FinTech Approaches to Sanctions Regimes
We regularly hear that companies struggle with compliance benchmarking — what does low or high risk mean without something tangible to compare it to?
Compliance with sanctions regimes is one area that we hear companies could benefit from additional clarification and benchmarking.
As a result, we took part in a series of roundtable discussions with 18 sanctions experts from leading fintech companies, led by the FinTech FinCrime Exchange (FFE). Download this report to discover insights from the group meetings and survey, which covered:
- Sanctions screening, customers vs. transactions
- Sanctions compliance roles and responsibilities
- A risk-based approach to sanctions compliance
- Management and board reporting expectations