The dynamic nature of sanctions means there are frequent updates ranging from newly sanctioned entities or changes to new embargoes and tariffs put in place.
Accordingly, many new and evolving sanctions evasion attempts are ongoing. To mitigate against the severe consequences that a violation can bring, companies must take proactive and protective measures.
We have previously discussed a range of these deceptive measures and used case studies to highlight how they have been used in avoidance attempts. The severity of involvement in a sanctions breach can be costly, both financially and reputationally.
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