Overview
(September 21, 2020, London) — Members of Steptoe's international sanctions team contributed to the first edition of Global Investigations Review's "The Guide to Sanctions." The guide provides an overview of regimes around the globe and tips on how to navigate them. It details sanctions programs, best practices for sanctions compliance, enforcement cases, and the challenges created in corporate transactions and litigation by sanctions laws.
Nick Turner, of counsel in Steptoe's Hong Kong office, served as co-editor of the guide and co-authored the introduction. Four additional Steptoe lawyers contributed to the following two chapters:
- Export Controls in the United States – In this chapter, Steptoe partner Meredith Rathbone and of counsel Hena Schommer provide an overview of the US export controls regimes, with a focus on the Export Administration Regulations.
- Sanctions and Export Controls in the Asia-Pacific Region – In this chapter, Turner and Steptoe partners Wendy Wysong and Ali Burney describe the sanctions and export control risks for business transactions in the Asia-Pacific region and share best practices for managing these risks.
Steptoe has extensive knowledge of the regulations implementing each current sanctions program as well as those that have been in force during the last three decades. The firm's current and historical depth is central to advancing clients' interests because the interpretation of each sanctions regime depends on the foreign policy context in which the embargo is formulated, as well as the accumulated experience of US regulators in administering embargo programs. The Steptoe team is very familiar with the statutory framework, executive orders, regulations and case law of the Trading With The Enemy Act, International Emergency Economic Powers Act, UN Participation Act, National Emergencies Act, the Anti-Terrorism and Effective Death Penalty Act, and various "specialty" statutes directed at sanctioned countries and entities.
About Steptoe
In more than 100 years of practice, Steptoe has earned an international reputation for vigorous representation of clients before governmental agencies, successful advocacy in litigation and arbitration, and creative and practical advice in structuring business transactions. Steptoe has more than 500 lawyers and other professional staff across offices in Beijing, Brussels, Chicago, Hong Kong, London, Los Angeles, New York, San Francisco, and Washington. For more information, visit www.steptoe.com.
