Sanctions
Sanctions is legal restrictions on dealings with specified countries, sectors, entities, vessels or individuals.
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Compliance Practice
UK Financial Firms Improve Sanctions Controls, but Screening and Alert-Management Gaps Remain
UK financial firms have strengthened their sanctions controls since 2022, but weaknesses in customer due diligence, screening, alert handling and frozen-asset management continue to cause…
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Financial Crime
FinCEN Issues Red Flags on IRGC Oil-Sale Networks, Front Companies and Digital Assets
FinCEN has issued a new alert describing how Iran’s Islamic Revolutionary Guard Corps uses oil sales, front companies, financial facilitators and digital assets to evade…
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