Restricted Parties List
/ˈrɛstrɪktɪd ˈpɑːrtiz lɪst/
Definitions
- (n.) A compiled list of individuals, organizations, or entities that are subject to legal restrictions or sanctions, such as trade bans or export controls.
Companies must screen customers against the restricted parties list before completing international transactions.
Forms
- restricted parties list
Related terms
See also
Commentary
Commonly used in compliance and export control law to prevent transactions with entities barred by regulatory authorities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.