Agility Within a Changing Sanctions Environment

Are you able to address the current regulations, understand the 50 Percent Rule, and ensure regulatory compliance?

With governments making greater use of sanctions as a foreign policy tool, many financial institutions have significantly increased resources and focus on sanctions compliance, ensuring they can quickly adapt and manage their exposure to new restrictions.  

Financial institutions of all sizes continue to feel the pressure of the expansive sanctions programs being implemented in jurisdictions across the globe. Institutions continue to work to keep up with frequent additions to lists, while also understanding that sanctions risk is no longer limited to just what appears on a list. Sanctions risk “beyond the list” is becoming increasingly prevalent with the so-called 50 Percent Rule, the utilization of sectoral sanctions, and the increased regulatory emphasis on the networks surrounding sanctioned actors. From validating the identities of various individuals and corporates to unraveling complex ownership relationships and beyond, institutions are at times questioning how to best quickly and efficiently identify and stop sanctioned activity, while ensuring they have accurate, up-to-date data.   

Join this on-demand webinar to better understand:  

• How to reevaluate your screening processes to ensure regulatory compliance
• How to identify and stop the flow of funds to and from sanctioned entities
• Understanding the impact of and adhering to guidance surrounding the OFAC & EU 50% Rules