19 Mar 2025
🌍Global Magnitsky Act Report and Its Business Implications
Global Magnitsky Human Rights Accountability Act Annual Report
Summary
This notice contains the text of the report required by the Global Magnitsky Human Rights Accountability Act.
Agencies
- State Department
Business Impact
$$$ - High
The report under the Global Magnitsky Act has significant implications for businesses involved in international operations or partnerships, especially regarding compliance with U.S. sanctions. Companies must ensure they do not engage with designated individuals or entities. Failure to comply could lead to legal actions and restrict access to U.S. markets.