Brussels—Dentons Partner Nadiya Nychay advised the European Commission on the development and launch of the Due Diligence Helpdesk to help European small and medium-sized enterprises doing business in Iran to stay in compliance with EU sanctions legislation. The Helpdesk allows EU-based SMEs to conduct a free online self-assessment to check if their proposed projects in Iran comply with sanctions. It also allows them to run a free-of-charge due diligence check on potential Iranian business partners to check if they comply with sanctions and to identify any potential risks requiring more in-depth due diligence by the Helpdesk.

The helpdesk is available at: sanctions-helpdesk.eu.

As part of the project, Ms. Nychay provided insights into EU sanctions and compliance requirements for EU-based businesses, which were used to create the online assessments. She will also provide ongoing advice as part of the helpdesk.

The European Commission launched the Helpdesk at a webinar on October 6, 2020. Businesses, governments and financial institutions from across European Union attended the launch. As one of the keynote speakers at the event, Nadiya Nychay provided participants with an overview of EU sanctions against Iran.

Based in Brussels, Nadiya Nychay has more than 20 years of experience in international trade law, dispute resolution and regulatory matters. She is particularly well known for advising clients on the practical implications of the EU and UN sanctions on transactions relating to Iran, Syria, Russia, and North Korea. 

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