SPE must comply with all applicable sanction laws, including those of the US 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 provide to members residing in embargoed or sanctioned countries only those membership benefits related to information or informational materials or that are otherwise authorized under applicable sanction laws, including regulations administered by the US 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 countries sanctioned by the US and EU (e.g., Iran, (North) Sudan, Cuba, North Korea and Syria) because these activities relate to the provision of informational materials and thus are not limited by applicable US and EU sanction laws. These permitted services/benefits include:
There are a number of services/benefits that may not be provided to SPE members in countries sanctioned by the US and EU because there are persons involved in providing these services who may be prohibited by US or EU laws. These prohibited services/benefits include:
Additional information on US and EU 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 or the Asia Pacific office in Kuala Lumpur, Malaysia, at +60.3.2288.1233
