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: BCBS 239

This webinar has passed, but you can view the recording by registering here. With only weeks to go until BCBS 239 takes effect on January 1, 2016, large banks within the scope of the regulation are making final preparations for compliance. Some may be more than ready on the day, others less so, but all...

BLOG

A-Team Group Names Winners of Data Management Insight Awards 2020

A-Team Group has announced the winners of its prestigious Data Management Insight Awards 2020. The annual awards, now in their eighth year, recognise leading providers of data management solutions, services and consultancy to capital markets participants. The award winners were announced online across categories ranging from best sell-side and buy-side data management platforms to best...

EVENT

RegTech Summit APAC

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...