In recent years, due to geopolitical crises occurring at their doorsteps, the European Union and its 28 Member States have significantly increased the use of their export controls and sanctions tools, adopting them much more frequently than before and extending their scope of material and geographical application. As a consequence, companies operating internationally are increasingly exposed to the application of various overlapping and far-reaching sanctions regimes. This briefing explores how the legal challenges faced by European companies can become a true corporate puzzle.
This edition of Five Minutes On... is the second in a series designed for companies doing business across borders, providing counsel an overview of a complex topic in a format that allows rapid assimilation. Future editions will cover EU related topics that are making the headlines from a variety of fields. If you would like to receive future Five Minutes On… mailings, please click here and select “Doing Business in the European Union.”