The energy industry has never been far from risks stemming from corruption, terrorism financing, sanctioned jurisdictions, and designated entities.
Law and accounting professionals are required by law to screen clients before providing services.
Negligence, lax reporting habits, opaque practices, understaffing and underestimation of the potential of criminal abuse have so far kept the High Value Goods and the Arts Market a side note for regulation.
The regulated industry is all about adequate, knowledgeable management of a variety of risks.
Insurance is an industry where awareness or the lack of it establishes the criterion for success in compliance.
Innovation and mobility are at the heart of disruptive online banks, alternative payment systems, and FinTechs who transform the face of banking and finance.
The infrastructure & construction industries are at the very centre of the intersection of political interest, strategic moves, trends, and economic growth.
The regulatory glance has never been stricter for Pharmaceutical and Life Sciences sector.
The increase in value; low barriers of entry, the prestige and the sense of security that comes with property ownership have so far rendered real estate an irresistibly attractive investing option.
Given the frequency and the number of penalties imposed on traditional banks and their online counterparts alike, there currently seems no gap between the two categories in means of stringency in fulfilling their AML requirements. Competing against agile players, banks integrate innovative solutions at a quicker pace.
Legacy methods focusing on ancillary angles yield very few results in mitigating Third Party risk, nevertheless hi-tech solutions that cannot establish an adequate screening modus can leave systems as vulnerable. An unseen loophole can be exploited to the maximum by illicit actors, with severe consequences for institutions.
Our hands-on experience allows us to identify the weaknesses in complicated systems & plug the gaps. Sanction Trace empowers all three lines of defences the Banking and Finance industry relies on: with Sanction Trace at the crux of compliance programs, Business Units are shielded with advanced due diligence capabilities, compliance departments leverage a formidable toolkit, can assign proper levels of control to each risk profile, finally, internal audit divisions capitalise on well-categorized data, and leverage hi-end document retention capacities.
Sanction Trace’s precision standard in risk profiling, granularity in tracking financial footprints and in-depth due diligence capacities consolidate all the defences for the banking industry where failures in urgency give way to crises, and failures in continuity spawn compliance labyrinths.
All-in-one suite of tools to boost the effectiveness of all your defences, from the frontline to internal.
Sanction Trace’s granular precision redefines the standards in transaction monitoring.
Monitor the global trade environment to stay up to date on changes in sanctions and criminal lists.
