Sanctions Enforcement

Are You Leveraging Innovative Tools that Detect Location-Based Sanctions Evasion? Russia’s invasion of the Ukraine has prompted a flurry of sanctions activity in the past few weeks. On March 7th, the Financial Crimes Enforcement Network (FinCEN) issued an alert advising …

A high-profile e-commerce company recently settled with the Office of Foreign Assets Control (OFAC) for violations of U.S. sanctions regimes. While the headlines garner unwanted interest, they also illustrate how far regulatory focus has expanded to include non-financial institutions. As …

Financial institutions (FIs) must devote increasing attention to sanctions compliance as they navigate a shifting regulatory landscape in which guidelines are often challenging. Growing complexity, increasing regulatory rigor and inconsistencies between global governments are raising the bar for sanctions compliance. …