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If it's possible to accidentally pay north Korea that should be the fault of whatever financial institution (which is held to far more KYC and AML than animator
by beaeglebeachh 2y ago
If it's possible to accidentally pay north Korea that should be the fault of whatever financial institution (which is held to far more KYC and AML than animators) caused that to happen, presuming it went through the financial system. HBO likely had no mens rea beyond cash flow out animation flow in.
If I can't trust the bank to know more about the UBO of some rando after KYC what the hell are we doing this for?
- acdha 2y agoThat’s kind of the point: these companies are using outsourcing to avoid the expense of obligations they would have if they did things in house. It’s the same way we end up seeing workers being mistreated or placed in risky situations on behalf of major American companies who would never risk that in a domestic factory with their name on it. A good outcome of this would be more restrictions on outsourcing to China since it’s been repeatedly shown that they will not maintain meaningful restrictions on North Korea, Russia, Iran, etc.: > All three cities are known to have many North Korean-operated businesses and are main centers for North Korea’s IT workers who live overseas.
- beaeglebeachh 2y agoHell don't stop there. You pay HBO for a subscription? Sanction violation, should have known, straight to jail.