Sanctions busting is serious! Get an expert review of your sanctions practices and minimize your exposure.
Challenge
With dozens of bodies issuing sanctions it is critical for firms to know which sanctions apply to them and how they are implemented.
Fims that fail to be fully sanctions compliant can face huge fines and senior management can also face incarceration
Sanctions: Governance & Effectiveness Assessment
The Sanctions Assessment reviews a firm’s sanctions checks, controls, management and culture. from an employee perspective.
Each Sanctions Assessment report includes:
- Sanctions Risk Heatmap
- Sanctions Best Practices
- Intra-Group Sanctions Benchmarking
Designed with our partners, Jersey headquartered AML, sanctions and compliance experts Baker Regulatory Services (BRS), the Sanctions Assessment utilizes specifically designed Sanctions Questionnaires which are completed by senior staff with sancitons oversight.
The responses to the Sanctions Questionnaires are used to generate a report which includes Sanctions Risk Heatmaps, recommended best practices and, for groups with multiple entities, intra-group benchmarking.