The Digital Supply Chain Needs to Include Trade Compliance Systems!
Logistics Viewpoints
JULY 17, 2023
At its heart a GTC is not just a governance tool, it is a critical tool for risk management. Treasury’s Office of Foreign Assets Control (OFAC) 50 Percent Rule imposes sanctions on companies with combined ownership by (“blocked”) parties of 50 percent or more. For example, the U.S.
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