The company avoided criminal prosecution but must still pay a hefty fine.
Export controls
Some of the sanctions best practices offered here apply to businesses in multiple industry sectors trying to manage sanctions risks more effectively.
The US has offered some loosening of restrictions for approved entities, but compliance risks linger over safety, sanctions, and other trade-based restrictions.
A new direction of travel has become clearer, which makes anticipating what happens next easier.
The enforcement highlights what a good sanctions compliance program should look like, and shows the benefits of cooperation and remediation.
The plan called for agency heads to review Biden-era AI policies and regulations and revoke any that might impede US innovation in AI.
The bulletin explains the characteristics of financial transactions related to terrorist financing to facilitate their detection, and deflection.
The US is the third largest importer of drugs made in India. But President Trump's tariffs plan could derail bilateral trade ties.