In April 2018, the US sanctioned seven Russia tycoons and their businesses. A month later, President Donald Trump ordered the reimposition of sanctions on Iran, threatening the continued implementation of the 2015 Joint Comprehensive Plan of Action (JCPOA).
In a bid to safeguard their interests, some have sought to conceal sanctioned beneficial owners or establish ostensibly unconnected affiliates. But with the threat of secondary sanctions looming, how can your business protect itself from unknowingly engaging with such counterparties exposed to sanctions?
In this podcast, our experts will bring you up to speed with the key sanctions changes, give insight on the trends we are seeing, and provide real-world examples of how we can help you better mitigate the risks.