Russia Sanctions – Compliance & Enforcement Risks for Dutch Companies

LinkedIn profile: Erik de Bie

Erik de Bie is an attorney and tax lawyer. He counsels clients in EU trade, customs, VAT and excise duty related matters including litigation. He focuses his practice on developing and implementing saving programs, the impact of restructuring supply chains, export control and sanctions, improving and structuring customs and VAT related compliance, internal reviews, AEO projects, disclosures and limiting risks and liabilities. Erik is experienced in trade, customs and VAT litigation. He has represented many companies before Dutch Tax and Customs Courts, the Dutch Supreme Court, the European Commission and the European Court of Justice. Erik also counsels clients in matters related to Brexit and the anticipated implications of Brexit.

Specialties:

- Customs, VAT and trade law
- European excise duty matters
- Trade, customs and VAT litigation
- Customs and VAT planning
- Export control and sanctions
- AEO (authorised economic operator)
- Setting up and restructuring European distribution
- Dutch car tax (BPM)
- Environmental taxes
- Antidumping proceedings

LinkedIn: Kara Bombach

Kara Bombach assists companies and organizations to lawfully export goods, technology and services around the globe. She places emphasis on helping clients achieve practical, workable solutions to complex regulatory situations arising under anti-corruption and anti-bribery measures (U.S. Foreign Corrupt Practices Act (FCPA) and OECD Convention), export control laws (EAR and ITAR), anti-boycott laws, and special sanctions (embargoes) maintained by the U.S. government (OFAC and other agencies) against various countries (including Iran, Cuba and Russia), entities and individuals. In cases of foreign investment in the United States, Kara advises on the Exon-Florio provisions relating to U.S. national security concerns. She represents companies before the Committee on Foreign Investment in the United States (CFIUS), and also assists clients in mitigating foreign ownership, control or influence (FOCI) as may be required by CFIUS or U.S. national industrial security regulations.

Kara regularly represents clients in matters before U.S. government agencies, including the U.S. Departments of Commerce, State, Treasury and Defense. Kara has significant experience representing individuals and entities before OFAC in delisting matters and challenges to OFAC sanctions designations.

She advises national and multi-national companies (including Fortune® 5) on best practices in the development and delivery of compliance policies and procedures, training, and risk assessments, as well as executing cross-border export, sanctions and anti-corruption due diligence in mergers and acquisitions, targeted internal risk assessments, and compliance investigations.

Kara also counsels international not-for-profit and relief/aid organizations on best practices in economic sanctions, trade, and anti-corruption compliance issues that arise in their global operations, frequently in challenging and austere environments. She has provided legal services to organizations such as Save the Children (US), ONE Campaign, Mercy Corps, the International Committee of the Red Cross, Not on Our Watch/The Sentry, and The Enough Project.

Specialties: Export controls, economic sanctions, antiboycott and anticorruption regulatory compliance.