Identifying Companies & Individuals Subject to Sanctions
Posted Friday 24 May 2019 - 13:31pm by Trust Audit
Trust Audit were amongst a select number of organisations invited to attend KPMG London’s Fraud in Business Club.
An Expert Panel discussed the wider issues surrounding Money Laundering, in particular, the impact on businesses of the US and EU sanctions (2014) imposed on dozens of Russian individuals and companies as a result of the conflict in Ukraine as well as additional measures taken in response to a other high-profile political scandals.
The Panel discussed the challenges and evaluated the compliance hurdles which they present, taking a practical look at strategies that businesses can adopt to identify companies and individuals and ensure compliance.
The Expert Panel:
Mathieu Boulegue: (Research Fellow, Russia and Eurasia Programme, Chatham House;
Sven Bates: Senior Associate, Baker McKenzie, trade Compliance & Investigations;
Olivia Allison: Partner, Head of Forensic KPMG Ukraine & KPMG Kazakhstan