Here are some thoughts from Northdoor, after a recent compliance issue on sanctions; The £160,000 fine against Lloyds Banking Group shows how small data discrepancies can undermine sanctions screening and why financial institutions must adopt […]
NTT DATA UK&I, a leading innovator for the insurance industry, has today officially announced the launch of its new Sanctions Compliance Service (SCS). The solution, which was developed in partnership with Eigen Technologies, Global RADAR […]
Clyde & Co are expecting more legal disputes, plus pressure on insurers long term, as there is no sign of peace breaking out in Eastern Ukraine anytime soon. Although the conflict has been going on […]
Sanctions are now very much headline news; companies have to be sure that they remain in-line with the latest sanctions lists, says AJ Thompson, CCO at Northdoor plc The beginning of 2022 has seen a huge […]
The Govt has published details on its new Economic Crime Act, aimed at making seizing overseas oligarch’s assets that bit easier. The new Act’s aim may be laudable, but the reality is it gives power […]
HM Gov UK has issued a list of Russian companies that have had their assets frozen; The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) were made under the Sanctions and Anti-Money Laundering Act 2018 […]
No case of non-payment of reinsurance indemnity due to sanctions clauses has been reported since the end of 2014. Nevertheless, Russia’s central bank is now attempting to counter these effects with the creation of the NRC. […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes