On 9th May, a briefing from Clifford Chance about the anti-boycott regulations which prohibit US companies from complying with some aspects of other countries’ boycotts that the US does not support.  It explains that, historically and to date, the regulations have only been applied to the Arab League boycott of Israel, to US persons and entities, and transactions in US commerce.  However, the article warns that the regulations can catch out unsuspecting companies who do not understand their particular nuances and global reach; and every year, there are non-US branches of US companies, shipping companies, and banks that are charged with violating the regulations.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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