The Relatively Little-Known Role of the U.S. State Department in Sanctioning Terrorists and its Consequences

December 5, 2017

In addition to the U.S. Treasury, the U.S. State Department has great influence over the implementation of U.S. sanctions policy in designating terrorists. Despite this important role, over 90% of compliance professionals recently polled by SanctionsAlert.com are either “not so familiar” with the State Department’s designations or “did not know” at all that it could designate.

The imposition of sanctions by the U.S. against terrorists, terrorist organizations, and their support structures is a powerful tool in the detection and prevention of terrorism. (more…)

Cross-Sector Conference in New York Engages Top Experts to Reveal the Trends in Sanctions and Export Controls Risk Management and Enforcement

October 13, 2017

Whether you work at a financial institution or corporation, sanctions compliance comes with a host of risks that require well-developed processes to address them. Such risks were the subject of the inaugural SanctionsAlert.com Sanctions Risk Management Symposium, co-hosted with Compliance Week and Financial Research Associates,which took place in New York last month. Sanctions compliance professionals and experts from companies representing different industries– such as Uber, Standard Chartered Bank, ZTE, AXA Group, Google, and others – gathered in NYC to exchange ideas and discuss their favored processes for mitigating the risks associated with sanctions and export controls. (more…)

Designated by D.C.: How U.S. Sanctions Combat Foreign Corruption

June 16, 2017
By: Saskia Rietbroek, Principal SanctionsAlert.com and Anna Sayre, Legal Content Writer,www.SanctionsAlert.com

The use of sanctions as an international means of effecting change has grown exponentially in recent times. As countries become less and less keen to use military force, the world has turned to sanctions implementation as a means of affecting international change, both politically and socially. (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 6: Treasury Secretary Steven Mnuchin’s Conciliatory Commitment to the Status Quo, For the Most Part

June 3, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so that compliance professionals can make informed decisions as to the likely positions of the new U.S. administration in the next four years. (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 5: Secretary of State Rex Tillerson’s Business – like Foreign Policy

April 12, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so that compliance professionals can make informed decisions as to the likely positions of the new U.S.administration in the next four years. (more…)