Russian Sanctions Evaluation and Export Compliance Reviews for Pending Transactions:

In 2023 TSI Global Consulting was retained by a large American manufacturer of agricultural parts and equipment to advise on, draft and file for an EAR export license covering exports to the Russian Republic in light of the new sanctions in place that cover all items subject to the EAR. We have advised on and provided “deep screening” on numerous transactions to ensure that our clients are not “caught” unknowingly exporting to criminal procurement networks sourcing clandestinely on behalf of Russian entities.  On several occasions we have had to evaluate Red Flags and in a couple of cases we have had to reject potential transactions based on the excessive risk profiles of parties to transactions.