FINTRAIL’s experts have extensive knowledge of sanctions regulatory requirements and their application in practice. FINTRAIL can assist clients of all sizes build and maintain a sanctions compliance programme, from development or enhancement of sanctions policies and procedures, risk assessments, sanctions screening and controls, to audits of sanctions compliance programmes.
Sanctions advisory
We provide bespoke advice on sanctions compliance issues, as well as regulatory mapping and horizon scanning. We take the time to understand your specific products, services and customers to ensure that policies and controls are compliant and fit for purpose in all relevant jurisdictions.
We also offer sanctions support on a retainer basis, ensuring you always have access to ad-hoc sanctions expertise when dealing with specific urgent questions or complex issues.
Policies and procedures
We help clients review, enhance or build their sanctions compliance programme. We can assist businesses that do not yet have a built-out sanctions function, as well as those who are looking to enhance their existing sanctions policies and procedures.
We draft new policies and procedures, review and assess gaps in existing documentation in lines with new sanctions requirements, and also help clients expand into new markets or reach new customer segments.
Find out more
Audit
We carry out audits of sanctions policies and controls, and deliver prioritised recommendations that take into account regulatory requirements in all relevant jurisdictions, operational efficiency and industry best practice.
Find out more about our audit and assurance services.
Risk assessments
We conduct targeted assessments of firms’ sanctions risk, either as a standalone project or as part of a broader financial crime risk assessment. Using easy-to-understand and justifiable outputs, our proven methodology is designed to be easy to update and can be used for ongoing dynamic risk assessments. The outputs facilitate practical insight into sanctions risk exposure and mitigation measures.
Technology implementation and testing
We advise on the design and implementation of sanction screening solutions. We assess the current state of our clients’ programmes and their specific requirements, conduct testing, and provide advice on how to optimise sanctions screening and reduce false positives. We also work in an advisory capacity with RegTechs, helping them to understand sanctions requirements and market needs.
