Sanctions compliance is a reality - But it isn't too late to take action...

The focus on sanctions compliance is relentless, and the scale of fines being imposed on the banks by the Regulators is on the increase.

The implications of ignoring these regulatory mandates will have far reaching consequences. Imagine the adverse effects that delayed payments to suppliers and staff, or the abrupt withdrawal of credit lines would have on a firm's ability to operate effectively? And in turn, how these potentially damaging actions could severely strain the relationships between banks and their corporate customers, and vice versa.