by ACSS | May 14, 2022 | Articles
By Tae Young Bae, ACSS Reporter May 14, 2022 Few commentators draw similarities between South Korea and Switzerland. Their cultures, histories and experiences contrast like Alpine cheese and rice cakes. But their similarities run deep in keeping out of potentially...
by ACSS | May 7, 2022 | Articles
By Angel Niño Torres, CAFCA May 7, 2022 China’s anti-sanctions regulations have attracted comments not only for being one of the newest programs but also for the variety of their provisions and the country’s position in the global economy. In my previous...
by ACSS | Apr 30, 2022 | Articles
By David Williams, ACSS Editor April 30, 2022 An Australian company’s settlement with the Office of Foreign Assets Control (OFAC) for more than $6 million is instructive for non-US companies of the financial risks they run in using US banks and currency to settle...
by ACSS | Apr 23, 2022 | Articles
By Robert Sanchez, ACSS Reporter April 23, 2022 Sanctions programs against Russian industries and oligarchs continue to expand in response to the ongoing war in Ukraine. Since February, Russia’s access to global finance has shrunk. In the currency markets, the ruble,...
by ACSS | Apr 16, 2022 | Articles
By David Williams, ACSS Editor April 16, 2022 The temperature for a mid-April evening in Madrid was on the cool side – about nine degrees Celsius (48 F). Inside the venerable Bernabéu stadium, home of the celebrated Real Madrid football club, it was much warmer. Blood...
by ACSS | Apr 9, 2022 | Articles
By David Williams, ACSS Editor April 9, 2022 The owner of a catering company in Verona, Italy made a routine trip to his bank one morning only to discover that his checking account had been blocked and that he had been sanctioned by the United States. Alessandro...
