Shahab Wahdatehagh’s Post

Are you meeting your regulatory requirements today? The US is expanding sanctions against secondary companies. It is now a higher risk than anytime since the Cold War to break sanctions rules. #RegulatoryCompliance #Sanctions #RiskManagement

Is It Possible to Predict #sanctions for 2024? Yes, Quite Easily In this article, you can read 👓 : ❌ What will possibly happen on February 24, 2024 ✖ That according to the author of this article, the European Union has currently blocked 335 legal entities and 1,645 individuals in connection with the Ukrainian conflict. This does not include assets subject to sanctions under the “50% and control rule ” – subsidiaries, branches, etc. Other initiators of sanctions (USA, UK, Canada, etc.) have blocked a comparable number of Russian individuals, although their lists do not always coincide. https://lnkd.in/eBADAB_t #sanctionscompliance #exportcontrols #compliance #tradecompliance

The Office of Foreign Assets Control and Bureau of Industry and Security recently released new sanctions and export controls intended to further target Russia and Belarus, as well as those who transact with sanctioned entities and create diversion risks for export-controlled items. In their latest post, Michael Lowell, Lizbeth Rodriguez-Johnson, Paula Salamoun, Justin Angotti and Kirsten Lowell breakdown what these new restrictions entail. #Russia #Belarus #sanctions #exportcontrols #OFAC #BIS

🚩 WR Sanctions Alert: In a newsletter Tine Vigmostad and Hanne Rustad Gundersrud sums up what you need to know about the EU´s new framework of restrictive measures in response to Russia's destabilising activities and the UK's new framework for enforcement of trade, aircraft and shipping sanctions. Read more here; https://lnkd.in/d2rB8n-S

In the past year, the United States has imposed sanctions on over 3,500 individuals and entities in more than 12 countries. These measures have had a significant impact, as banks were forced to pay $1.5 billion in settlements with the US Treasury for sanctions breaches in 2023. It's clear that these sanctions are having a major impact on the global financial landscape. This major shake up is only expected to increase as the West seeks to manage other conflicts (for example the Middle East) using economical pressure. https://lnkd.in/d3W6WwNe

The sanctions are likely to have a significant impact on Pakistan's economy and trade relations. As a compliance professional in the financial industry, it's crucial to stay updated on such developments to ensure your organization remains compliant with international sanctions laws and regulations. To read more about this development, check out the full article here: https://lnkd.in/dv8PeDzP #Compliance #Sanctions #US #Pakistan #IranTrade #RegulatoryUpdate

Interesting Sanctions implications: Multiple effects of Western sanctions are detailed in the article.

Tomorrow, we're releasing our analysis of the Russian foreign interference op and Tenet Media. To get ready, we've removed the paywall from our analysis of Canada's SEMA sanctions. You'll want to read this to understand the issues at stake: https://lnkd.in/g5fXJKWd

Intreresting sanctions implications: An insightful look at the implications of sanctions. With charts and data, this analysis shows what sanctions have accomplished and what they might still achieve.

🇪🇺 The new directive on the violation of Union restrictive measures in the context of the EPPO 👇🏻