SQA Sanctions
Every MLRO and Financial compliance department must ask themselves the question "Are Our Customer Databases Clear of Sanction Listed Individuals and Entities?" Today more than ever before, financial institutions are under increasing pressure to comply with sanctions regulations.
In some cases, financial and criminal penalties have been imposed on organisations and individuals. A major concern of every MLRO is the reputational risk of their organisations failing to screen, identify and report a sanctions listed individual or entity.
SQA Consulting is currently in the process of establishing and strengthening the effectiveness of over 40 different screening systems spanning over 20 countries in Europe, Africa, The Indian sub-continent, Asia and the Middle East. The knowledge and experience gained in evaluating and bolstering the Financial Sanctions Systems and policies of our clients has allowed SQA consulting to continually develop the most effective and targeted sanction policy recommendations for the financial industry.
For more information on Sanctions, please fill out our contact form or email info@sqa-consulting.com entering Sanctions in the subject field.