Law supporting the function of providing loans or other financing to businesses or individuals.

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Navigating The Complexities Of Sanctions: Delisting And OFAC Licensing

Sanctions are a powerful tool in international relations, used to influence behavior and enforce policies without resorting to military action. However, the dynamics of politics and global economics are ever-changing, and there may come a time when individuals or entities need to be removed, or “delisted,” from sanction lists. Additionally, engaging in certain transactions might require a special license from OFAC. This article aims to demystify these processes and provide insights through recent case studies.

The United Arab Emirates Exit The FATF “Grey List”: What Are The Tax Implications For Italian Investors In The Region?

The United Arab Emirates authorities have recently received significant recognition from the Financial Action Task Force (FATF) as they have been removed from the so-called “Grey List” for combating money laundering and terrorism financing.