Restrictions in international trade, services, and the financial and insurance industry.

In the geopolitical context, embargoes and sanctions serve as tools to limit foreign economic relations with specific countries. Alongside individual sanctions measures such as terrorism lists, there are extensive international restrictions on the import and export of goods, as well as on services and the financial and insurance sectors. Violations of embargoes are subject to fines and even criminal consequences, exposing involved companies to significant financial and personal risks.

The implications of non-compliance with these regulations can be far-reaching and severely damage a company’s reputation, with negative media coverage and the withdrawal of privileged customs benefits like the prestigious Authorized Economic Operator (AEO) status or approved exporter status being possible consequences.

For all matters related to this highly complex field, our renowned law firm offers comprehensive consulting services. Our experienced attorneys with their expertise are at your side, supporting you in adhering to all relevant regulations and restrictions to safeguard your business interests.