A denied party can be located:

A denied party can indeed be located both within the United States and outside of the United States. In international trade and export control contexts, denied parties refer to individuals, companies, or entities that are prohibited from receiving certain exports, technology, or financial services due to regulations set by governments. These regulations can apply globally, meaning denied parties can exist in any country, not just limited to the US.

Therefore, awareness of denied parties must encompass a comprehensive understanding that these entities can originate from anywhere in the world, impacting transactions and trade practices irrespective of geographical boundaries. This aspect is especially crucial for businesses engaged in international operations, as they must ensure compliance with export control laws that apply to all countries involved in their operations.