Financial institutions and other regulated entities engage in activities that not only require compliance with strict laws and regulations but also can fall under the purview of multiple, and potentially conflicting, sanctions regimes. In a chapter in Global Investigations Review’s inaugural The Guide to Sanctions, our lawyers discuss important considerations for financial institutions and regulated entities and provide tips for navigating sanctions regimes and mitigating their attendant risks. The chapter covers:

  • Customer risk management
  • Reporting obligations
  • Correspondent banking
  • Virtual currencies
  • Commingled assets
  • Recent enforcement trends
  • Sanctions clauses in financing documents
  • Alternative currency clauses

Note: The chapter is an extract from the first edition of The Guide to Sanctions. The whole publication is available at https://globalinvestigationsreview.com/edition/1001530/the-guide-to-sanctions-first-edition.