In simple terms, "sanctioned entities" refers to individuals, groups, or companies that have been officially punished or restricted by governments or authorities for their actions or behavior.
Sentences with «sanctioned entities»
In complaints filed Tuesday in federal court in the District of Columbia, they accused the companies of laundering dollars through U.S. accounts on behalf of sanctioned entities in North Korea. (fortune.com)
Suspicion stems from a 2012 House subcommittee investigation into Huawei's and ZTE's dealings with sanctioned entities in Iran — the latter has been cooperating in the investigation against it and has agreed to pay a record fine. (pocketnow.com)
In this year's survey, reputational concern has now become the top reason third parties fail to meet an organisation's standards, overtaking dealing with sanctioned entities, involvement in opaque corporate structures, and exposure to politically exposed persons. (lex-connect.net)