SPE must comply with all applicable sanction laws, including those of the U.S. and European Union which prohibit personnel and nationals of certain countries (including the US) living abroad, from providing or assisting in the provision of certain services to individuals “ordinarily resident in” an embargoed or sanctioned country.1
For example, under US law, SPE may only provide to members residing in embargoed or sanctioned countries those membership benefits related to information or informational materials or that are otherwise authorized under applicable sanction laws, including regulations administered by the U.S. Treasury Department's Office of Foreign Assets Control, licenses, and interpretations issued pursuant thereto (see http://www.treasury.gov/resource-center/sanctions/Pages/default.aspx)
The list below indicates which membership benefits are permitted under, versus those benefits which SPE may not offer in order to comply with, applicable sanction laws.
There are a number of services/benefits that may be provided to SPE members in US and European sanctioned countries (e.g., Iran, Sudan, and Cuba) because these activities relate to the provision of informational materials and thus are not limited by applicable U.S. and European sanction laws. These permitted services/benefits include:
There are a number of services/benefits that may not be provided to SPE members in US and European sanctioned countries (e.g., Iran, Sudan, Cuba) because there are personnel involved in providing these services who would be in violation of US or European laws. These prohibited services/benefits include:
Additional information on US and European laws regarding this issue may be found at http://www.ustreas.gov/offices/enforcement/ofac/ and http://eeas.europa.eu/cfsp/sanctions/docs/measures_en.pdf
For any questions regarding SPE's membership benefits, please contact Customer Service in the Americas Office in Dallas, USA at +1.972.952.9266, the Middle East, North Africa, and India Office in Dubai, UAE, at +971.4.390.3540 or the Asia Pacific office in Kuala Lumpur, Malaysia, at +60.3.2288.1233