Are Russia Sanctions Effective at stopping Russia? Sanctions are only as good as the controls that are designed to implement them. For many of us wanting to make a difference and wanting to know that our efforts are making a difference in the #UkraineCrisis, below is a quick tire-kicking list for your Sanctions program.
#REMEMBER most engineers do not understand Sanctions Regulations, most sanctions officers do not have a systems or data background, and at times both of these groups can fail to have a deep understanding of the business they support, its data, or processes. It is nearly impossible to find people that have subject matter expertise on all three.
#CONNECTING #THE #DOTS That being the case, its important to ask yourself, your engineers, and your front line very rudimentary questions to identify and mitigate potential blind spots. These very basic discussions can lead to a world of growth, understanding, improved controls, and even increased efficiencies!!
👀 #WANT #MORE #SANCTIONS #GUIDES:
– Like and Follow Crystal Noe, M.S.
– Like and Follow Noe Compliance
– Also, follow NoeCompliance on TikTok
📢 More screening guides and videos are on their way!!
#Russia, #Ukraine, #Cybersecurity, #MoneyLaundering, #Sanctions, #War, #Belarus, #cyberattcks #NLP #Crypto #UkraineCrisis #citi #mufg #jpmorgan #meta #circle #coinbase #bitcoin U.S. Department of the Treasury #OFAC
