Sanctions Compliance Consultancy
We offer a range of Sanctions compliance consultancy services, from creating sanctions control frameworks, completing Enterprise-Wide Risk Assessments (EWRA), to audits, and bespoke reports on particularly issues, or answering specific queries.
More about the individual services is set out below.
Sanctions Compliance Risk Management
We can help companies create sanctions compliance frameworks to manage and mitigate identified sanctions risks. We can advise on due-diligence systems, including screening options. We can help create sanctions policies, enhanced due-diligence questionnaires, and relevant procedures for both staff and organisations.
We can also review existing risk management tools and advise on potential improvements, and updates to better manage and mitigate the sanctions risk.
Finally, we can deliver bespoke sanctions training as part of the control framework, both on the procedures we design and more widely across a range of live sanctions topics.
Sanctions Compliance Audit
We offer sanctions compliance audit services, where we will review the existing sanctions control frameworks and practices. These audits will assess all elements such as screening solutions utilised, tools for identifying and managing sanctions risk, licencing procedures, blocked and frozen procedures, wider sanctions policies and procedures. We will also evaluate the training offered to staff.
Once completed we will share with you an audit report setting out our findings in detail. In our audit report we will also make recommendations based on the result for where improvements can be made.
Scenario Planning/Red Team Exercises
Bringing together our expertise in working with academia and governments, we are also able to offer the unique practice of acting as a Red Team to challenge sanctions policies and procedures created by organisations before they are implemented to reveal some of the potential impacts. We also work with governments to help them scenario plan by acting as a Red Team, challenging decisions taken on sanctions to better help governments understand the impact of any decisions, and understand the wider implications, such as on the private sector and/or evasion efforts by countries and networks.
Sanctions Investigations
More information on our sanctions investigation offerings coming soon.
