Russian_Sanctions_Business_Risk_IR_Global_Bacciardi_PartnersIR Global – one of the largest international professional services network in the world, with which Bacciardi Partners is affiliated – has published a very extensive Report on business risks caused by Russian sanctions.
The Report was edited by IR Global Trade and Customs lawyers and contains a detailed overview of the sanctions maintained by the United States of America, Canada, the European Union and, specifically, Italy, the Netherlands, Finland, Poland and Spain.

Bacciardi Partners edited the Italian chapter with a report by the partner Tommaso Fonti, LL.M., head of  International Taxation department and Customs and Transport Law department.

The numerous commodity and individual sanctions imposed on Russia, Belarus, and the disputed Ukrainian provinces of Donetsk and Luhansk by the United States of America, the European Union, Canada and other countries expose companies and individuals, who have economic dealings with the sanctioned territories, to serious and real business risk.

We advise companies and individuals to carefully assess their degree of exposure to the sanctions, the potential effects on their present/future businesses and the measures that can be taken to eliminate or reduce the risks.

The risk is not limited to the loss or interruption of current and/or future business, but also, and more importantly, could face to heavy penal and/or administrative sanctions in case of intentional or unintentional violation of the bans and restrictive measures imposed.

Bacciardi Partners is able to assist you with the professionals of the Customs and Transport Law department and in collaboration with the foreign lawyers who drafted the IR Global Report for their respective countries of reference: Robert B. Silverman for USA; Michael Woods and Gordon LaFortune for Canada; Nico Ooijevaar for the Netherlands; Lauri Railas for Finland; Joanna Bogdanska for Poland; Dolores Aguirre Moran for Spain.

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IR Global Trade and Customs REPORT