Sanctions Compliance Audits: What to Expect and How to Prepare

In today’s globalized business landscape, sanctions compliance has become a critical concern for organizations of all sizes. Sanctions, which are legal restrictions imposed by governments and international bodies for various reasons, can have a profound impact on businesses. To navigate the complex world of sanctions effectively, organizations are increasingly turning to sanctions compliance audits. In […]

Understanding Sanctions Compliance in the Context of Global Business

Sanctions are economic and trade restrictions imposed by governments or international organizations to achieve foreign policy or national security objectives. Sanctions compliance is the process of ensuring that businesses do not violate any applicable sanctions.  Naturally, this would apply in their operations, transactions or relationships. What are sanctions and why do they matter? Sanctions are […]

How Sanctions Compliance Affects Mergers and Acquisitions

Mergers and acquisitions (M&A) are complex transactions that require careful consideration of various legal, financial, and operational factors. One of these factors is sanctions compliance, which is often overlooked or underestimated by the parties involved. Sanctions, which are imposed by international organizations or countries against certain countries, individuals, or entities for political or policy reasons, […]

The Role of Third-Party Vendors in Sanctions Compliance

In the intricate landscape of international business, sanctions compliance is a critical aspect that organizations must navigate. Sanctions, imposed by governments or international bodies, restrict or prohibit trade with certain countries, entities, or individuals. Non-compliance can result in severe penalties, including fines, reputational damage, and loss of business. Third-party vendors play a pivotal role in […]

Sanctions Compliance in a Post-Pandemic World

The post-pandemic world has brought about a new set of challenges for businesses, particularly in the realm of sanctions compliance. The global economic landscape has been significantly altered. Thus, companies must adapt to these changes to ensure they remain compliant with international sanctions laws. The pandemic has not only disrupted the global economy but also […]

Sanctions Compliance and Cryptocurrency: Risks and Opportunities

The advent of cryptocurrencies has revolutionized the financial landscape, offering new ways of conducting transactions and storing value. Many argue that these digital assets, underpinned by blockchain technology, have introduced a paradigm shift in how we perceive and handle money. However, this new frontier also presents unique challenges in terms of sanctions compliance. This article […]

Ronald K. Noble is the founder of RKN Global and currently serves as one of its principal consultants.