About the Book
The book "Navigating Sanctions Risks for SMEs in International Trade" provides a comprehensive overview of the challenges faced by small and medium enterprises (SMEs) in complying with international sanctions. It begins by defining sanctions and exploring their various types, emphasizing their significant impact on SMEs. The importance of compliance is stressed throughout the book, with a specific focus on Know Your Customer (KYC) practices and Anti-Money Laundering (AML) laws. The author highlights the consequences of non-compliance and emphasizes the need for SMEs to thoroughly understand their supply chains and implement due diligence measures. The book concludes by summarizing the importance of compliance with international sanctions, offering practical tips for SMEs to navigate these risks, and calling for action to prioritize compliance.
