Sanctioned Party List Screening: Ensure Compliance in Trade

A sanctioned party list contains persons and companies with whom trade is prohibited by law. Sanctioned party lists are issued by government agencies and are binding for all traders. Failure to comply with financial or trade sanctions is a criminal offence in many countries.
During sanctioned party list screening, you compare your business partner addresses with the addresses on the relevant sanctioned party lists. When you export goods, for example, you can automatically compare the consignees‘ addresses with the sanctioned party list.

Lists that might be relevant to you:
Consolidated United Nations Security Council Sanctions List – UN
Consolidated list of persons, groups and entities subject to EU financial sanctions (CFSP) – EU
Consolidated list of targets – HM Treasury, UK
Denied Persons List (DPL) – US Bureau of Industry and Security
ITAR Debarred (DTC) – US State Department
Entity List (EL) – US Bureau of Industry and Security
Foreign Sanctions Evaders (FSE) – US Treasury Department
Non-SDN Iranian Sanctions Act List (NS-ISA) – US Treasury Department
Nonproliferation Sanctions (ISN) – US State Department
Part 561 List (561) – US Treasury Department
Palestinian Legislative Council List (PLC) – US Treasury Department
Specially Designated Nationals (SDN) – US Treasury Department
Sectoral Sanctions Identifications List (SSI) – US Treasury Department
Unverified List (UVL) – US Bureau of Industry and Security
List of the State Secretariat for Economic Affairs (SECO) – Switzerland

We have set up a new service at sanctions.io where we offer easy access to a consolidated database of sanction lists either through our website or using our API in your own application. REMEDYNE will provide out of the box sanction lists scans for SAP applications with its new product release REMEDYNE Continuous Monitoring 2.0 (planned release date is early 2017).

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