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SPACs And Sanctions: Due Diligence Considerations - International Law

Venmo Placing Hold on Some Payments Referring to Palestinians

Venmo Placing Hold on Some Payments Referring to Palestinians On 5/18/21 at 4:28 PM EDT The popular payment app Venmo is placing a hold on some payments that refer to Palestinians, and some users have taken to social media to share the matter as the violent conflict between Israel and Palestinians continues. A screenshot of an inquiry from Venmo s customer support was shared by one Twitter user who received a $50 donation they said they collected for Emergency Palestinian Relief Fund. A Venmo representative said the platform is trying to understand the reference to Palestinian Relief Fund. Anyone want to guess why @Venmo is asking for a detailed description of the purpose of payment for a donation I collected from a friend named Palestinian Relief Fund ? Twitter user @princessmlokhia addressed by Venmo as Blake wrote with the screenshot. Can we not even provide for our besieged people without being accused of terrorist support?

Myanmar Sanctions And Export Controls - International Law

To print this article, all you need is to be registered or login on Mondaq.com. The Biden Administration has been quick to respond to the unfolding situation in Myanmar (also known Burma): a day after the military, known as the Tatmadaw, seized control of the country s government, the State Department declared the actions a coup d état, resulting in a cutoff of many categories of foreign assistance. Other sanctions followed soon after. As a result, both new economic sanctions and export controls restrict-currently only in targeted ways-US trade with Burma. New Sanctions In particular, on February 11, 2021, President Biden signed Executive Order on Blocking Property with Respect

Ransomware As Reminder: Back To Basics Of Cyber Readiness - Technology

To print this article, all you need is to be registered or login on Mondaq.com. Despite the unique threats posed by ransomware, basic cybersecurity measures and a strong cyber risk reduction strategy remain the most valuable tools to prevent an attack and shape a strong response if (or when) one happens. Here s five tips to get started. The growing threat from ransomware is forcing organizations to re-think their cyber risk mitigation strategy. As private organizations and governments look ahead to 2021 and the risks they face in an increasingly uncertain world, ransomware will no doubt rank high on any list. Ransomware attacks involve the use of

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