Dear All,

This NTY time article brings the story of US investigation of BNP, a French bank, on the ground of its activity in countries that are blacklisted by the US. Because BNP has operations in the US and is listed here it has to comply with the anti-territoriality laws of the US. Take note – we will discuss these issues in length in class 3.

The article is also illustrative of the role of governments in a global world and the importance of nationality., issues we discussed already and will continue to address throughout the course. BNP solicited the support of the French government.