With a number of Politically Exposed Persons (PEPs) directives continuing to go into effect worldwide, and fines for non-compliance spiking into the millions, the urgency is high to secure a practical and efficient solution to screen for PEPs.
Balancing the Profit Potential with International Trade
Joe Mallozzi is Vice President, Transportation Management in GLN, B/F, Customs & Regulatory Compliance with Descartes.
Global sanctions policies are in constant flux and affecting global commerce in new ways. The evolving sanctions landscape is prompting companies to seek out new opportunities for growth and to drive profit. With the re-establishment of formal diplomatic ties between the United States and Cuba capturing the media eye, entire industries are intrigued by the prospect of doing business with the island nation. As select travel and communication channels open, visitors to the country are analyzing market and product gaps waiting to be filled.
