Stephen Propst helps clients in navigating complex issues under U.S. export control and economic sanctions regulations.
A partner in the Washington, DC, office of Hogan Lovells, he brings industry sector knowledge and a commitment to practical, business-focused solutions to his client relationships. ‘Clients say that Stephen Propst’s “thoroughness is most impressive,” and that “his ability to master the details of a transaction and convey them in writing is top-notch.”’ (Legal 500 US).
Stephen is a recognised thought-leader on economic sanctions issues. In 2011, he published a groundbreaking legal analysis regarding the authority of the President to modify the sanctions against Cuba. The paper, which was released at a forum at The Brookings Institution and presented to senior government officials, provides the legal analysis supporting President Obama’s historic changes to the U.S. embargo against Cuba announced in December 2014.
Stephen has a wealth of experience advising clients regarding a full range of regulatory issues under the International Traffic in Arms Regulations (‘ITAR’), the Export Administration Regulations (‘EAR’), and the sanctions regulations administered by the Treasury Department’s Office of Foreign Assets Control (‘OFAC’). He has developed and implemented trade compliance programmes, drafted technical assistance agreements and export licence applications, prepared commodity jurisdiction and classification requests, conducted internal compliance reviews, and drafted voluntary disclosures.
Stephen has particular strength in advising telecommunications industry clients, including satellite manufacturers and operators, network equipment manufacturers, and telecommunications service providers. He also works extensively with clients in the areas of aircraft, automotive, software development, chemicals, medical products, and higher education.