Managing sanctions risk remains an intricate task, despite
plentiful technology available today. While many companies have
robust sanctions programs in place, they often do not consider all
communications channels and sources of information available to
them that can unmask actors operating from sanctioned
jurisdictions.
Kallia Gavela, Senior Director and Head of Disputes and
Investigations at Alvarez & Marsal (A&M) Greece, joined
sanctions experts and regulatory figures at the C5 Group's
European Forum on Global Economic Sanctions in Berlin to debate the
rapidly changing global sanctions landscape.
In the article below, she discusses the sanctions risk
introduced into organizations by the various types of communication
channels in use, and outlines some best practices for companies
trying to navigate sanctions and build a more robust and effective
sanctions screening process.