{"id":31889,"date":"2025-11-21T10:37:46","date_gmt":"2025-11-21T09:37:46","guid":{"rendered":"https:\/\/figsflow.com\/uk\/?p=31889"},"modified":"2025-12-16T11:55:24","modified_gmt":"2025-12-16T10:55:24","slug":"uk-sanction-screening-guide-for-professionals","status":"publish","type":"post","link":"https:\/\/figsflow.com\/uk\/uk-sanction-screening-guide-for-professionals\/","title":{"rendered":"UK Sanction Screening Guide 2025\/26: Complete AML Compliance for Professionals &amp; Businesses"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31889\" class=\"elementor elementor-31889\" data-elementor-settings=\"{&quot;element_pack_global_tooltip_width&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_padding&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true}}\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ce47ef4 e-flex e-con-boxed e-con e-parent\" data-id=\"ce47ef4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-571e6d9 elementor-widget elementor-widget-text-editor\" data-id=\"571e6d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Sanction screening is mandatory under MLR 2017. Everyone knows that.<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">What nobody tells you is how\u00a0actually to do it. HMRC demands adequate\u00a0systems,\u00a0but\u00a0won&#8217;t\u00a0define adequate. OFSI expects comprehensive screening but\u00a0publishes no practical standards.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">You&#8217;re\u00a0left\u00a0checking names against spreadsheets,\u00a0wondering if your\u00a0process would survive scrutiny, and\u00a0hoping a similar\u00a0name\u00a0doesn&#8217;t\u00a0become your\u00a0\u00a350,000 mistake.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This guide\u00a0eliminates\u00a0the guesswork. Completely free.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">In\u00a0the next\u00a015 minutes,\u00a0you&#8217;ll\u00a0learn the screening requirements for your\u00a0practice, the checking\u00a0process that meets regulatory expectations, how\u00a0to handle matches and document decisions that protect you, and how\u00a0to build effective screening\u00a0without expensive systems.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0c749a elementor-widget elementor-widget-text-editor\" data-id=\"d0c749a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 aria-level=\"2\"><span data-contrast=\"none\">Key Points Summarised<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:160,&quot;335559739&quot;:80}\">\u00a0<\/span><\/h2><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Electronic verification is mandatory under MLR 2017. Visual passport inspection\u00a0doesn&#8217;t\u00a0satisfy legal requirements<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Manual\u00a0sanction screening\u00a0costs \u00a3500 to \u00a31,500 monthly in lost time. At 15 to 45 minutes per client,\u00a0you&#8217;re\u00a0spending hours on work\u00a0that\u00a0automated systems complete in seconds<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Sanctions compliance differs from AML. The 50% ownership threshold for sanctions control differs from the 25% beneficial ownership test<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">OFSI reporting is immediate and separate from SARs. You must report as soon as you know or suspect someone is sanctioned<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Technology\u00a0eliminates\u00a0the choice between speed and compliance.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Penalties start at \u00a35,000 and scale to \u00a31 million or 50% of breach value. Criminal prosecution can result in seven years imprisonment<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae6a825 elementor-widget elementor-widget-heading\" data-id=\"ae6a825\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is Sanction Screening? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e83c6b2 elementor-widget elementor-widget-text-editor\" data-id=\"e83c6b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Sanction screening\u00a0is the process of checking individuals, entities, and transactions against government-maintained lists of restricted parties.\u00a0It&#8217;s\u00a0a legal requirement under UK financial sanctions regulations.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The UK Consolidated Sanctions List\u00a0contains\u00a0over 57,000 active records across more than 300 programmes\u00a0maintained\u00a0by the Office of Financial Sanctions Implementation. The screening process compares client names, dates of birth, addresses, and entity registration numbers using fuzzy matching algorithms to catch name variations and transliterations.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Screening extends beyond your direct client. You must verify:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Beneficial owners\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><a href=\"https:\/\/figsflow.com\/uk\/what-is-a-person-with-significant-control-psc\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Persons with significant control<\/span><\/a><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Counterparties receiving funds\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Third\u00a0parties providing payments\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Screening must occur at client onboarding before accepting funds, during ongoing monitoring at least annually, at\u00a0the\u00a0transaction level when transferring funds to new payees, and whenever circumstances change materially.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-39c77b7 elementor-widget elementor-widget-text-editor\" data-id=\"39c77b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><b><span data-contrast=\"auto\">Did You Know? Sanctions Come in Four Types<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/h3><p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">Most firms only think about financial sanctions, but the UK\u00a0operates\u00a0four distinct regimes that often overlap:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Financial sanctions<\/span><\/b><span data-contrast=\"auto\">\u00a0freeze assets and prohibit transactions with designated persons<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Trade sanctions<\/span><\/b><span data-contrast=\"auto\">\u00a0restrict imports, exports, and services to specific sectors or countries<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Sectoral sanctions<\/span><\/b><span data-contrast=\"auto\">\u00a0target\u00a0particular industries\u00a0like energy or defence without\u00a0blacklisting\u00a0entire\u00a0jurisdictions<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Travel bans<\/span><\/b><span data-contrast=\"auto\">\u00a0prevent designated individuals from entering\u00a0the\u00a0UK territory<\/span>\u00a0<\/li><\/ul><p>A client clear on financial sanctions might still trigger trade or sectoral restrictions depending on their business activities and the services you provide.