The United States continues to use economic sanctions and embargoes to limit trade with countries, entities, and individuals that are deemed to pose a threat to US national security. Yet the sanctions maintained by the US government can change quickly. In recent months, there have been important changes announced to US sanctions on Cuba, Iran, Russia, Sudan, and Venezuela, with discussion of extending existing sanctions and imposing new sanctions elsewhere.
The changes to US sanctions mean that a transaction permitted one day may be prohibited the next. In this webinar, you will learn more about the current landscape, including possible business opportunities that are available in countries subject to US sanctions. In particular, you will learn about:
- The primary US sanctions laws and regulations
- Penalties and recent sanctions enforcement action
- Key compliance challenges, such as Specially Designated Nationals, facilitation and the export of services, and the fluidity of current sanctions on Cuba, Iran, Russia, and Venezuela
- Compliance best practices to prevent and detect violations