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U.S. secondary sanctions and their impact on non-U.S. banks
The consisted of two parts: $400 million in principal held in a Foreign Military Sales (FMS) trust fund and roughly $1.3 billion in accrued interest; the principal came from the FMS Trust Fund and the...
Yes — can and do lend to foreign small enterprises, but that ability is governed by a mix of federal supervision, state rules, tax and treaty considerations, and bank risk-management and reporting obl...
Non‑U.S. banks face a real legal collision when domestic authorities order asset freezes that may conflict with U.S. blocking obligations under OFAC: the institutions manage this by layering risk asse...