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a740a99 elementor-widget elementor-widget-heading\" data-id=\"a740a99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Understanding UK Sanctions in 2025\/26 <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68ec77e elementor-widget elementor-widget-text-editor\" data-id=\"68ec77e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW246429050 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW246429050 BCX8\">The UK sanctions regime exists to prevent money flows to terrorists, weapons proliferators, human rights abusers, and hostile\u00a0<\/span><span class=\"NormalTextRun SCXW246429050 BCX8\">governments<\/span><span class=\"NormalTextRun SCXW246429050 BCX8\">. Unlike persuasive foreign policy tools, sanctions carry the force of criminal law.<\/span><\/span><span class=\"EOP SCXW246429050 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec4d5d4 elementor-widget elementor-widget-heading\" data-id=\"ec4d5d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The UK Sanctions Landscape Post-Brexit <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b424c4 elementor-widget elementor-widget-text-editor\" data-id=\"9b424c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The Sanctions and Anti-Money Laundering Act 2018\u00a0established\u00a0the\u00a0UK&#8217;s\u00a0independent sanctions framework after leaving the European Union. The Office of Financial Sanctions Implementation administers financial\u00a0sanctions under HM Treasury.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">UK sanctions often align with UN Security Council resolutions but can diverge from EU and US programmes. This creates complexity for firms serving international clients, as you may need to\u00a0comply with\u00a0multiple overlapping regimes simultaneously. General licences\u00a0permit\u00a0certain activities that would otherwise breach sanctions, while specific licences can be applied for on grounds set out in the relevant legislation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Every UK business and individual must\u00a0comply with\u00a0the sanctions regime, regardless of sector or service type. The sanctions regime\u00a0operates\u00a0independently of AML requirements, meaning firms outside the Money Laundering Regulations 2017 still have full obligations.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95e6ac2 elementor-widget elementor-widget-heading\" data-id=\"95e6ac2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Recent Enforcement Actions That Should Worry You <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-267aeea elementor-widget elementor-widget-text-editor\" data-id=\"267aeea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">OFSI&#8217;s\u00a02025\u00a0enforcement\u00a0against GVA\u00a0Capital demonstrates the\u00a0scale\u00a0of penalties now\u00a0being\u00a0imposed. The\u00a0\u00a3216\u00a0million fine\u00a0related to\u00a0Russia\u00a0and Ukraine\u00a0sanctions breaches\u00a0marked\u00a0a\u00a0significant\u00a0escalation\u00a0in enforcement intensity.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Between 2022 and 2025, OFSI issued over 30 monetary penalties and published details of\u00a0numerous\u00a0breaches,\u00a0even\u00a0where no fine was imposed. Publication itself damages reputation and signals to clients, banks, and\u00a0insurers\u00a0that your compliance framework failed.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f71fba2 elementor-widget elementor-widget-text-editor\" data-id=\"f71fba2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Sanction Screening\u00a0Is Just One Part of Your AML Obligations<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Sanction screening\u00a0sits within broader anti-money laundering requirements under MLR 2017. Customer due diligence, beneficial ownership verification, risk assessments, ongoing monitoring, and suspicious activity reporting all form part of your complete compliance framework.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><a href=\"https:\/\/figsflow.com\/uk\/list-of-2025-aml-rules-for-accountants-in-the-uk\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Accountants: The 2025 AML Rules You\u00a0<\/span><span data-contrast=\"none\">Can&#8217;t\u00a0Afford to Ignore<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e37f6f elementor-widget elementor-widget-heading\" data-id=\"4e37f6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Your Legal Obligations Under MLR 2017 <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e5f8ba elementor-widget elementor-widget-text-editor\" data-id=\"6e5f8ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW64312855 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW64312855 BCX8\">The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 set out your\u00a0<\/span><\/span><a class=\"Hyperlink SCXW64312855 BCX8\" href=\"https:\/\/figsflow.com\/uk\/what-are-cdd-edd-why-do-bookkeepers-need-them\/\" target=\"_blank\" rel=\"noopener\"><span class=\"TextRun Underlined SCXW64312855 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW64312855 BCX8\" data-ccp-charstyle=\"Hyperlink\">customer due diligence<\/span><\/span><\/a><span class=\"TextRun SCXW64312855 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW64312855 BCX8\">\u00a0obligations. These requirements work alongside sanctions legislation to create your complete compliance framework.<\/span><\/span><span class=\"EOP SCXW64312855 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa878f1 elementor-widget elementor-widget-heading\" data-id=\"aa878f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Electronic Verification vs Visual Inspection <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-359c11e elementor-widget elementor-widget-text-editor\" data-id=\"359c11e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MLR 2017 Regulation 28 requires you to\u00a0<\/span><a href=\"https:\/\/figsflow.com\/uk\/verify-client-identity-for-aml-compliance-figsflow\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">verify customer identity<\/span><\/a><span data-contrast=\"auto\">\u00a0using documents, data, or information obtained from a reliable and independent source. The\u00a0keyword\u00a0is\u00a0&#8220;independent.&#8221;<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Looking at a passport and making a photocopy\u00a0constitutes\u00a0visual inspection. It proves you received a\u00a0document,\u00a0but\u00a0it\u00a0doesn&#8217;t\u00a0prove you verified that document against any authoritative source.\u00a0<\/span><a href=\"https:\/\/figsflow.com\/uk\/digital-id-verification-for-aml-why-firms-are-switching-to-figsflow\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Electronic verification<\/span><\/a><span data-contrast=\"auto\">\u00a0means\u00a0checking\u00a0the identity information against databases\u00a0maintained\u00a0by credit reference agencies, the electoral register, or\u00a0government systems like\u00a0the Passport Office or DVLA.