⛔️ The penalty imposed by the US Treasury on the Indian company Adani Enterprises is bound to become one of the most talked-about administrative investigations the American regulator has ever conducted against a foreign company.

Although Adani is nowhere near the record fines levied on the likes of Binance, UniCredit or BNP, the sum involved is substantial enough to draw attention in its own right.

The Adani case sheds valuable light on the particular character of US enforcement action against foreign violators of American sanctions regimes, as well as on how business—and the governments of the countries in which such firms are registered—tend to respond, writes Ivan Timofeev, Programme Director of the Valdai Discussion Club.

https://valdaiclub.com/a/highlights/america-s-sweeping-jurisdiction-what-does-the-adani

#PoliticalEconomy_of_Connectivity #sanctions

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