Sanctions grey areas pose challenge for business

Kate Harnett, A&L Goodbody senior associate, told the solicitors’ firm’s summit that Irish businesses are trying hard to comply with the sanctions.

Opaque corporate structures, trusts, share transfers and other transactions can all pose problems for businesses seeking to comply with the law, Ms Harnett pointed out. She acknowledged these may not seem harsh but pointed out that the “sting in the tail” for businesses would be the bad publicity and the damage that a court case would do to their reputations.

Michael O’Kane, partner with London firm, Peters & Peters, argued “you have to ask yourself, if the gardaí came and investigated, have I done everything that the gardaí would do, and a bit more?”.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Sanctions grey areas pose challenge for businessSummit hears that ownership and control remain key issues for organisations seeking to comply with anti-Russian measures
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