Tuesday 21 May 2019

The Long Arm of OFAC – How US Sanctions Impact Pretty Much Everyone

When you think sanctions, there are a few things that probably come to mind: Iran, North Korea, possibly Russia. You may envision munitions being smuggled in Cold War-era trucks by rogue factions of defunct military groups.  You may think only bad actors such as known terrorists are direct targets of US sanctions, and only companies that operate within the US are subject to sanctions rules. If you think this, you’d be wrong.



source https://blog.amberroad.com/blog/the-long-arm-of-ofac-how-us-sanctions-impact-pretty-much-everyone

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