Tag: Export Controls
How the BIS and OFAC 50% Rules shape compliance
The Bureau of Industry and Security (BIS) and the Office of Foreign Assets Control (OFAC) both apply a 50% ownership threshold to determine regulatory...
BIS plan could reshape global export regulations
The Bureau of Industry and Security (BIS), part of the US Department of Commerce, is reportedly exploring a new “50% rule” that could significantly...
Making the case: Why it’s time to modernise sanctions screening
Sanctions compliance is becoming harder to manage as geopolitical tensions rise and regulatory pressure grows. Financial institutions are struggling with legacy screening systems that...
Navigating the evolving landscape of sanctions and compliance
In recent years, the international community has intensified sanctions against Russia and Belarus, with the European Union, UK, US, and other G7 countries expanding multilateral sanctions.
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