Olivier Dorgans

Olivier Dorgans is a Counsel within Hughes Hubbard’s Sanctions, Export Control & Anti-Money Laundering practice group.

Olivier has over ten years of experience and focuses on compliance, global investigations and, more generally, on financial and regulatory crime. His practice covers a wide spectrum of criminal and regulatory issues ranging from economic sanctions and export control rules to the fight against corruption, money laundering and terrorist financing.

Olivier has developed significant experience in internal investigations – notably based on the extraterritorial application of U.S. and U.K anti-corruption, anti-money laundering, and economic sanctions rules – and has advised and represented numerous clients on these matters.

Olivier also assists financial institutions and large industrial groups in designing and implementing global compliance programs. As such, he focuses on providing practical compliance advice consistent with best practices and local regulations. Olivier regularly conducts compliance training, notably on corruption, economic sanctions and money-laundering risks.

Finally, Olivier advises and represents French and European clients in proceedings before various French, European and American regulators.

Prior to joining Hughes Hubbard and Reed, Olivier worked in leading US firms.

Anticorruption and AML-TF Experience

• Assisted a French financial institution and a French defense company following an control conducted by the French anti-corruption Agency
• Assisted a major French defense actor, a large French pharmaceutical group, a French retail and international insurance company in the design and implementation (including related training) of compliance programs
• Assisted a major French defense actor, a public financial institution and several international insurance companies in anti-corruption, AML/FT and economic sanctions risk assessments
• Assisted a German FinTech on French KYC requirements before the French Autorité de Contrôle Prudentiel et de Résolution (ACPR)
• Assisted a French company in the context of an FCPA and French anti-corruption regulation global investigation led by the DoJ with the assistance of the French Service Central de Prévention de la Corruption (SCPC)

Economic Sanctions and Export Control

• Assisted a French SME in the handling of all its contracts presenting ties with Iran following the re imposition of US secondary sanctions
• Assisted a large French public financial institution in general sanctions advice, policies and procedures overhaul, and licensing in the context of EU and U.S. sanctions against Iranian economic interests
• Assisted a public financial institution in general sanctions advice, policies and procedures overhaul for all their export finance operations
• Assisted a mid-size international bank in an Office of Foreign Assets Control (OFAC) investigation into potential violations of U.S. sanctions
• Represented a large French financial institution in the context of a five-year long investigation into violations of U.S. sanctions led by OFAC, the Department of Justice (DoJ), the New York County District Attorney’s Office (DANY), the New York Federal Reverse Bank (NY Fed) and the New York State Department of Financial Services (NYSDFS) and spanning across five jurisdictions
• Advised European, American and Russian financial and industrial companies on the impact of U.S. and EU sanctions against Russian economic on contemplated transactions and joint-ventures

Foreign investments in France

• Assisted before the competent French regulatory authority a foreign investment fund though the acquisition of a French company conducting activities subject to foreign investment authorization regime
• Assisted before the competent French regulatory authority an American company purchasing a French company conducting activities subject to foreign investment authorization regime