Best Practices for Mitigating Sanctions Risk
The less you know about a company or individual, the more your reputation - and your company’s wallet - are at risk. Failure to properly vet a potential acquisition or business partner can translate into customer churn, government sanctions, and monetary penalties.
Nexis Diligence™ provides you with access to domestic and global sanctions, watch lists, and PEPs compiled from multiple authorities spanning 240 countries and territories. Some of the 1,400 lists include:
- OFAC - Specially Designated Nationals (SDN) List; Non-SDN List, including Palestinian Legislative Council; Enhanced Sanctioned Countries List
- Her Majesty’s Treasury Consolidated List
- Commodity Futures Trading Commission List of Regulatory and Self-Regulatory Authorities
- Department of State, Directorate of Defense Trade Controls, Consolidated List of Debarred Parties
- European Union Designated Terrorists Consolidated List
- FBI - Hijack Suspects List; Most-Wanted List; Most-Wanted Terrorists List; Seeking Information List
- Financial Industry Regulatory Authority (FINRA) Actions File
- International Police Most Wanted and Red Alerts
- Office of Controller of Currency - Unauthorized Banks List
- World Bank Ineligible Firms List
With Nexis Diligence, you also get access to global PEP lists, which include 1.5+ million profiles on PEPs, as well as profiles on their family members and close associates.
Want more details? Submit your request for the 10 Steps to support Sanctions Compliance Factsheet, or contact us for a free Nexis Diligence trial search.
