Caught between Sanctions and Data Protection— What is a Company to Do?

Many companies have found themselves in an awkward position with respect to compliance with trade sanctions and data protection legislation. Specifically, I’m talking about US trade sanctions, which companies operating in the EU are not generally obligated to comply with under EU or national law. However, the US has set such a wide scope of application for the sanctions that even if a foreign company has only the slightest link to the US, it may find itself subject to the regulations set in the sanctions. A company is typically subject to US sanctions if its parent company is from the US or it has US employees.

Source: Caught between Sanctions and Data Protection— What is a Company to Do?

>