Sanctions

We have market-leading expertise in advising our clients on sanctions. We provide businesses impacted by sanctions with commercially focused advice and support, often in difficult circumstances.

We also represent major commercial companies and businessmen in challenging sanctions in national and EU courts.
  • Profile
  • Experience
  • Key contacts

Financial and trade sanctions are an increasingly common and powerful foreign policy tool. Their implementation exposes businesses and individuals to huge financial, criminal, reputational, political and regulatory risk. Our sanctions team offers an international outlook on the legal and practical implications of sanctions.

As well as advising generally on sanctions interpretation and compliance, we advise on the licensing regimes and have dealt with competent authorities in a number of jurisdictions within EU member states and offshore jurisdictions.

We have also acted for sanctioned entities and individuals in more than 20 cases challenging sanctions in national and EU courts. These cases often involve novel issues of law in a fast-moving and politically charged environment. Several are cited by others in interpreting EU sanctions regimes.

Our experience acting for those targeted by sanctions as well as businesses otherwise impacted enables us to provide our clients with a complete legal and commercial picture when interpreting a sanctions regime.

"An amazing knowledge of sanctions law and a great eye for detail"
Chambers UK 2015

Europäisch-Iranische Handelsbank AG

Representing our client in its legal challenge to sanctions in the General Court and Court of Justice of the EU, resulting in the UK Government changing its licensing policy.

Sanctions challenges in EU courts

Representing various other commercial companies (including National Iranian Tanker Company, Bank Saderat Iran and Persia International Bank Plc), related individuals and other businessmen challenging Iranian and Syrian sanctions in the General Court and Court of Justice.

EU subsidiary of an Iranian bank

Representing our client in a claim for compensation of more than €130 million in relation to EU sanctions against Iran.

Managing director and a former director of a British-Iranian bank

Advising these individuals on their legal challenges to sanctions in national and EU courts. As well as securing the swift lifting of the sanctions, we obtained formal apologies from the EU member state that proposed them.

Russian owned banks

Advising our clients on the effects of EU sanctions in relation to Ukraine.

Iranian, European and Asian banks

Advising our clients on the interpretation of EU and UK sanctions against Iran in relation to existing and proposed finance transactions, including restructuring and acceleration of loan facilities and enforcement.

Iranian, European and Asian shipping companies

Advising our clients on the effect of US, EU and UK sanctions against Iran on their ongoing business operations and sanctions policies and procedures.

International trade union

Advising our client on the potential impact of Iranian and Syrian sanctions on agreements and transactions entered into with various counterparties.

US equipment finance and leasing company

Advising in respect of the sanctions related wording to be contained in various commercial contracts within certain of their joint venture arrangements.

UK hedge fund and Libyan owned UK bank

Advising our clients on complex international issues involving UN, EU, UK, Dutch, Swiss and offshore sanctions against Libya.

Lawyer

Rovine Chandrasekera Managing partner of the Dubai office

T:  +971 4 407 3901
M:  +971 55 899 3951 Email Rovine | Vcard Office:  Dubai

Lawyer

Sue Millar Partner

T:  + 44 20 7809 2329
M:  + 44 7825 625 898 Email Sue | Vcard Office:  London

Latest news & insights

26 Sep 2016

From Insights

Joint Myanmar bulletin from Inle Advisory, Kroll and Stephenson Harwood

In a joint briefing with Washington-based sanctions experts, Inle Advisory and Kroll, our leading Myanmar practice assesses the impact of the future lifting of US sanc..

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19 Jan 2016

From Insights

Iranian sanctions lifted: challenges and opportunities

On 14 July 2015, Iran, together with China, France, Germany, Russia, the UK and the US (with the facilitation of the High Representative of the EU) agreed a Joint Comp..

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01 Dec 2015

From Insights

Iran Petroleum Contract

The Iran Petroleum Contract (IPC) was revealed (in part) at a conference in Tehran 28/29 November 2015. The IPC will draw to an end nearly two decades of a buyback sys..

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13 Sep 2015

From Insights

Iranian oil and gas contracts

Iran is highly interested in attracting foreign investors to renovate its oil and gas industries, as well as increasing its production and oil and gas exports. Western..

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23 Feb 2015

From News

Stephenson Harwood event discusses impact of new Russian CFC rules

Stephenson Harwood LLP hosted a roundtable event focusing on how Russia is introducing fundamental changes to its tax legislation.

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20 Jan 2015

From Insights

Stamping on cancellation schemes in takeovers

We look at the government's recently published draft legislation prohibiting the use of cancellation schemes of arrangement in takeovers.

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21 Jan 2014

From Insights

Ten trends for 2014

We predict the top 10 competition trends for 2014, alongside the election of the new EU Competition Commissioner and the entry into force of the CMA.

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08 Dec 2013

From Insights

Pensions snapshot - December 2013

This edition of snapshot summarises some of the key legal and regulatory developments that occurred during December 2013 in relation to occupational pension schemes.

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11 Nov 2013

From Insights

The EU’s highest court decides two appeals concerning EU sanctions against Iran

We examine the CJEU's judgment in two appeals by the Council of the EU against judgments of the GC annulling asset freezes on two Iranian companies.

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