4 ms·
It is more akin to the US Sanctions. You don’t have to abide. If you do trade with sanctioned countries, you should not do any kind of business with the US, or
by gabaix 6y ago
It is more akin to the US Sanctions. You don’t have to abide. If you do trade with sanctioned countries, you should not do any kind of business with the US, or pay a hefty penalty.
Here’s a case example, BNP Paribas dealings with sanctioned countries.
https://www.wsj.com/articles/bnp-agrees-to-pay-over-8-8-billion-to-settle-sanctions-probe-1404160117?mod=article_inline https://www.wsj.com/articles/bnp-agrees-to-pay-over-8-8-bill...