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78259bc elementor-widget elementor-widget-heading\" data-id=\"78259bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">When You Must Screen <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9061d9b elementor-widget elementor-widget-text-editor\" data-id=\"9061d9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">You must screen when\u00a0establishing\u00a0a business relationship, which occurs at client onboarding,\u00a0before accepting any funds or\u00a0commencing\u00a0substantive work.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Ongoing monitoring requires periodic\u00a0rescreening\u00a0based on your risk assessment. High-risk clients\u00a0may need quarterly checks. Standard-risk clients\u00a0should be\u00a0rescreened\u00a0annually or when\u00a0circumstances change materially.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Transaction-level screening applies when payments involve third parties or counterparties you\u00a0haven&#8217;t\u00a0previously verified. Sanctions lists update constantly, so you must check\u00a0the\u00a0current lists when conducting any screening activity.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5e16e5 elementor-widget elementor-widget-heading\" data-id=\"c5e16e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Reporting to OFSI: Timelines &amp; Requirements <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfcc59d elementor-widget elementor-widget-text-editor\" data-id=\"bfcc59d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">You must report to OFSI as soon as\u00a0practicable\u00a0when you know or have reasonable cause to suspect that a person is a designated person or has committed an offence under the\u00a0sanctions\u00a0regulations.\u00a0&#8220;As soon as practicable&#8221;\u00a0means\u00a0immediately\u00a0upon discovery.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Reports must use\u00a0OFSI&#8217;s\u00a0standard template and\u00a0include details of the\u00a0suspected person, the grounds for\u00a0suspicion, any assets frozen, and\u00a0relevant transaction history.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">If you discover\u00a0you&#8217;re\u00a0holding funds for a designated person, you\u00a0must freeze those assets\u00a0immediately\u00a0and report them to OFSI.\u00a0The\u00a0frozen funds\u00a0cannot be\u00a0released without a specific licence.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e70f0c elementor-widget elementor-widget-heading\" data-id=\"1e70f0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Penalties: Civil &amp; Criminal Consequences <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa27a81 elementor-widget elementor-widget-text-editor\" data-id=\"aa27a81\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">OFSI can impose civil monetary penalties up to \u00a31 million or 50% of the breach value, whichever is greater. The regime\u00a0operates\u00a0on a strict liability basis, meaning unintentional breaches still attract penalties.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Criminal prosecution under the sanctions regulations can result in imprisonment for up to seven years, an unlimited fine, or both.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">OFSI&#8217;s\u00a0enforcement\u00a0guidance confirms\u00a0that\u00a0they\u00a0take a\u00a0risk-based\u00a0approach when\u00a0deciding\u00a0whether\u00a0to impose penalties.\u00a0Factors\u00a0considered include\u00a0whether the\u00a0breach was\u00a0reported voluntarily, whether\u00a0appropriate\u00a0due\u00a0diligence was\u00a0conducted, and whether the breach resulted\u00a0from\u00a0attempting\u00a0to circumvent\u00a0sanctions.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c914fa3 elementor-widget elementor-widget-text-editor\" data-id=\"c914fa3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Beyond\u00a0Sanction Screening: Your MLR 2017 Obligations<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">You&#8217;ve\u00a0covered\u00a0sanction\u00a0screening.\u00a0Now understand the\u00a0complete AML framework\u00a0you&#8217;re\u00a0operating\u00a0under,\u00a0from customer due\u00a0diligence to\u00a0suspicious\u00a0activity reporting.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><a href=\"https:\/\/figsflow.com\/uk\/2025-guide-to-aml-identity-verification-rules-for-accountants\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">2025 Anti-Money Laundering ID Check Guide for Accountants in\u00a0<\/span><span data-contrast=\"none\">the\u00a0UK &#8211;\u00a0FigsFlow<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47c023d elementor-widget elementor-widget-heading\" data-id=\"47c023d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Conduct Effective Sanction Screening <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83c5b01 elementor-widget elementor-widget-text-editor\" data-id=\"83c5b01\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW23238284 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW23238284 BCX8\">Effective screening combines customer due diligence, electronic verification, comprehensive list checking, and ongoing monitoring within an integrated workflow that creates complete audit trails automatically.<\/span><\/span><span class=\"EOP SCXW23238284 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2d04a4 elementor-widget elementor-widget-image\" data-id=\"e2d04a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"825\" height=\"362\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/UK-Sanction-Screening-Guide.png\" class=\"attachment-large size-large wp-image-31917\" alt=\"UK Sanction Screening Guide 2025\/26: Complete AML Compliance for Professionals &amp; Businesses\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/UK-Sanction-Screening-Guide.png 825w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/UK-Sanction-Screening-Guide-300x132.png 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/UK-Sanction-Screening-Guide-768x337.png 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/UK-Sanction-Screening-Guide-18x8.png 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/UK-Sanction-Screening-Guide-650x285.png 650w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fc1aff elementor-widget elementor-widget-heading\" data-id=\"9fc1aff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 1: Customer Due Diligence <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbd3280 elementor-widget elementor-widget-text-editor\" data-id=\"fbd3280\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">For individual clients, collect full legal name, date of birth, residential address, and nationality. For company clients, obtain the legal entity name, registration number, registered office address, and details of all persons with significant control.