After the military takeover of the democratically-elected government of Myanmar in February, the Biden-Harris administration has increasingly escalated sanctions on gem trading entities in-country, effectively banning the U.S.-Myanmar trade in gemstones. This webinar will review those sanctions, dig into what they actually mean for the trade, and expand on how sanctions play into a general policy of compliance. If you’ve implemented an anti-money laundering program, this structure will feel familiar, and if you haven’t, you’ll learn why AML and sanctions compliance are the building blocks of responsible sourcing.
