Navigating The Global Sanctions Landscape In 2023

Over the last two decades, there has been a significant increase in financial sanctions issued globally. However, sanctions remain a complex yet fascinating topic and are an essential tool in the armoury of the global fight against financial crime.

 

The consequences of non-compliance are significant, and the risk exposure for financial institutions is extraordinary, with the financial services sector accounting for 58% of settlement agreements published by OFAC between 2009 and 2021.

In our next Wired-In webinar, Federica Taccogna, CAMS, Managing Director and Co-Head of Financial Crime Practice at Interpath Advisory will delve into the latest avalanche of sanctions while uncovering how poor beneficial ownership of data and challenges determining indirect control contribute to the ineffectiveness of certain sanctions.

Federica will uncover the following: