Global law firm HFW launches its Global Regulatory Response service for firms in need of urgent advice on responding to the immediate introduction of global sanctions amidst geopolitical conflicts.
Recent geopolitical tensions have driven governments and the EU to adopt sanctions at short notice, targeting vessels and traders of key commodities, as well as banks, insurers and others. The breadth and complexity of sanctions reflects a growing reliance on economic measures to safeguard security in an increasingly volatile environment, which puts pressure on firms’ due diligence and compliance functions.
With many firms having to navigate the introduction of new sanctions at short notice, HFW has launched its Global Regulatory Response service to ensure clients receive emergency legal advice at short notice from the firm’s global network if they find themselves facing new market regulations, unexpected investigations and enforcement action taken by regulators in key business sectors – shipping, commodities, insurance, aerospace, construction and energy.
As a part of the offering, the firm will have designated legal experts available for clients to contact both during and outside traditional business hours.
The service is available for businesses navigating a broad range of urgent regulatory challenges alongside the pressures of sanctions compliance, including:
investigations and enforcement action brought by market regulators and government authorities (including the FCA, PRA, OFGEM, HMRC, OFSI and SFO, as well as equivalent authorities in the US, EU, Australia, Switzerland and elsewhere).
dawn raids connected to competition and antitrust matters.
economic crimes including bribery, money-laundering, fraud, and tax evasion.
The Global Regulatory Response emergency service complements the firm’s pre-existing emergency response service for cyber-related crisis incidents, marine and offshore emergencies, and major incidents in hostile environments arising from casualties, war, terrorism, political risks and kidnappings.
Daniel Martin, Partner, HFW:
“The pace and unpredictability of sanctions today mean businesses can no longer rely on traditional compliance frameworks.
Our Global Regulatory Response service is designed to give clients immediate access to specialist advice, helping them navigate sudden regulatory changes and mitigate the risk of enforcement action in a highly volatile global market.”