Sanctions Screening Simplified: A Guide for IFSCA Compliance

Sanctions screening, an important component of Customer Due Diligence (CDD), lets regulated entities ensure that they do not onboard or transact with customers who may be sanctioned individuals or entities.

In this eBook, find the latest and detailed explanation about the sanctions regime under IFSCA, including:  

The Mechanics of Sanctions: What are sanctions, Why to perform sanctions screening, and How do Sanctions work

Principal Officer’s Scope of Authority and Responsibility: Ensure compliance with the sanctions regime

Consequences of Non-Compliance: A brief about the regulatory expectations and consequences of non-compliance

Manual vs Automated Screening: Weigh the pros and cons as the eBook delves into both the methods

Directing Software Choices: Get insights on selecting the right sanctions screening software personalised for your organisation’s needs.

Addressing commonly faced challenges: Overcome screening challenges with solutions backed by years of experience

Health Check for Your Sanctions Screening Program: Assess the effectiveness of your current sanctions screening program and discover ways to enhance operational resilience.

Download the pdf now and kickstart your journey to sanctions screening under IFSCA guidelines!