COMPLYING WITH BLOCKING STATUTES

Threading the Needle to Comply with U.S. Sanctions and Limit Exposure under EU Blocking Statutes

December 6, 2018 9:45am

William Dodsworth
Head of Financial Crime Policy
Barclays (London)

Susannah Cogman
Partner
Herbert Smith Freehills LLP (London)

  • What is the new normal for companies falling into the trap of EU blocking statutes
  • How to respond to EU Member States when extraterritorial sanctions directly or indirectly affect the economic or financial interest of the company
  • How will EU Member States penalize noncompliance and who will be most active?
  • How will damages be calculated?