[Guide]U.S. Advisory on Sanctions Against North Korean Forced Labor
On July 23, 2018, the United States government issued the Advisory on Risks for Businesses With Supply Chain Links to North Korea. The advisory brings attention to evasion tactics used by North Korean businesses, and penalties for companies that violate sanctions under the Countering America’s Adversaries Through Sanctions Act (CAATSA).
What's in This Guidance?
This guidance offers background on CAATSA and how the 2018 advisory affects companies’ due diligence processes. It explains the heightened risk factors for importing merchandise from North Korea and goods made using North Korean labor in other countries.
This guide offers insight on:
- Areas of risk and their potential indicators
- Best practices for due diligence
- Implications and penalties for non-compliance
- …And more!
Download your copy of the guide now!