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Remember that beneficial ownership under sanctions uses a 50% threshold, not the 25% threshold in MLR 2017. Control can also arise through voting rights or board appointments.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-084f20b elementor-widget elementor-widget-heading\" data-id=\"084f20b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 2: Verify Against Government Databases <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f0a1ec elementor-widget elementor-widget-text-editor\" data-id=\"3f0a1ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Use electronic verification to check identity details against credit reference agencies (Equifax, Experian, TransUnion) or government registers (Passport Office, DVLA, electoral register). The process reads the machine-readable zone on passports and driving licences to confirm documents exist in official records.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">For companies, use Companies House API to verify incorporation details, current officers, and PSC information in real time.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3685597 elementor-widget elementor-widget-text-editor\" data-id=\"3685597\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Wouldn&#8217;t\u00a0It Be 100X Easier if Your Onboarding Software Connected\u00a0With\u00a0Companies\u00a0House?<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Well,\u00a0you&#8217;re\u00a0in luck. The complete client\u00a0onboarding platform\u00a0FigsFlow\u00a0connects not\u00a0only with Companies House, but\u00a0with\u00a0Xero,\u00a0HubSpot, and\u00a0more.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Want to\u00a0give it a try?\u00a0Here&#8217;s\u00a0your 30-day free\u00a0trial.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><a href=\"https:\/\/app.figsflow.com\/signup?utm_source=website\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Claim Your 30-Day Free Trial<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-040171c elementor-widget elementor-widget-heading\" data-id=\"040171c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 3: Screen Against Sanctions Lists <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-096ceae elementor-widget elementor-widget-text-editor\" data-id=\"096ceae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Check the UK Consolidated Sanctions List\u00a0maintained\u00a0by OFSI as your primary screening source. Include UN Security Council designations and EU sanctions lists if you have European operations or clients.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Screen against\u00a0the\u00a0US\u00a0OFAC lists if transactions\u00a0are denominated\u00a0in US dollars\u00a0or touch US financial systems,\u00a0as OFAC has extraterritorial\u00a0reach.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a5b312c elementor-widget elementor-widget-heading\" data-id=\"a5b312c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 4: Check PEP Status &amp; Adverse Media <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f3e008 elementor-widget elementor-widget-text-editor\" data-id=\"9f3e008\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Identify\u00a0whether the client is a Politically Exposed Person under MLR 2017. PEP status triggers\u00a0<\/span><a href=\"https:\/\/figsflow.com\/uk\/enhanced-due-diligence-edd-explained\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Enhanced Due Diligence requirements<\/span><\/a><span data-contrast=\"none\">,<\/span><span data-contrast=\"auto\">\u00a0including\u00a0establishing\u00a0the\u00a0source of wealth,\u00a0the\u00a0source of funds, and\u00a0the\u00a0business relationship purpose.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Search news sources, enforcement databases, and legal proceedings for negative information about the client.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69851dc elementor-widget elementor-widget-heading\" data-id=\"69851dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 5: Assess &amp; Document Risk <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2ee523 elementor-widget elementor-widget-text-editor\" data-id=\"d2ee523\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Evaluate customer risk factors (PEP status, ownership complexity, sector), country risk (sanctions\u00a0jurisdictions, weak AML frameworks), and transaction risk.\u00a0Determine\u00a0whether Standard Due Diligence or Enhanced Due Diligence applies.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Document your assessment with clear reasoning for your risk rating and due diligence level.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f906fa4 elementor-widget elementor-widget-heading\" data-id=\"f906fa4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 6: Create Complete Audit Trails <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6232ebd elementor-widget elementor-widget-text-editor\" data-id=\"6232ebd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Generate timestamped records showing who conducted verification, which databases were checked, what results were returned, how you assessed risk, and who approved the client. Keep these records for five years after the relationship ends.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Automated systems create audit trails as a byproduct of normal operations rather than requiring separate documentation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29bdb00 elementor-widget elementor-widget-heading\" data-id=\"29bdb00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 7: Ongoing Monitoring <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd8fdcd elementor-widget elementor-widget-text-editor\" data-id=\"dd8fdcd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW153911390 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW153911390 BCX8\">Rescreen<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0high-ris<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">k clients<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0quarterl<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">y and sta<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ndard-ris<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">k clients<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0annually<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0or when\u00a0<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">circumsta<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">nces chan<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ge materi<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ally. Sub<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">scribe to<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0OFSI ema<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">il alerts<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0to recei<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ve immedi<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ate notif<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ication o<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">f new des<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ignations<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">, as sanc<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">tions lis<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">ts update<\/span><span class=\"NormalTextRun SCXW153911390 BCX8\">\u00a0daily.