Growing Sanctions Complexity Causes Headaches for Traders
As more sanctions are issued, and become more complicated, firms find greater need for a monitoring service.
Robust global sanctions data could be the next big pain point for trading firms, as actions against countries and businesses become both broader and more complicated.
Banks and trading firms are under pressure to show regulators they understand the deals they are making. From knowing their customer to preventing money laundering actions, companies need to understand all the intertwining relationships in transactions, including if a security has connections to a country, entity, or individual in
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