Tag: sanctions compliance

Global sanctions inflation may be easing, but compliance teams should brace for ongoing challenges in 2025. LSEG’s latest Global Sanctions Index (GSI), based on data to March 2025, reveals that while the growth in the number of sanctioned individuals is slowing, broader risk trends—like regulatory divergence and complexity—are likely to persist or intensify.

Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is no longer enough.

WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...

As geopolitical tensions continue to reshape international trade policy, tariffs are evolving from economic instruments into a new battleground for financial crime. According to...

Renewing sanctions and Politically Exposed Persons (PEP) contracts is a critical component of staying compliant in the fast-evolving regulatory landscape. As financial institutions navigate...

In recent years, the international community has intensified sanctions against Russia and Belarus, with the European Union, UK, US, and other G7 countries expanding multilateral sanctions.

As artificial intelligence (AI) continues to transform financial crime compliance, a new industry benchmark is emerging: compliance-first AI. In a landscape where balancing cutting-edge technology...

As AI reshapes the financial crime compliance arena, the emergence of a compliance-first approach to AI in FinTech is becoming increasingly important.

Global Screening Services (GSS), a prominent RegTech innovator, has published its 2024/2025 Sanctions Survey, revealing key insights into how financial institutions are adapting to the evolving sanctions landscape.

Sanctions are essential mechanisms employed by countries and international bodies to support national security, uphold human rights, and combat illegal activities such as terrorism, drug trafficking, and international crimes.