Sanctions Advisory

🚨New and updated EU FAQs🚨 Just in time for the peak holiday season and the 26 December 2024 deadline for implementing risk assessments and required controls, the EU Commission has released a new FAQ on due diligence requirements for operators manufacturing and/or trading with CHP (Common High Priority) items, along with an update to the FAQ on Circumvention and Due Diligence requirements. In our latest article, we break down the key takeaways from these updates—read it now to make sure you’re up to date! #SanctionsCompliance #RiskAssessments #EUSanctions #DueDiligence

Sanctions enforcement has been ramping up globally in 2024, with heightened scrutiny on violations across Russia, Iran, and China. The US and EU countries are leading the charge, issuing significant fines and penalties. Businesses must now prioritize proactive compliance to avoid costly consequences as regulations evolve. How can your business stay ahead? Preparation is key. In our latest article, we break down the enforcement landscape, highlight key trends, and provide insights on navigating evolving sanctions in the time ahead. #Sanctions #Compliance #SanctionsRisk #ExportControls #SanctionsEnforcement

Happy Thanksgiving from all of us at Sanctions Advisory! Thanksgiving is a time to reflect on what we’re most grateful for, and at Sanctions Advisory, we have so much to appreciate. From the trust of our clients to the collaboration within our team, this season reminds us of the value of connection and community. This week, our Norway office celebrated by attending the AmCham Norway Thanksgiving charity dinner in Oslo—a wonderful evening dedicated to giving back. Meanwhile, our Denmark team is marking the holiday tonight with a traditional Thanksgiving dinner, bringing colleagues and friends together in the spirit of gratitude. As the year comes to a close, we’re especially thankful for our incredible clients, partners, and colleagues who make our work so meaningful. Wishing everyone a joyful Thanksgiving and a happy holiday season ahead!

Are you concerned about what Trump’s Presidency could mean for your company and how to navigate sanctions in the years ahead? We’re here to guide you. Through the end of the year, we’re offering exclusive Horizon Scanning Roundtables focusing on the impending changes from Trump’s Presidency for the future of US sanctions and export controls. More than just explaining that the law gives the President wide discretion to enact radical sanctions and export control changes, our sessions focus on the political dynamics and strategic shifts that will shape the sanctions and export control landscape, providing insights tailored to your business needs. Led by Tyler Nielsen, our CEO and former US sanctions policymaker, these sessions will dive into key questions: 🔹 What shifts might we see in US sanctions enforcement and packages? 🔹 Could existing sanctions be rolled back or new ones introduced? 🔹 How might changes impact international relations with other countries? 🔹 What proactive steps should your business take now to stay ahead? 📅 Limited time available before the end of the year. Don’t miss out—reach out to us today to book a session for your company. 📩 Contact us: Denmark: danmark@sanctionsadvisory.dk Norway: norge@sanctionsadvisory.no Finland: suomi@sanctionsadvisory.fi Sweden: sverige@sanctionsadvisory.se International: international@sanctionsadvisory.dk #SanctionsCompliance #HorizonScanning #USPolitics #RiskManagement #Sanctions

🇺🇸Sanctions and the Next Trump Presidency Today's election results mean big changes in U.S. sanctions policy are on the horizon. A new administration with sweeping control over policy will reshape sanctions and export controls, creating an unpredictable environment for businesses. 👉 Read our latest insights on how to strategically prepare your business for this next chapter in U.S. sanctions #Sanctions #USElections #SanctionsCompliance

Introducing Our Industry-Specific Due Diligence & Risk Assessment Questionnaire and Checklist! Have you read our guide on conducting a thorough risk assessment but still aren’t sure what steps to take? With less than 2 months until regulators come knocking for your risk assessment and control measures, and with the uncertainty on how sanctions policy will play out following the upcoming US election, we’re excited to share our new Industry-Specific Due Diligence Questionnaire and Risk Assessment Checklist—tools to help you gather and evaluate the critical information needed for effective sanctions risk management. Reach out to discuss how our tailored approach can strengthen your organization’s risk management efforts!

Is your compliance framework keeping up with today’s fast-paced regulatory landscape?  In the final article of our sanctions risk assessment series, we dive into how to transform feedback into powerful, actionable insights—keeping your framework agile, resilient, and ready for whatever comes next. #Sanctions #Compliance #RiskAssessment #Feedback

It was great to team up with our AmCham partners today as we continue to strive to make sanctions and export controls as easy, efficient, and practical as possible to manage!

What factors contribute to making a control efficient and effective? How can organizations avoid the common pitfalls associated with the misuse of controls? What are some practical examples of effective controls in action? In the third article of our risk assessment series, we dive into the essential task of implementing practical controls to manage sanctions risks—crucial for protecting your business. #Sanctions #Controls #SanctionsCompliance #RiskMangagement #SanctionsRisk #Compliance

PST etterforsker nå 37 saker om brudd på Ukraina-forskriften, og Tolletaten advarer om at norske bedrifter må være svært bevisste på hvem som kjøper varene deres og hvem de egentlig representerer. Tolletaten understreker at norske bedrifter må ha bedre kjennskap til både kunden og varen sin, samt styrke sin forståelse av sanksjonsregelverket og tegn på omgåelse. Dette kunne bidratt til å unngå flere av anmeldelsene som nå etterforskes. Hos Sanctions Advisory tilbyr vi løsninger som hjelper bedrifter å gjennomføre aktsomhetsvurderinger på sine motparter samt kurs som gir den nødvendige innsikten til å forstå sanksjoner og redusere risikoen for å bli utnyttet. Med vår ekspertise sikrer vi at bedrifter opererer i full overensstemmelse med sanksjonsreglene. Kontakt oss på norge@sanctionsadvisory.no