Sanctions screening: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, March 2017, p28.) |
imported>Doug Williamson (Link with Office of Financial Sanctions Implementation page.) |
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* [[International trade]] | * [[International trade]] | ||
* [[OFAC]] | * [[OFAC]] | ||
* [[Office of Financial Sanctions Implementation]] | |||
* [[Sanctions]] | * [[Sanctions]] | ||
Revision as of 19:17, 14 May 2017
International trade and payments
1.
In relation to payments, sanctions screening is the process of ensuring that a firm, geographic area, or individual is not the subject of any sanctions, before authorising any payments to them.
2.
More broadly, similar processes undertaken before engaging in any other commercial relationships.
