Act builds on the principles expounded in the Sergei Magnitsky Rule of Law Accountability Act of 2012.
Measures seek to make EAR controls more ‘consistent’ with other countries’.
Move brings an end to requirement that the U.S. veto international financial institutions providing assistance or loans to Burma.
Aim is to ‘provide a more flexible, effective and proportionate set of enforcement measures’.
Download a free sample issue of WorldECR – now available WorldECR issue 52
The WorldECR Awards recognise outstanding achievement by export controls and sanctions professionals. Click to download WorldECR Awards 2016