New economic sanctions on other countries, foreign companies and individuals are popping up everywhere, and general counsel of global companies must be wondering if they should add outside counsel sanctions experts to their speed dials.
After nearly a decade with few sanctions, just since June the U.S. Office of Foreign Assets Control sanctioned the entire government of Venezuela, imposed secondary sanctions on several major Chinese shipping companies for transporting oil from Iran, imposed new sanctions on Russia over chemical weapons attacks and election interference, and sanctioned three North Korea-sponsored hacking groups for malicious cyberattacks.
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