New Blocking Rules May Impact US Sanctions and Export Control Compliance Strategies for Many
February 10, 2021
By: Edward J. Krauland, Bo Yue
Client Alerts
Sanctions Under the Biden Administration: A Return to 'Smart?'
November 24, 2020
By: Edward J. Krauland, Meredith Rathbone, Wendy Wysong, Jack R. Hayes, Evan T. Abrams, Martin Willner, Jordan Cannon (Law Clerk)
Client Alerts
White House Memorandum Sets Out Best Practices for Agency Enforcement Actions
October 9, 2020
By: Wendy Wysong, Edward J. Krauland, Ali Burney, Meredith Rathbone
Client Alerts
Assessing the Impacts of Executive Order 13936 on Hong Kong's Status, One Month Later
August 25, 2020
By: Alexandra Baj, Ali Burney, Eric C. Emerson, Edward J. Krauland, Michelle L. Levin, Patrick F. Linehan, Meredith Rathbone, Wendy Wysong, Martin Willner, Jacob Nelson (International Trade Assistant)
Client Alerts
US to Take Steps to Revoke Hong Kong's Separate Status, Impose Sanctions, Enhance Export Controls
June 1, 2020
By: Ali Burney, Eric C. Emerson, Edward J. Krauland, Darryl Nirenberg, Wendy Wysong
Client Alerts
Commerce Issues Long-Awaited Export Control Rules for China, Russia, and Venezuela
April 30, 2020
By: Edward J. Krauland, Wendy Wysong, Meredith Rathbone, Alexandra Baj, Jack R. Hayes
Client Alerts
US and EU Sanctions Policies on Humanitarian Exports and COVID-19 Relief
April 6, 2020
By: Wendy Wysong, Ali Burney, Edward J. Krauland, Meredith Rathbone, Guy Soussan, Jack R. Hayes
Client Alerts
PdVSA Sanctions Designation Has Significant Implications for US Business
February 14, 2019
By: Edward J. Krauland, Meredith Rathbone, Jack R. Hayes, Evan T. Abrams
Events
Webinars
Possible Sanctions Against Russia: What You Need to Know
February 9, 2022
Speakers: Meredith Rathbone, Edward J. Krauland, Alexandra Baj, Matthew Coleman, Alexandra Melia, Guy Soussan, David M. Stetson
Webinars
2015 Developments Regarding Economic Sanctions and Export Controls
December 15, 2015
Speakers: Alexandra Baj, Jack R. Hayes, Meredith Rathbone, Edward J. Krauland
Noteworthy
- Global Investigations Review, 25 Most Respected Sanctions Lawyers in Washington (2019)
- Chambers Global, Band 1, International Trade: Export Controls & Economic Sanctions, US (2013-2025)
- Chambers USA, Band 1, International Trade: Export Controls & Economic Sanctions, Nationwide (2008-2024)
- Chambers Global, International Trade/WTO: Global (2008-2011)
- Super Lawyers, Washington, DC, International (2009-2021)
- Legal 500 US, "Leading Lawyer," International Trade - Customs, Export Controls and Economic Sanctions (2023-2024)
- Legal 500 US, Dispute Resolution: International Trade (2018-2019)
- Legal 500 US, Litigation: International Trade (2014-2016)
- Best Lawyers in America, International Trade and Finance (2015-2022)
- Who's Who Legal, Public Procurement (2011); Trade & Customs (2018, 2022-2024), International Sanctions (2022, 2024)
- Who's Who Legal, Trade & Customs - International Sanctions, Global Elite Thought Leader (2022)
- Euromoney's Best of the Best USA Expert Guide, International Trade (2022)
- Euromoney's Expert Guide to the World's Leading International Trade Lawyers (2007, 2008, 2010, 2015)
- Editor-in-Chief, Michigan International Law Journal
- President, Michigan International Law Society
- William Bishop Award for Excellence in International Law
Professional Affiliations
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Washington Institute of Foreign Affairs