Global trade compliance for travel companies is more complicated than you might think. Travel firms must comply with sanctions, travel bans and visa restrictions. In addition, under certain circumstances they may be subject to US law even if they are outside the United States. Unfortunately, terrorists and criminals target travel companies attempting to launder money and finance terror. As a result, travel companies also must comply with national and international anti money laundering laws. The infographic below outlines some of the key areas of concern. For more information please see Trade Compliance for Travel Companies: Areas Of Risk You Should Know

 

Global Trade Compliance for Travel Companies