Sanctions Intelligence Update: Potential Impacts of Sanctions Legislation Targeting Russia, DPRK, and Iran

Posted on

On August 2, 2017, the President signed the Countering America’s Adversaries Through Sanctions Act of 2017, which calls for an expansion of a wide range of sanctions targeting Russian, Democratic People’s Republic of Korea (DPRK), and Iranian activities. The new legislation reflects bipartisan support for limiting the flexibility of the administration to lift sanctions without congressional review. While the actual implementation of the Act remains unclear, the increasingly complex sanctions environment reinforces the need for financial institutions and multinational corporations to continually assess their exposure to sanctions-related risks. The following analysis of the legislation highlights key new and expanded provisions for sanctions and provides some examples of their potential impact.

Read More