A Clear-Cut Way to Reduce Penalties

A Clear-Cut Way to Reduce Penalties

By Tae Young Bae, ACSS Reporter January 15, 2022 The importance of performing due diligence to adhere to sanctions regulations cannot be understated. With financial and criminal penalties for violations ready to be imposed by the Office of Foreign Assets Control...
How Effective Licensing Keeps Your Activities on Schedule

How Effective Licensing Keeps Your Activities on Schedule

By Daniel Martin January 1, 2022 There can be a tendency to treat sanctions and export control matters as binary: either the trade or transaction is permitted or it is not. Of course, it is not that straightforward. There is a third category of intermediate activities...
How Hidden Goods Can Jeopardize Your Supply Chain

How Hidden Goods Can Jeopardize Your Supply Chain

By Steve Marshall December 25, 2021 Global trade today presents a myriad of sanctions compliance issues for every participant in the supply chain. Establishing appropriate sanctions compliance programs in financial institutions that are related to global trade...