<\/span><\/span><span class=\"EOP SCXW153911390 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b37aa45 elementor-widget elementor-widget-text-editor\" data-id=\"b37aa45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><b><span data-contrast=\"auto\">Looks Like a Lot of Steps for Just One AML Component?<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Don&#8217;t\u00a0worry.\u00a0FigsFlow\u00a0has\u00a0got\u00a0you covered.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">It&#8217;s\u00a0a complete\u00a0client onboarding platform that\u00a0handles\u00a0everything from\u00a0proposals and engagement\u00a0letters\u00a0to\u00a0electronic verification,\u00a0sanction screening, PEP checks, and automated\u00a0audit trails. All in\u00a0under 30 seconds per client.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Here&#8217;s\u00a0what\u00a0you get beyond\u00a0sanction\u00a0screening:<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Professional proposals and engagement letters in minutes<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Electronic ID verification (MLR 2017 compliant)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Risk assessment templates aligned with HMRC guidance<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Built-in e-signature with automated workflows<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Integrations with HubSpot, Xero, QuickBooks, Stripe<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">All of this comes at the price of just\u00a0<\/span><b><span data-contrast=\"auto\">\u00a318\/month<\/span><\/b><span data-contrast=\"auto\">\u00a0(verification at \u00a32.10 per check).<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Start Your 30-Day Free Trial<\/span><\/b><span data-contrast=\"auto\">\u00a0\u2013 No credit card\u00a0required.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><a href=\"https:\/\/app.figsflow.com\/signup?utm_source=website\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Start Free Trial<\/span><\/a><span data-contrast=\"auto\">\u00a0|\u00a0<\/span><a href=\"https:\/\/figsflow.com\/uk\/book-demo\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Book a Demo<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64afb8f elementor-widget elementor-widget-heading\" data-id=\"64afb8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What to Do When You Identify a Sanctioned Person <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3352c0c elementor-widget elementor-widget-text-editor\" data-id=\"3352c0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW53924846 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW53924846 BCX8\">Discovering a client is sanctioned creates immediate legal obligations. The speed and completeness of your response\u00a0<\/span><span class=\"NormalTextRun SCXW53924846 BCX8\">determine<\/span><span class=\"NormalTextRun SCXW53924846 BCX8\">\u00a0whether OFSI views this as a compliance success or failure.<\/span><\/span><span class=\"EOP SCXW53924846 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a0a018 elementor-widget elementor-widget-heading\" data-id=\"3a0a018\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Immediate Actions: Freeze, Report, Document <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7af740e elementor-widget elementor-widget-text-editor\" data-id=\"7af740e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Stop all work\u00a0immediately. If\u00a0you&#8217;re\u00a0mid-transaction, halt it. If you hold client funds, freeze them. No payments out, no payments in.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Notify your Compliance Officer for Legal Practice (COLP) or equivalent compliance lead\u00a0immediately. They coordinate the\u00a0firm&#8217;s\u00a0response and ensure all necessary actions occur.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Contact your bank to\u00a0notify them\u00a0you&#8217;re\u00a0holding frozen funds. They\u00a0may need to\u00a0take their own compliance actions and\u00a0will refuse to\u00a0process transactions involving the sanctioned client without\u00a0appropriate licences.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65bab04 elementor-widget elementor-widget-heading\" data-id=\"65bab04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How to Communicate with Clients (No Tipping-Off Rules) <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f877b9c elementor-widget elementor-widget-text-editor\" data-id=\"f877b9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Sanctions are public information. Unlike suspicious activity reports under the Proceeds of Crime Act 2002,\u00a0there&#8217;s\u00a0no tipping-off offence preventing you from explaining to the client why\u00a0you&#8217;re\u00a0suspending services.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">You can tell them clearly and directly that\u00a0they&#8217;ve\u00a0been\u00a0designated\u00a0under UK sanctions,\u00a0which restricts your ability to provide services or handle their\u00a0funds.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Explain that you cannot release their funds without an OFSI licence, even if they dispute their designation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec36b0e elementor-widget elementor-widget-heading\" data-id=\"ec36b0e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Licensing Options: When You Can Continue Services <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f150a9c elementor-widget elementor-widget-text-editor\" data-id=\"f150a9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">General licences\u00a0permit\u00a0certain activities without application. Legal services licences exist under some\u00a0sanctions\u00a0regimes, allowing you to provide legal advice and representation on an unpaid basis or subject to conditions.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Specific licences require\u00a0an\u00a0application\u00a0to OFSI.\u00a0You&#8217;ll\u00a0need to\u00a0demonstrate\u00a0that\u00a0the grounds set\u00a0out in the\u00a0implementing legislation\u00a0apply to your situation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Both general and specific licences come with reporting obligations. You must notify OFSI of your reliance on general licences within specified\u00a0timeframes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7122a2 elementor-widget elementor-widget-text-editor\" data-id=\"c7122a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">The Secret to Catching Sanctioned Persons Early<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Consistent identification starts with an effective AML policy that embeds\u00a0sanction screening\u00a0into your workflows.