Sanctions breaches are among the most serious failures a bank can suffer, and the lists change daily. A sanctions program must cover customers, payments, trade and correspondents, and work in real time.
We design or review your program across UN, local, OFAC and EU regimes: the sanctions risk assessment, screening coverage and quality, controls in trade finance and correspondent banking, escalation and decision-making, and reporting to the authorities.
We also train the people who make the first decision on a potential match, because that is where most failures begin.
Why it matters
Sanctions risk assessment
Screening coverage across customers and payments
Trade-finance and correspondent banking controls
Escalation and regulator reporting
How the engagement runs
- 1AssessSanctions risk across products and geographies
- 2DesignPolicy, screening coverage and escalation
- 3TestScreening quality and control testing
- 4TrainFront-line and decision-maker training
What you receive
- Sanctions policy and procedures
- Screening coverage assessment
- Control testing results
- Training for front-line staff
Questions
Which sanctions lists do you cover?
UN, local lists, OFAC, EU and UK, and any others your risk assessment requires.
Do you cover trade-based risks?
Yes, including dual-use goods, vessels and transshipment red flags.
