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Jordan Struggles to Comply with International Sanctions, Experts Say

Non-Compliance with Global Regulations Raises Concerns

Amidst growing concerns over non-compliance with international sanctions, Jordan has come under scrutiny for its inability to adhere to global regulations. The country’s failure to implement effective measures to comply with sanctions imposed by organizations such as the European Union and the United Nations has raised eyebrows among experts.

Sahouri Law Urges Businesses and Individuals to Ensure Compliance

Sahouri Law, a leading law firm in Jordan, is urging businesses and individuals alike to ensure full compliance with international laws and regulations, particularly when it comes to sanctioned countries and Specially Designated Nationals (SDNs). The firm’s team of experts provides advisory services on US, EU, and UN rules, regulations, and sanctions worldwide.

Lack of Understanding and Implementation of Sanctions by Jordanian Businesses

According to Sahouri Law, the lack of understanding and implementation of sanctions by Jordanian businesses is a significant concern. “Many companies in Jordan are not aware of the regulatory framework surrounding international sanctions, which puts them at risk of severe penalties and reputational damage,” said an expert from the firm.

Services Offered by Sahouri Law

To mitigate this risk, Sahouri Law offers a range of services, including:

  • Legal consultancy on internal regulatory matters
  • Strategy development and drafting
  • Advisory services on areas such as:
    • Banking
    • Securities
    • Oil and gas
    • Mining
    • Cross-border commercial transactions
    • Investigations
    • Antitrust matters

The firm’s practitioners have a deep understanding of regulations and sanctions imposed by global bodies, making them well-equipped to guide clients through the complex compliance landscape.

Consequences of Non-Compliance with International Sanctions

Experts warn that failure to comply with international sanctions can result in severe consequences, including:

  • Fines
  • Reputational damage
  • Even criminal charges

Sahouri Law is urging Jordanian businesses and individuals to take proactive steps to ensure compliance and reduce their liabilities.

Get Help Navigating International Sanctions

For more information on how Sahouri Law can help you navigate the complexities of international sanctions, contact us today.