Faced with the growing complexity of the geopolitical landscape, governments have been using financial sanctions increasingly as foreign policy tools to respond to developments as wide ranging as regional conflicts and wars, terrorism, and human slavery. In today’s highly charged geopolitical environment, sanctions compliance is a focus not only for financial institutions and regulatory authorities, but also for investors, the media and the public. It is critical for financial institutions (FIs) to assess their exposure to sanctions-related risks and the adequacy of their control systems, both to avoid fines and penalties and to safeguard the institution’s reputation.

This whitepaper explains how organizations can stay ahead of regulatory expectations and enhance financial compliance with robust sanctions risk assessments.