Sentences with phrase «sanctions laws»
"Sanctions laws" refer to regulations or rules implemented by a country or group of countries to impose penalties or restrictions on another country or specific individuals or entities within that country. These penalties or restrictions can include economic measures such as trade bans, financial restrictions, or travel bans, and are usually enacted as a way to pressure a country to change its behavior or comply with certain international standards or agreements. Full definition
If a person doesn't follow the law they are subject to whatever sanctions the law provides after relevant due process.
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a major global payments company in a multijurisdictional internal investigation, voluntary disclosure and settlement with OFAC regarding the company's compliance with U.S. economic sanctions laws involving Iran and other countries;
A major global payments company in a multijurisdictional internal investigation, voluntary disclosure and settlement with OFAC regarding the company's compliance with U.S. economic sanctions laws involving Iran and other countries.
In August 2011, JPMC paid the Treasury Department $ 88.3 million to settle claims that it improperly processed transactions in violation of sanctions laws against Cuba, Iran and the Sudan.
The literature clearly establishes that a legally sanctioned law enforcement system existed in America before the Civil War for the express purpose of controlling the slave population and protecting the interests of slave owners.
President Trump has failed to enforce mandatory provisions of the 2017 Russia sanctions law, Senate Democrats charged Friday in a letter to independent investigators.
But an unintended consequence of the law has been that many states have lowered the rigor of their standards and the difficulty of their tests to avoid sanctions the law imposes on failing schools, a process Secretary Duncan has called a «race to the bottom.»
If the people are legally obliged to nominate a replacement then they are subject to whatever sanction the law provides: from your examples, none at all.
In the US, only about 12 States run court - sanctioned law reporting, due essentially to West winning the competition with courts when it comes to case law publishing.
Similar to banks, brokers and other traditional financial companies cryptocurrency businesses find that they must weed out potential clients that can put them at risk of running foul of AML laws or international sanctions laws.
In 2014, U.S. District Judge Katherine Forrest granted summary judgment to prosecutors» forfeiture request, agreeing that the government had established that the building's primary owners — the Alavi Foundation and a shell company controlled by the government of Iran — had been violating Iran sanctions laws since 1995.
The webinar will address the new responsibilities imposed by Part 504 of the NYDFS Superintendent's Regulations on New York regulated institutions with respect to Bank Secrecy Act, anti-money laundering, and U.S. economic sanctions laws and regulations.
«Huawei complies with all applicable laws and regulations where it operates, including the applicable export control and sanction laws and regulations of the UN, US and EU,» a spokesperson from Huawei told Fortune in an email.
Since at least 2016, U.S. authorities have been probing Huawei's alleged shipping of U.S. - origin products to Iran and other countries in violation of U.S. export and sanctions laws, two of the sources said.
«Our agency will continue to aggressively investigate and uncover misconduct at banks meant to circumvent U.S. sanctions laws — both past and present.»
The financial crime and asset recovery practice focuses on anti-money laundering, counter-terrorist financing and sanctions law, as well as foreign asset recovery litigation.
In addition, the sanctions law of other countries, including the United States, may apply to certain commercial activities by Canadians.
We advise clients on a wide range of aspects of public law, such as public procurement, administrative law, international trade including WTO, the law of the sea, state immunity, treaty law, bilateral investment treaties, sanctions laws and export controls, state responsibility, pollution liabilities of international organisations, concession agreements and piracy.
The penalties for non-compliance with the PCMLTFA and sanctions law are substantial as follows: