Yes, if you are on the board of a company, with wholly-owned subsidiaries in many jurisdictions around the world, even where the local operations are theoretica

Yes, if you are on the board of a company, with wholly-owned subsidiaries in many jurisdictions around the world, even where the local operations are theoretically through local corps with independent management, you absolutely still need to use your control of those subs to take effect of these types of extra-territorial laws (I can't speak specifically to US executive orders though). In the anti-money-laundering world for instance, this is very real. When a person gets sanctioned in parent company, you need to action it all the way down your subsidiaries. If that action is at the root of the company, then all subs get caught. The AML world is even weirder because of the overlapping jurisdictions of you and your banking/money-transmission partners (even if you, yourself, are a bank).