KYC

Sanctions List

A Sanction List is a database for a particular sanction citing all of the individuals and/or organizations (companies, legal entities and countries) which it is illegal to be involved with. Sanctions Lists are dynamic and are updated regularly. Examples of global and relevant sanctions lists include but are not limited to those issued by the Office of Foreign Asset Control | OFAC (United States), His Majesty's Treasury | HMT (United Kingdom) and Office of Foreign Asset Control | OFAC (United States) and the Specially Designated Nationals And Blocked Persons List | SDN (United States). Note that the legal requirement and risk appetite to avoid organizations on any given sanctions list will vary from company to company and from country to country. For example, a certain sanctions list may be applicable to companies in Germany but not to companies in Japan.

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