businesses are required to ensure that any proposed agreements do not deal, either directly or indirectly, with a designated entity either in the supply of material or services or in the payment route used.
certain sanctions continue to remain in place and will limit what businesses may legally do within the region. our sanctions due diligence is focused on providing our client with independent comfort that:
funds and economic resources are not made available to sanctioned entities, directly or indirectly
identifies transactions where special licences may be required
the impact of secondary sanctions on individuals or entities on the special designated nationals and blocked persons lists are considered.