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Page 9 - தடுக்கப்பட்டது நபர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

America and ASEAN: Strong Economic Pressure Can Save Myanmar

  Last week, leaders of the Association for Southeast Asian Nations (ASEAN) held an emergency summit on Myanmar. They charted a way forward while Gen. Min Aung Hlaing sat alongside their negotiating table. Hlaing is the same man who oversaw genocide against the Rohingya, attempted a coup to preserve his privileges as commander-in-chief, and is now presiding over a campaign to terrorize his own people into submission. The fate of Myanmar, though, will not be determined around a table where the people of Myanmar are not represented. Myanmar’s protestors remain resolute in rejecting the military’s attempted coup. Meanwhile, the military has stated that it will only recognize ASEAN’s mediation role once the “situation returns to stability.” As ASEAN clarifies its role, the United States should build a partnership with key member-states, underscoring the risk a collapsing Myanmar presents to ASEAN’s legitimacy, but also the region’s opportunity to respond in ways that en

OFAC Enforcement Actions Highlight Risks to Software Providers & MSBs | WilmerHale

To embed, copy and paste the code into your website or blog: On April 29, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced two settlements of potential civil liability with two companies over their apparent violations of its regulations. The companies, MoneyGram Payment Systems, Inc. (MoneyGram) and SAP SE (SAP), operate in sectors of the economy payments and software that present unique sanctions risks and compliance challenges. The two settlements highlight many of those risks, such as the reliance on third-party resellers, the integration of newly acquired companies, and contracting with the US government. They are part of a trend of increased OFAC enforcement

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