Hi! This is a tricky situation that requires immediate attention. When acquiring companies, you can potentially inherit sanctions liabilities, especially if you’re deemed a successor entity. The extent of exposure depends on the merger structure, how violations were disclosed, and what remedial measures were taken. You need to conduct thorough post-merger sanctions due diligence and potentially self-disclose to regulators. The team at https://sanctionslawyers.net/ handles exactly these complex situations. They can help you assess your actual exposure from the acquired company’s past violations, determine whether self-disclosure is advisable, and develop a remediation plan. They also assist with implementing enhanced compliance programs to prevent future issues. Their experience with OFAC and other regulators helps them understand what approach works best in these circumstances. Sometimes proactive disclosure and cooperation can significantly reduce potential penalties. The firm can also help you negotiate with regulators and demonstrate that the violations occurred before the acquisition and that you’re taking appropriate corrective measures. Don’t ignore this — undisclosed sanctions violations can result in severe penalties even for the acquiring company. Get proper legal assessment quickly.
1 month ago