We provide comprehensive legal guidance to businesses navigating the complexities of international sanctions and trade restrictions affecting operations in Iraq. With a deep understanding of the regulatory frameworks imposed by the United Nations (UN), European Union (EU), United States (U.S.), and Iraqi authorities, we help clients mitigate risks, maintain compliance, and pursue their business goals in an increasingly restrictive global environment.

We assist clients in assessing the impact of sanctions on their operations, including supply chain management, cross-border transactions, and partnerships with foreign entities. Our team conducts detailed risk assessments to identify exposure to sanctions and ensures clients understand the implications of conducting business with sanctioned individuals, entities, or jurisdictions. We also provide strategic advice on managing sanctions compliance in highly regulated industries such as energy, finance, and technology.

Our services include drafting and implementing tailored sanctions compliance programs designed to meet the specific needs of each client. These programs address due diligence requirements, monitoring systems, and reporting protocols, enabling clients to remain compliant with global sanctions regimes. We also assist in preparing license applications to governmental authorities for exemptions or authorizations under specific sanctions programs, facilitating lawful transactions in challenging circumstances.

When sanctions compliance issues arise, we represent clients in regulatory investigations and enforcement actions, including inquiries initiated by authorities such as the U.S. Office of Foreign Assets Control (OFAC), the EU Commission, or Iraqi regulators. We develop robust defence strategies to protect clients from penalties, reputational damage, and operational disruptions. Our experience includes advising on voluntary self-disclosures and negotiating settlements to resolve compliance breaches efficiently.

In addition to regulatory compliance, we guide clients on structuring transactions to minimize exposure to sanctions risks. This includes conducting due diligence on potential business partners, acquisitions, and investments to ensure compliance with international sanctions laws. Our team also provides advice on restructuring business models, supply chains, or financing arrangements to adapt to changing sanctions regimes while maintaining operational continuity.

We offer specialized counsel on sanctions affecting the energy, defense, and financial sectors, addressing sector-specific challenges such as trade restrictions, asset freezes, and financial transaction prohibitions. By staying at the forefront of regulatory developments, we help clients anticipate changes in sanctions laws and proactively adjust their compliance frameworks.

With in-depth knowledge of global sanctions regimes and their implications for businesses operating in Iraq, our Sanctions practice delivers practical, results-driven solutions. We are committed to helping clients navigate these complex challenges, protect their interests, and maintain compliance while achieving their commercial objectives.