Re: Too late, guys
That's because it was cheap PR with no downside: it didn't really have to do anything. This is about reducing its potential liability. In practice, it's kind of difficult to see how the US can stop shipments that can easily be routed through other countries. This is why the US is prepared to abuse the banking system to enforce sanctions extra-territorially. The logical consequence of this, of course, is that at some point parallel banking systems will appear.