Sanctions Compliance
What you should know

Sanctions breaches aren’t just fines — they’re existential threats. One transaction can trigger investigations, license loss, and criminal charges.

Why It Matters

  • A leading European bank – $8.9B fine (2014)

  • A major UK-based bank – $1.1B (2019)

  • A prominent bank operating across Europe – $1.3B (2019)

U.S. and EU sanctions now apply globally — even to indirect exposure or USD usage.

Core Requirements

Across jurisdictions, sanction compliance regulations converge around three pillars:

Embargoes – Total trade bans

List-based – SDN individuals/entities

Sectoral – Specific industries (e.g., Russian energy)

Compliance

Strategic Implications

  • Extraterritorial enforcement hits global operations

  • Crypto and dual-use goods now tightly regulated

  • Humanitarian carve-outs are complex but mandatory

Your Leadership Checklist

Implement real-time screening of all counterparties

Apply enhanced due diligence for high-risk countries

Train all relevant teams on red flags and escalation

Monitor updates from OFAC, EU, UN, UK and more

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Want the full picture?

Download our executive guide to sanctions law, enforcement tactics, and global risk exposure.

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