Compliance Hotspots: Frenetic Week for Sanctions Lawyers After Ukraine Invasion + DOJ Launches Russia Task Force + ‘Inexcusable’ Discovery Failures in FCPA Trial
Welcome to Compliance Hot Spots, our weekly overview of white-collar, regulatory and compliance news and trends. Russia’s invasion of Ukraine has already had profound geopolitical consequences, and the country’s fiery resistance has rallied much of the world. For white-collar workers and national security lawyers, new sanctions have resulted in many sleepless nights and frantic phone calls over the past week. Today we will see how they manage the crisis. Additionally, President Joe Biden made a few announcements during last night’s State of the Union address with ramifications for the DOJ enforcement regime. Are you attending the ABA White Collar Conference in San Francisco this week? Tell me how it goes and what you hear. contact me at [email protected] and @AGoudsward on Twitter.
Moscow, Saint Basil’s Cathedral in Red Square, Russia. Credit: TTstudio/Adobe Stock
Russian sanctions trigger rush for national security lawyers
It’s been a frenetic week for lawyers specializing in sanctions and export control issues as Russia’s war on neighboring Ukraine has sparked an unprecedented response against an economy the size of Russia.