A recent anti-boycott investigation of the Shanghai branch of a major U.S. bank (the Bank) serves as an alert to branches and subsidiaries of U.S. companies located in China. Foreign branches of U.S. banks may be unaware that complying with boycotts that are not sanctioned by the United States may violate U.S. law. This briefing note covers the key issues raised by the case and provides an overview of the relevant U.S. legislation.
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