The SRA have written:
“There will now be a programme of on-site inspections and desk-based reviews to assess firms’ sanctions risk exposure and how they are mitigating their risk.”
Remember that they have gathered responses from all firms they regulate on how they comply. Now they will check.
We have anticipated this and have in place support & assistance packages which match that which we provide regarding AML compliance.
Sanctions Compliance Assistance
Sanctions Policy Documents & PWRA Review
Sanctions Regime - Independent Compliance Audit
Sanctions Compliance Update Retainer
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