Ankura’s economic sanctions team possesses global experience addressing clients’ regulatory and operational issues relating to managing sanctions risk. Our professionals approach our clients’ challenges utilizing the latest technologies, deep subject-matter, geopolitical and operational experience, and expertise across the financial services and other impacted industries. We apply our experience from both in-house and consulting backgrounds to develop the most efficient and cost-effective solutions. Our experts have experience with approaching economic sanctions in America, Europe, Middle East, and Asia.
Solutions:
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Lookback Reviews
- Internally or externally initiated transactional reviews
- Leverage analytics & data strategy solutions
- Assemble and manage teams of sanctions analysts, covering specific areas of product and geographical expertise
- Perform case investigations for final determination of violative activities and associated reporting
- Review conduct of senior management, leveraging eDiscovery and artificial intelligence (AI) solutions
- Interface with relevant regulators, outside counsel, and senior management
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Independent Controls Testing
- Data selection, mapping, model validation, and filter program assessments (NYDFS Part 504)
- List management
- Evaluate rules-based and probability-based matching technology (tuning, testing, and documentation)
- Management information (MI) review and development
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Remediation Programs
- Policies and procedures
- Quality assurance programs
- Investigative process and incident management
- Governance and compliance reporting
- Client account related
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Analytics & Data Strategy
- Deep financial services and operational systems scoping capability
- Proprietary messaging parsing, processing, and matching solution, including stripping assessments
- Advanced analytical nexus matching methodology
- Robotic process automation (RPA) driven due diligence
- Perform systematic and automated testing of compliance controls
- Deploy interactive visual dashboards, automate reporting, and leverage case management solutions
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Monitorship & Independent Oversight
- Serve as primary monitor for regulator mandated monitorship
- Assist legal team with subject-matter expertise and execution of required fieldwork including:
- Lookback
- Rules testing and tuning
- Quality assurance
- Conduct independent audits
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Compliance Program Enhancement
- Compliance risk and controls assessments
- Compliance program and enhancements design
- Program and enhancements implementation and optimization
- Internal audits, investigations, and reviews