Erik Woodhouse Returns to Crowell & Moring
Deepens sanctions and anti-money laundering capabilities
Erik Woodhouse, formerly the deputy assistant secretary for the Division for Counter Threat Finance and Sanctions at the U.S. Department of State, has rejoined Crowell & Moring as a partner in the firm's International Trade and Financial Services groups. His extensive background in sanctions policy positions him well to bolster the firm's capabilities.
Expertise in Sanctions Policy
Woodhouse brings a wealth of experience from his senior role where he led initiatives to advise policymakers on U.S. sanctions programs. His work involved close collaboration with various stakeholders across the government and private sectors to establish sanctions frameworks. During his time in the Department of State, he directly managed significant aspects of the agency's designation authorities and conducted comprehensive reviews concerning sanctions designations and licensing actions.
Client Advisory and Compliance
In his new role at Crowell, Woodhouse focuses on assisting clients to navigate the complex landscape of U.S. economic sanctions and anti-money laundering regulations. His expertise encompasses conducting risk assessments and advising on corporate compliance programs. He will also guide clients through internal investigations and help them adapt to evolving regulatory requirements.
Growing Demand for Integrated Guidance
As noted by David (Dj) Wolff, co-chair of Crowell & Moring's International Trade Group, "clients are increasingly seeking integrated multi-jurisdictional guidance on their global sanctions risk profile." This need has made Woodhouse’s insights particularly valuable due to his extensive experience and understanding of U.S. sanctions.
Significance of Woodhouse’s Return
Woodhouse's return represents a key move for Crowell, strengthening its advisory team that specializes in sanctions, export controls, and anti-money laundering issues. The firm is recognized for its diverse expertise, which now includes several professionals with strong ties to federal regulatory agencies. This depth of experience positions Crowell to expertly support its clients through the shifting geopolitical landscape.
Supporting Diverse Client Needs
Woodhouse will service a broad clientele ranging from exporters and multinational corporations to financial institutions and investment funds. The firm’s unique cross-disciplinary approach, comprising former regulators and legal experts, equips Crowell to tackle the challenges posed by contemporary geopolitical events efficiently.
Sanctions in Geopolitical Context
Woodhouse highlights that as geopolitical tensions continue to rise, sanctions will play a critical role in international relations. He expresses enthusiasm about reinforcing Crowell’s reputation in this space, particularly regarding trade, regulatory compliance, and enforcement capabilities.
Woodhouse’s Previous Government Experience
Woodhouse has a rich history in public service, having previously acted as a senior advisor and attorney-adviser within the Department of Treasury and the Department of State. He earned his law degree from Stanford Law School and holds an undergraduate degree from Emory University, along with valuable clerkships that helped shape his regulatory perspective.
About Crowell & Moring LLP
Crowell & Moring is an international law firm with a global presence, equipped to help clients navigate complex legal landscapes and capitalize on strategic opportunities. The firm is noted for its commitment to diversity, equity, inclusion, and pro bono work.
Frequently Asked Questions
What is Erik Woodhouse's role at Crowell & Moring?
Erik Woodhouse serves as a partner in Crowell & Moring's International Trade and Financial Services groups, focusing on sanctions and anti-money laundering compliance.
What experience does Woodhouse bring to the firm?
Woodhouse has extensive experience in sanctions policy from his time at the U.S. Department of State and has collaborated with various stakeholders in the private and public sectors.
Why is Woodhouse's return significant for Crowell?
His return strengthens Crowell's advisory capabilities in sanctions and compliance, meeting the increasing demand for integrated guidance among clients.
How will Woodhouse assist clients?
He will advise clients on compliance with U.S. economic sanctions and AML regulations, conduct risk assessments, and guide them through investigations.
What is Crowell & Moring known for?
Crowell & Moring is recognized for its international reach and expertise in regulatory compliance, trade, and litigation while actively promoting diversity and inclusion.
