Sanctions Risk – Managing sanction compliance in a time of crisis

Today’s sanctions landscape raises several questions for financial institutions and their clients. These questions come as a result of an expanding list of complex sanctions and trade restrictions, often requiring that they pivot immediately to address new requirements. Protiviti can help financial institutions assess their sanction-related risks and advise them on the control environment and industry best practices for managing the risks of compliance with sanctions and trade restrictions.

Protiviti assists financial institutions by enhancing their sanctions processes and controls in the following ways:

• Perform sanctions risk assessments 
• Validate sanction screening models
• Enhance sanctions governance
• Provide operational support
• Assess screening methods
• Perform sanctions audits and assurance reviews