The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

How to Solve the Problem of Sanctions and Related Securities

In an increasingly hostile world, monitoring sanctions lists, politically exposed persons and other watch lists has become complex, but the buck doesn’t stop here with financial institutions needing to monitor and manage not only sanctions lists, but also securities related to sanctioned domiciles and companies.

This is not as easy as it may first appear. As well as identifying sanctioned entities and their issued securities, you need to uncover global holdings of more than 50% and work out whether securities issued by these domestic and foreign subsidiaries are also in scope. Then there is the challenge of verifying beneficial ownership by sanctioned individuals.

As sanctions lists and other watch lists are constantly changed, the problem of adding the right securities to your ‘do not trade’ list is difficult to solve and the penalties of getting it wrong can be high in terms of large fines and reputational damage.

But solutions are emerging that ease the burden and maximise trading opportunities by reducing the need to block trades in non-sanctioned securities.

Related content

WEBINAR

Recorded Webinar: Practical Uses of Big Data in Financial Services

This webinar has passed, but you can view the recording by registering here. All data managers are concerned about big data and what it means for them, but there’s little in the way of practical advice for how to make the most of the opportunities it may bring. We delve into some real-life examples of...

BLOG

Alveo Integrates ULTUMUS Index and ETF Managed Data Service with Prime

Alveo and ULTUMUS, an exchange-traded fund (ETF) specialist, have partnered to bring together Alveo’s data mastering solution, Prime, and ULTUMUS’s global ETF and index managed data service. The partnership aims to enable Alveo customers to integrate index and ETF information more quickly, and allow ULTUMUS’s clients to enhance their data mastering and data integration capabilities....

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...