#QuickbiteCompliance day 234
🚦 Sanctions: What You CAN Do vs. What Needs a Pass (License)!
Ever played a game where some moves are free, but others need special permission? Sanctions work the same way! Let’s break down:
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### ⚖️ The Rules
1. ✅ Permitted Without License:
– Humanitarian Aid: Sending food, medicine, or vaccines to civilians .
– Personal Communications: Emails, texts, or calls (non-commercial) .
– Public Info: Sharing news, art, or academic research .
2. 🛑 Requires a License:
– Selling Tools/Equipment: Even farming gear if it could be weaponized .
– Money Transfers: Sending funds to high-risk countries (e.g., for “charity” that’s fake) .
– Time-Limited Permits: E.g., Fuel shipments only allowed in winter for heating .
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### 🕵️ How Bad Guys Cheat
– Fake Invoices: Label weapons as “farm tractors” to use permitted trade lanes .
– Medicine Diversion: Ship real drugs to war zones, but sell them to terrorists .
– Seasonal Scams: Use summer food-export licenses to smuggle tech parts in winter .
> Example: A criminal shipped drones to Country X using a “weather research” permit. When winter ended, the license expired—but they kept shipping anyway 💸 .
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### 💡 Fixing the Gaps with Tech
#InclusiveRegtech (like Mulai Console!) makes rules clear for everyone:
– Open Source AML: Free tools to check sanctions lists (OFAC, UN, EU) in seconds .
– AI Alerts: Spot license-expiry dates or fake trade patterns .
👉 No more “oops, I didn’t know!”
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#Sanctions #FinancialCrime #InclusiveRegtech #OpenSourceAML #Compliance #100HariNulis
Source: [ACAMS Glossary](https://www.acams.org/en/resources/aml-glossary-of-terms)
(Comments? Share how YOU track permitted activities!)