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UK Business and Government Latest News - On the Grill On the grill providing a news related to the UK government warns, published guidance, financial and economic activities. The government should now make it absolutely clear to companies like G4S that it is unacceptable to participate in Israel’s illegal settlements. On the grill care is needed when doing business in these countries or with people from or connected to these countries.
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On the grill providing a news related to the uk government warns, published guidance, financial and economic activities. The government should now make it absolutely clear to companies like G4S that it is unacceptable to participate in Israel’s illegal settlements. On the grill care is needed when doing business in these countries or with people from or connected to these countries.
Transcript of UK Business and Government Latest News
UK Business and Government Latest News - On the Grill
UK Business and Government Latest News - On the Grill
On the grill providing a news related to the UK government warns, published guidance, financial and economic activities. The government should now make it absolutely clear to companies like G4S that it is unacceptable to participate in Israels illegal settlements. On the grill care is needed when doing business in these countries or with people from or connected to these countries.
Barclays is Under Fire
The British Chambers of Commerce has angrily condemned the move. Paul Wrighting, the BCCs National Trade Services Manager, is investigating whether the move may affect other British companies selling to Sudan which have Barclays accounts.We think its awful that a UK bank is bowing to pressure from the US, "said Mr. Wrighting.Our exporters are having a tough enough time without Barclays closing down accounts "Theres nothing to stop British companies doing business with Sudan, although there are restrictions. If you dont send arms theres no problem.
The consequences of being found guilty of breaching sanctions are serious. A number of major financial institutions have been subject to multi-million dollar fines and settlements with US and UK regulators for sanctions breaches. Insurers are also concerned about the impact of sanctions violations. Loyd's of London has reviewed the issue following suspicions that some members may have breached international sanctions through insurance and reinsurance contracts. In turn, increased pressure is being applied to exporters of products and services to ensure that they do not expose their lenders and insurers to sanctions risks.
Embargoes and Sanctions What International Companies Need to Know
The UK government haspublished guidancewarning businesses about the problems and risks associated with doing business with illegal Israeli settlements and related activities in occupied Palestinian territory, including East Jerusalem. Published on the Israel page of the British Department of Trade and Industry website, the guidance warns that there are clear risks related to economic and financial activities in the settlements, and we do not encourage or offer support to such activity.
UK Government Warns Businesses about Illegal Israeli Settlement Enterprise
Name: Anas Hamed
Phone No.: +562 29488250
Email: [email protected]
Web: http://onthe-grill.blogspot.com
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