KYC DECODED

One year on from Russia’s invasion of Ukraine, so much has changed – particularly around sanctions. In this episode, host Alex Pillow is joined by Hera Smith, former Global Sanctions Compliance Officer, sanctions expert and Moody’s Analytics KYC Industry Practice Lead. 

Topics addressed in this conversation include:

• The growth of sanctioned entities over the last year
• Difficulties KYC and AML sanctions professionals face navigating ownership and control data in this pressurized environment
• Lessons learned for both regulators and practitioners
• Tools and methods compliance teams can use to address new sanctions packages efficiently and effectively
• The heightened enforcement actions being taken, with a couple of recent examples

Visit the links below for additional sanctions resources:

• US Department of the Treasury Office of Foreign Assets Control (OFAC) – Sanctions Programs and Information
• UK Office of Financial Sanctions Implementation (OFSI)
• Sanctions Law, Practice and guidance website 
• KYC Decoded sanctions miniseries:
  • Part 1: The Pen is Mightier than the Sword
  • Part 2: Going Beyond the Lists
  • Part 3: Networks Defeat Networks
  • Part 4: Sanctions & Crypto

Go beyond the lists and visit our website to find out how Moody’s Analytics can enhance your organization's sanctions compliance program.