\u00a0Here&#8217;s\u00a0how to build yours.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><a href=\"https:\/\/figsflow.com\/uk\/how-to-write-an-aml-policy-figsflows-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Writing an AML Policy: Full Guide 2025| FigsFlow<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b75a0bc elementor-widget elementor-widget-heading\" data-id=\"b75a0bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Sector-Specific Red Flags in Sanction Screening <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b5ba22 elementor-widget elementor-widget-text-editor\" data-id=\"2b5ba22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW238782248 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW238782248 BCX8\">Sanctions evasion attempts follow predictable patterns. Recognising red flags in your practice area allows you to investigate further before\u00a0<\/span><span class=\"NormalTextRun SCXW238782248 BCX8\">proceeding<\/span><span class=\"NormalTextRun SCXW238782248 BCX8\">\u00a0with potentially problematic engagements.<\/span><\/span><span class=\"EOP SCXW238782248 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7198bc4 bdt-hide-entries-on-mobile-yes elementor-widget elementor-widget-bdt-table\" data-id=\"7198bc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"bdt-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"bdt-table bdt-table-default-responsive \" id=\"bdt-table-7198bc4\">\n\n\n\t\t\t<!DOCTYPE html>\n<html>\n<head>\n  <style>\n    table {\n      border-collapse: collapse;\n      width: 100%;\n    }\n    th, td {\n      border: 1px solid #ccc;\n      padding: 12px 16px;\n      vertical-align: middle;\n      text-align: center;\n      font-size: 16px;\n      font-weight: 500;\n    }\n    th {\n      background-color: #0094B0;\n      color: #FFFFFF;\n      font-weight: bold;\n    }\n    tbody tr:nth-child(odd) {\n      background-color: #0094B017;\n    }\n    tbody tr:nth-child(even) {\n      background-color: #FFFFFF;\n    }\n    td:first-child {\n      text-align: left;\n    }\n    td:nth-child(2),\n    td:nth-child(3) {\n      text-align: left;\n    }\n  <\/style>\n<\/head>\n<body>\n  <table>\n    <thead>\n      <tr>\n        <th>Risk Category<\/th>\n        <th>Red Flags<\/th>\n        <th>What to Investigate<\/th>\n      <\/tr>\n    <\/thead>\n    <tbody>\n      <tr>\n        <td>Politically Exposed Persons<\/td>\n        <td>Current or former senior government officials, military leaders, judges, central bank executives, state-owned enterprise directors<\/td>\n        <td>Source of wealth, source of funds, purpose of the relationship. Enhanced Due Diligence is mandatory regardless of other factors.<\/td>\n      <\/tr>\n      <tr>\n        <td>High-Net-Worth Individuals<\/td>\n        <td>Investable assets exceeding \u00a330 million combined with wealth from sanctioned jurisdictions, unexplained funds, or resistance to due diligence<\/td>\n        <td>Origin of wealth, connections to sanctioned jurisdictions, reason for due diligence resistance<\/td>\n      <\/tr>\n      <tr>\n        <td>Complex Corporate Structures<\/td>\n        <td>Multiple holding companies, offshore entities in secrecy jurisdictions, frequent restructuring without operational changes<\/td>\n        <td>Beneficial ownership chain, business rationale for structure, operational substance<\/td>\n      <\/tr>\n      <tr>\n        <td>Trusts<\/td>\n        <td>Established in children's names shortly before settlor designation, unclear purpose, frequent term changes<\/td>\n        <td>All settlors, trustees, and beneficiaries. Changes redirecting benefits to new persons.<\/td>\n      <\/tr>\n      <tr>\n        <td>Russia-Connected Jurisdictions<\/td>\n        <td>Russia, Belarus, Cyprus, Moldova<\/td>\n        <td>Direct and indirect connections to Russian designated persons, economic ties to sanctioned entities<\/td>\n      <\/tr>\n      <tr>\n        <td>Sanctioned Countries<\/td>\n        <td>Myanmar, Syria, Iran, North Korea, Afghanistan<\/td>\n        <td>Any client connections, transaction flows, and beneficial ownership links<\/td>\n      <\/tr>\n      <tr>\n        <td>FATF High-Risk Jurisdictions<\/td>\n        <td>Countries on the grey list (increased monitoring) or the black list (countermeasures)<\/td>\n        <td>Strategic AML deficiencies, adequacy of the client's own compliance procedures<\/td>\n      <\/tr>\n      <tr>\n        <td>Offshore Financial Centres<\/td>\n        <td>British Virgin Islands, Cayman Islands, Jersey, Guernsey, Panama<\/td>\n        <td>Whether used for legitimate tax planning or ownership obfuscation, ultimate beneficial owners<\/td>\n      <\/tr>\n      <tr>\n        <td>Real Estate Transactions<\/td>\n        <td>Cash purchases, newly established buyer entities, no connection to property location, investment properties never occupied<\/td>\n        <td>Source of purchase funds, reason for entity structure, connection to property<\/td>\n      <\/tr>\n      <tr>\n        <td>Trust Administration<\/td>\n        <td>Changes to trust terms, new beneficiaries added, indirect benefits to family members<\/td>\n        <td>All parties separately verified, reason for the term changes, the ultimate beneficiaries<\/td>\n      <\/tr>\n      <tr>\n        <td>International Trade<\/td>\n        <td>Imports\/exports to sanctioned jurisdictions, dual-use goods, circuitous shipping routes through high-risk countries<\/td>\n        <td>Trade sanctions compliance, end-use of goods, reason for routing<\/td>\n      <\/tr>\n      <tr>\n        <td>Litigation Funding<\/td>\n        <td>Disputes involving Russian or Middle Eastern parties<\/td>\n        <td>Ultimate funding sources, beneficial parties to dispute outcome<\/td>\n      <\/tr>\n    <\/tbody>\n  <\/table>\n<\/body>\n<\/html>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97280b3 elementor-widget elementor-widget-text-editor\" data-id=\"97280b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW248011636 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW248011636 BCX8\">Red flags\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">don&#8217;t<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">\u00a0auto<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">matically\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">disqualify<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">clie<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">nts<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">\u00a0b<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ut they de<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">mand deepe<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">r inv<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">estig<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ation befo<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">re\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">proceed<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ing<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">.