Sanction Checks - The onus is on us!
The Legal requirement to check Sanctions on every transaction is not a new thing. In fact it is a mandatory obligation that we as financial organisations must comply with and has been for a few years now. What happens if we transact business with someone on the list? Well, it's not worth thinking about, needless to say it is looked upon as a crime with a heavy sentence to boot! An unfortunate sign of the times.
U-Sure's systems automatically check the sanctions list which is recorded on our data base, which means you can have peace of mind that a double check is in place.
For more information on sanctions and to download the list click here Sanctions List