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US sanctions on Singapore-based Alexsong a warning to all firms to stay compliant

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Angela Tan

Angela Tan

Published Tue, Apr 5, 2022 · 09:50 PM

Singapore

THE United States has designated Singapore-based electronics wholesaler, Alexsong Pte Ltd, among those that have breached its sanctions against Russia, a case which serves to remind businesses that they must have robust sanction compliance policies.

Nathanael Lin, partner, shipping and international trade, at Rajah & Tann in Singapore, said the issue of sanctions compliance is not new.

United StatesSanctionsRussiaUkraine

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