How do trade sanctions differ from AML sanctions?
AML sanctions ("targeted financial sanctions") block dealings with named persons. Trade sanctions prohibit the export or re-export of specified goods, services or technology to specified destinations or end-users — even if no listed person is involved. Export controls overlap further by requiring licensing for dual-use items based on the item, the destination, the end-user, and the end-use. A single shipment can engage all three regimes simultaneously.