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Between a rock and a hard place: How to ensure sanction compliance when operating a facility in a sanctions-targeted country

June 13, 2017
By Simon Hirsbrunner and Alice Lauterjung

The recently reported resignation of cement manufacturer LafargeHolcim’s CEO has thrown a spotlight on the risks of operating commercial activities in countries targeted by economic sanctions. [1] Without drawing any conclusions on the legal qualification of LafargeHolcim’s conduct in the specific circumstances, the following provides an overview of the principal issues at stake in this case. read more…

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 6: Treasury Secretary Steven Mnuchin’s Conciliatory Commitment to the Status Quo, For the Most Part

June 3, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so that compliance professionals can make informed decisions as to the likely positions of the new U.S. administration in the next four years. read more…

Increasingly Complex Iranian Sanctions Regimes Cause Ongoing Complications for Compliance Suites

May 17, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

Since the international community decided to implement a plan to reduce sanctions against Iran, formally known as the Joint Comprehensive Plan of Action (JCPOA), on January 16, 2016 (“Implementation Day”), the European and U.S. regimes have become increasingly misaligned. Not surprisingly, this has led to compliance officers and other professionals having to navigate extremely treacherous waters. In a recent poll conducted by Sanctions Alert, when attendees were asked what the prospects are that U.S. sanctions will be eased in the near future, almost 90% of those polled indicated that this was either “Unlikely” or “Very Unlikely”. read more…

Upcoming Webinars

Essentials: Seven Vital Things Every Exporter (and its Bank) Needs To Know About Sanctions and Export Controls

Date:  Thursday, September 07, 2017 Time:  12:00 PM - 01:15 PM EST Export controls and trade sanctions seem to keep changing.  Yet some of the fundamentals remain the same.  This live webinar from the popular SanctionsAlert.com Essentials Series will cover the seven vital things every exporter needs to know about sanctions and export controls. It will also address what your banks are (or should be) considering when they decide whether to accept (or block) payment for an export transaction or agree to finance an export transaction. Questions this webinar will address: What do you need to know when you are engaging in an export? What does a bank look for when deciding whether to accept (or block) the payment? What does a bank consider before agreeing to finance an export transaction? Have there been changes regarding export documentation requirements that may affect...
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