Client matter · Sanctions and delisting

Sanctions Delisting and Risk Reduction

Depositaries and brokers needed advice on sanctions-listing risk, individual delisting applications and preventive compliance measures.

Background

What happened

Some clients had already been listed, while others were assessing the risk of designation.
Individual applications for removal from the relevant list required preparation.
Business processes needed review for sanctions vulnerabilities.
The review also considered measures to reduce future sanctions exposure.

Initial assessmentDistinguished current restrictions from potential future risks.

ApplicationPrepared the legal basis for an individual delisting application.

Process reviewAssessed relevant business processes and sanctions vulnerabilities.

ImplementationDeveloped compliance and preventive measures proportionate to the identified risks.

Our work

Clients received support with delisting work and an internal framework of measures intended to mitigate future sanctions risk.

Briefly describe what has happened and any deadline. Please wait until we have checked whether we can act before sending confidential documents.