\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">Docum<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ent your e<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">nhanced du<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">e dil<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">igenc<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">e and the\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">basis for\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">your\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">decis<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ion to acc<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ept or dec<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">line\u00a0<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">the e<\/span><span class=\"NormalTextRun SCXW248011636 BCX8\">ngagement.<\/span><\/span><span class=\"EOP SCXW248011636 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0031a6a elementor-widget elementor-widget-text-editor\" data-id=\"0031a6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 aria-level=\"2\"><span data-contrast=\"none\">Additional Resources<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559685&quot;:0,&quot;335559738&quot;:299,&quot;335559739&quot;:299}\">\u00a0<\/span><\/h2><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Financial Action Task Force (FATF):<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><a href=\"https:\/\/www.fatf-gafi.org\/en\/publications\/High-risk-and-other-monitored-jurisdictions.html\" rel=\"nofollow noopener\" target=\"_blank\"><span data-contrast=\"none\">High-risk and other monitored jurisdictions<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Money Laundering Regulations 2017:<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><a href=\"https:\/\/www.legislation.gov.uk\/uksi\/2017\/692\" rel=\"nofollow noopener\" target=\"_blank\"><span data-contrast=\"none\">The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">ICAEW AML Webinars:<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><a href=\"https:\/\/www.icaew.com\/regulation\/aml-supervision\/aml-resources\/on-demand-antimoney-laundering-webinars\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">On-demand anti-money laundering webinars | ICAEW]<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">AML &amp; ID Verification Guide for Accountants:<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><a href=\"https:\/\/figsflow.com\/uk\/complete-guide-to-aml-software-for-accountants-bookkeepers-tax-advisers\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">2025 Anti-Money Laundering ID Check Guide for Accountants in\u00a0<\/span><span data-contrast=\"none\">the\u00a0UK &#8211;\u00a0FigsFlow<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/a><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">AML Software Guide:<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><a href=\"https:\/\/figsflow.com\/uk\/complete-guide-to-aml-software-for-accountants-bookkeepers-tax-advisers\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Complete Guide to AML Software for Accountants, Bookkeepers &amp; Tax Advisors | FigsFlow<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-163e81a elementor-widget elementor-widget-heading\" data-id=\"163e81a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f6ffd1 elementor-widget elementor-widget-text-editor\" data-id=\"9f6ffd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Sanctions compliance complexity\u00a0isn&#8217;t\u00a0decreasing. List updates accelerate.\u00a0Enforcement intensifies. Technology\u00a0becomes essential\u00a0rather than optional.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Review your current verification procedures against MLR 2017 requirements. Calculate the\u00a0true cost\u00a0of manual compliance,\u00a0including opportunity cost and penalty risk. Test automated solutions with real client scenarios during free trials.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Start your\u00a0FigsFlow\u00a0free trial today. Test electronic verification with real clients. Experience how\u00a0sanction screening, PEP checks, and adverse media searches\u00a0are completed\u00a0in 30 seconds.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Protection comes from acting now, not after the next OFSI enforcement action or HMRC supervision visit.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-941478b elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"941478b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tAutomate Your Sanction Screening \t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tSee how FigsFlow handles identity verification, sanction screening, and ongoing monitoring automatically. \t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/figsflow.com\/uk\/book-demo\/\">\n\t\t\t\t\t\tBook a Demo \t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddb8ed2 elementor-widget elementor-widget-heading\" data-id=\"ddb8ed2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9479aa elementor-widget elementor-widget-bdt-accordion\" data-id=\"c9479aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"bdt-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-container\">\n\t\t\t<div id=\"bdt-ep-accordion-c9479aa\" class=\"bdt-ep-accordion bdt-accordion\" data-bdt-accordion=\"{&quot;collapsible&quot;:true,&quot;multiple&quot;:false,&quot;transition&quot;:&quot;ease-in-out&quot;}\" \t\tdata-settings=\"{&quot;id&quot;:&quot;bdt-ep-accordion-c9479aa&quot;,&quot;activeHash&quot;:&quot;no&quot;,&quot;activeScrollspy&quot;:null,&quot;hashTopOffset&quot;:false,&quot;hashScrollspyTime&quot;:false,&quot;closeAllItemsOnMobile&quot;:false}\">\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-who-needs-to-do-sanctions-screening\"\n\t\t\t\t\t\t\tdata-accordion-index=\"0\" data-title=\"who-needs-to-do-sanctions-screening\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tWho needs to do sanctions screening?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW34559185 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW34559185 BCX8\">Every UK business and individual must\u00a0<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">comply with<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">\u00a0sanctions regulations, regardless of sector.\u00a0<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">This<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">\u00a0includes accountants, solicitors, estate agents, bookkeepers, and anyone conducting financial transactions or holding client fu<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">nds. The obligation exists independently of whether\u00a0<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">you&#8217;re<\/span><span class=\"NormalTextRun SCXW34559185 BCX8\">\u00a0regulated under MLR 2017.