Governance & assurance

Sanctions screening

Published Reviewed

Written and reviewed by Fredrik Surtell

Sanctions screening is checking customers, counterparties, owners, and transactions against sanctions lists — EU consolidated lists, UN lists, and others relevant to the business — both at onboarding and continuously as lists change. EU sanctions apply to all EU persons and companies, not only banks, so exporters and traders need screening tied to ownership data, since a counterparty majority-owned by a listed person is itself off-limits.

Läs definitionen på svenska: Sanktionsscreening

Also known as: Restrictive measures · Sanktioner

Where this term does its work

This definition is general information, not legal advice. Always verify the current official source.