Why Sanctions Screening Helps Exporters Prosper
Terrorist financing isn’t always obvious. You might unknowingly do business with its supporters through oversight. Selecting customers that are threats to national security or human rights abusers. I have news for you. This doesn’t need to be the case. My purpose here is to help you avoid regulatory bodies that could disrupt business. Continue if […]
What is Sanction Screening Process?
Financial crimes are multiplying as the business landscape trends towards the digital realm. Another vulnerability is our move away from fiat currency. Sanctions breaches, whether intentional or otherwise, are exposing owners to higher risk. That’s the bad news. But the good news is that you can prevent this event. Reviewing global sanctions lists is one […]
What are the Penalties for Violating Export Control Laws and Regulations
“Those vials wouldn’t happen to contain bubonic plague would they?” asked the security official. “O no sir, they are just regular diseases,” replied the college professor. Back in 2003, a teacher at Texas Tech University was subject to criminal penalties for lying about vials from Tanzania. His willful violation resulted in 2 years of prison […]
Export Restrictions to China: A Primer
Entrepreneurs have always desired to open up new international markets. But trading with nations under sanctions adds red tape. In 2020, we shipped $124.5 billion worth of goods to China. This was a 17% increase from the previous year. Since then, our business dealings with the nation have only grown. By the end of this […]
Sanctions Screening: Definition, Importance, & Risks
Discover the definition, importance, and risks of sanctions screening in this informative article.
Leveraging external experts and consultants to support sanctions compliance efforts and build internal capacity?
Discover how leveraging external experts and consultants can enhance your organization’s sanctions compliance efforts and help build internal capacity.
Trends and developments in the sanctions compliance landscape?
Discover the latest trends and developments in the sanctions compliance landscape.
Managing the risk of “de-risking” due to sanctions compliance concerns?
Learn how to effectively manage the risk of “de-risking” caused by sanctions compliance concerns.