<\/span><\/span><span class=\"EOP SCXW34559185 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-why-have-i-been-flagged-as-a-pep\"\n\t\t\t\t\t\t\tdata-accordion-index=\"1\" data-title=\"why-have-i-been-flagged-as-a-pep\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tWhy have I been flagged as a PEP? \t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW168685285 BCX8\"><span class=\"SCXW168685285 BCX8\">\u00a0<\/span><\/span><span class=\"TextRun SCXW168685285 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW168685285 BCX8\">You&#8217;ve<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0been identified as a Politi<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">cally Expose<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">d Person because you h<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">old or recently he<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">ld a prominent p<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">ublic function like seni<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">or governm<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">ent official, military leader,<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0jud<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">ge, or state-owned enterprise dire<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">ct<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">or. PEP status\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">doesn&#8217;t<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0prohibit\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">business<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">relationships<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0but trigger<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">s Enhanced Due<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0Diligence requireme<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">nts<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">,<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0including\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">establ<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">ishing<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">the\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">source\u00a0<\/span><span class=\"NormalTextRun SCXW168685285 BCX8\">of wealth and funds.<\/span><\/span><span class=\"EOP SCXW168685285 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-what-are-the-three-main-types-of-sanctions\"\n\t\t\t\t\t\t\tdata-accordion-index=\"2\" data-title=\"what-are-the-three-main-types-of-sanctions\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tWhat are the three main types of sanctions? \t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW263589796 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW263589796 BCX8\">Financial sanctions free<\/span><span class=\"NormalTextRun SCXW263589796 BCX8\">z<\/span><span class=\"NormalTextRun SCXW263589796 BCX8\">e assets and prohibit transactions with designated persons. Trade sanctions restrict imports, exports, and services to specific sectors or countries. Travel bans prevent designated individuals from entering\u00a0<\/span><span class=\"NormalTextRun SCXW263589796 BCX8\">the\u00a0<\/span><span class=\"NormalTextRun SCXW263589796 BCX8\">UK<\/span><span class=\"NormalTextRun SCXW263589796 BCX8\">. Sectoral sanctions targeting specific industries are sometimes considered a fourth type.<\/span><\/span><span class=\"EOP SCXW263589796 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-what-is-a-sanctions-list\"\n\t\t\t\t\t\t\tdata-accordion-index=\"3\" data-title=\"what-is-a-sanctions-list\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tWhat is a sanctions list? \t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW179163913 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW179163913 BCX8\">A sanctions list is a government-maintained database of individuals, entities, ships, and\u00a0<\/span><span class=\"NormalTextRun SCXW179163913 BCX8\">aircraft<\/span><span class=\"NormalTextRun SCXW179163913 BCX8\">\u00a0subject to restrictions. The UK Consolidated Sanctions List\u00a0<\/span><span class=\"NormalTextRun SCXW179163913 BCX8\">contains<\/span><span class=\"NormalTextRun SCXW179163913 BCX8\">\u00a0over 57,000 active records across 300+ programmes. Other lists include UN Security Council designations, EU sanctions, and US OFAC lists.<\/span><\/span><span class=\"EOP SCXW179163913 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-how-is-sanctions-screening-done\"\n\t\t\t\t\t\t\tdata-accordion-index=\"4\" data-title=\"how-is-sanctions-screening-done\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tHow is sanctions screening done?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW52087151 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW52087151 BCX8\">Sanctions screening compares client names, dates of birth, addresses, and entity registration numbers against sanctions lists using fu<\/span><span class=\"NormalTextRun SCXW52087151 BCX8\">z<\/span><span class=\"NormalTextRun SCXW52087151 BCX8\">z<\/span><span class=\"NormalTextRun SCXW52087151 BCX8\">y matching algorithms to catch name variations. Screening must occur at client onboarding, during ongoing monitoring at least annually, and at\u00a0<\/span><span class=\"NormalTextRun SCXW52087151 BCX8\">the\u00a0<\/span><span class=\"NormalTextRun SCXW52087151 BCX8\">transaction level when transferring funds to new payees.<\/span><\/span><span class=\"EOP SCXW52087151 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Sanction screening is mandatory, but HMRC won&#8217;t tell you how to do it properly and those \u00a3200 webinars are useless. Here&#8217;s the complete implementation guide for free. <\/p>\n","protected":false},"author":31,"featured_media":31921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tocer_settings":[],"footnotes":""},"categories":[67,6],"tags":[11],"class_list":["post-31889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accountants","category-blog","tag-compliance"],"acf":[],"_links":{"self":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts\/31889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/comments?post=31889"}],"version-history":[{"count":2,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts\/31889\/revisions"}],"predecessor-version":[{"id":33589,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts\/31889\/revisions\/33589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/media\/31921"}],"wp:attachment":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/media?parent=31889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/categories?post=31889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/tags?post=31889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}