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Marlies de Waard
Counsel | Lawyer (Advocaat) at De Brauw Blackstone Westbroek | Regulatory & Criminal Enforcement
Marlies de Waard is a legal professional who works as Counsel at De Brauw Blackstone Westbroek, a law firm.3 She specializes in advising clients on economic sanctions, export controls, and other international trade matters.3
Based on her LinkedIn profile, Marlies de Waard is located in Amsterdam, Noord-Holland, Netherlands.1 She has over 500 connections on LinkedIn, indicating a well-established professional network.1
While specific details about her current role are limited in the provided information, her expertise in international trade law suggests she plays a significant role in advising clients on complex legal matters related to global business operations.
It's worth noting that there are multiple professionals named Marlies de Waard on LinkedIn, with at least 9 profiles under this name.2 However, the LinkedIn username "marlies-de-waard-96148b2" corresponds to the Marlies de Waard based in Amsterdam, who is likely the Counsel at De Brauw Blackstone Westbroek.
Highlights
The EU Blocking Statute is notorious for prohibiting EU companies from complying with certain US sanctions, notably against Cuba and Iran. Non-compliance with these sanctions puts EU companies at risk of severe US enforcement measures. However, terminating a contract in apparent compliance with these sanctions more and more often leads to civil claims from affected parties. Not to mention that such termination may qualify as an administrative or even a criminal offence – as is the case in the Netherlands. In its first ever preliminary ruling on the topic, the Court of Justice of the European Union addresses the Catch-22. The Court finds that the termination of a contract in apparent violation of the Blocking Statute does not necessarily need to be annulled if this would have a disproportionate effect on the terminating party. How this will work out in practice remains to be seen, though, and many questions remain – for example, whether any other measures must or may be imposed on the terminating party to satisfy the objectives of the Blocking Statute, including the protection of the affected party's interests.
#sanctions #economicsanctions #sanctionscompliance #blockingstatute
China recently enacted the Countering Foreign Sanctions Law, which aims to protect China's nationals and organisations from discriminatory restrictive measures imposed by foreign countries, such as sanctions and export controls targeting China. It provides for the compilation of a Countermeasure List of parties involved with the enacting of such foreign restrictive measures and some of their affiliates, against which countermeasures can be imposed. These include deportation from China or the freezing of property within Chinese territory. The new law requires the implementation of these countermeasures and prohibits implementation of foreign restrictive measures. This means that international business may again be confronted with conflicting compliance requirements under Chinese and foreign sanctions and other restrictive measures. Curious to learn more about the implications for your business and potential mitigation measures? Check out the article written by my colleagues James Wang and Linxi Zhou and myself, available here: https://lnkd.in/ddVi2Wm.
#china #sanctions #exportcontrols #exportcontrollaw
