Sanctions
Track and demonstrate compliance with sanctions rules:
Senior Management Responsibilities
Policy Development and Alignment
Global and Group-Level Coordination
Risk Assessment and Management
Horizon Scanning and Scenario Planning
Screening Tool Selection and Calibration
Data Sources and List Management
Ongoing Monitoring and Alert Handling
Testing and Tuning of Screening Systems
Customer Due Diligence (CDD) and Know Your Customer (KYC)
Beneficial Ownership and Control Checks
Training and Awareness
Incident Management and Reporting
Breach Reporting to OFSI and FCA
Asset Freezing and Management
Third-Party Relationships
Termination and Exit Strategies
Technology and Automation
Record-Keeping and Documentation
Continuous Improvement