Tag Archives: ofac

SaaS ISVs: Know your customers or risk going to jail

Many countries have introduced strict “Know Your Customer” laws. The goal is to fight money laundering, identity fraud and to disrupt terrorist financing. SaaS ISVs are now service providers and so will increasingly have to work within these laws. ISVs … Continue reading

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Is jetting to Cuba this summer a bad idea for European SaaS ISVs?

Because PaaS applications and data are “in the cloud” it should not matter where they are. In the real world of laws, borders and trade disputes, however, location still matters. A recent example shows what can go wrong when European … Continue reading

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