Which General Prohibition could apply to banks and freight forwarders?

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General Prohibition 7 is applicable to banks and freight forwarders, as it pertains to the prohibition of engaging in activities that may facilitate or lead to the proliferation of weapons of mass destruction. This is particularly relevant for financial institutions and logistics companies because their services can inadvertently be utilized for illegal activities involving the transfer or funding of such arms.

For banks, the concern lies in ensuring that funds are not directed toward parties engaged in the production or distribution of prohibited materials. Similarly, freight forwarders need to be vigilant in shipping practices, ensuring that they do not facilitate the transport of dangerous goods that could contribute to global security threats.

The applicability of this prohibition highlights the importance of compliance and due diligence within these sectors to prevent financing and logistical support for prohibited activities. Understanding and adhering to General Prohibition 7 helps these entities maintain their integrity and adhere to international standards aimed at minimizing risks associated with the proliferation of harmful technologies.

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