Financial sanctions

Of course it is important. You should consider who and where the goods or services are coming from or going to. It is possible that financial sanctions such as an asset freeze may apply to one of the parties or to the financial aspects of the trade.

Also is important to examine who is shipping the goods, and whether they are being shipped on a sanctioned vessel.

You shall take into consideration whether a designated person is based in a different country to the one you are operating in, but is still subject to financial sanctions in that country. For example, companies from Malaysia, Turkey and UAE are listed under the Iran (nuclear proliferation) regime.