An evolution in evasion techniques means a new wave of compliance risks for financial institutions and the wider industry, requiring robust adaptation and constant vigilance. Our expert panel will examine what constitutes sanctions evasion/circumvention, the current landscape of evasion threats, risks, and typologies, and practical tips for identifying them and being prepared, including:
- Assessing the current landscape of sanctions evasion risks and typologies
- Key methods for detecting and preventing circumvention of sanctions
- Best practices for carrying out risk assessments and sanctions compliance
- Identifying indications of circumvention of sanctions through third countries Understanding the new efforts to prosecute sanctions evasion
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
