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In this update by Amy Worlton, Partner at Wiley Rein LLP, the evolving landscape of economic sanctions is explored, with a specific focus on Iran and Russia. Financial institutions face increasing risks and costs associated with compliance as enforcement mechanisms become more stringent. This analysis outlines the implications of economic warfare on institutional operations and highlights the necessity for banks and financial entities to adapt to changing compliance requirements. For queries, contact Amy Worlton at 202-719-7458 or via email at aworlton@wileyrein.com.
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Sanctions Update Amy WorltonPartner June 20, 2014
Economic Sanctions Update • Economic warfare • Risks and costs for financial institutions • Iran • Russia • Compliance is changing the operations landscape
Amy WorltonWiley Rein LLP 202.719.7458aworlton@wileyrein.com