Author: Salomé Lemasson 12 April 2022
With sanctions being imposed on Russia following its invasion of Ukraine, Salomé Lemasson wrote about how such actions affect entities, individuals and international businesses.
In an article that was published by LexisNexis, Salomé explains the scope of European Union (EU) sanctions, the United States’ method of creating sanctions and the issues that corporates need to consider.
Her piece details the two-step process that the US uses to devise and impose sanctions and the “50% Rule’’, whereby sanctions can be extended to any property or asset in which someone has a 50% or more interest.
It also outlines how the EU makes decisions on the adoption, renewal or lifting of sanctions.
Salomé's article featured on Lexis Nexis. (Subscription required)
Of Counsel Head of EU Business Crime and Regulatory Practice Group
Salomé works on Europe’s most challenging and significant white-collar and complex crime cross-border cases. She leads Rahman Ravelli’s EU Business Crime and Regulatory Practice Group, representing and advising companies and individuals in high-stakes investigations.