ComplyAdvantage, a London based RegTech business, has launched a tracker to help businesses keep up with sanctions on Russia.
In Brief:
The ‘Sanctions on Russia’ landing page provides a live feed of the sanctions.
There are currently 8,200 sanctions that have been issued globally against Russia.
This has caused problems for financial services to keep up and stay compliant.
What does this mean?
ComplyAdvantage will enable companies to stay up to date with sanctions in real time. ComplyAdvantage CEO Charles Delingpole said: “We want not only our customers but our entire ecosystem to be better prepared and fortified against these unprecedented global events.”