International Sanctions regimes are currently in the spotlight. This is something which we have a duty to implement appropriately and an opportunity for us to demonstrate solidarity with the people of Ukraine.

Regulators and industry bodies across many sectors are reminding member organisations of their legal and regulatory obligations as focus shifts towards compliance. However this is not just for the regulated sectors to apply.

The following need to make sure they comply with sanctions regimes in the UK :

• anyone in the UK (including its territorial waters),
• UK nationals outside of the UK, and
• bodies incorporated or constituted under the law of any part of the UK.

Notwithstanding the legal and regulatory pressures there are also big reputational impacts for any organisation who fails to address these risks in an ethical way. 

So what makes an effective sanctions screening process? Watch this video to find out!