Tracking Daily Sanctions Updates.

Keeping track of the frequent changes on global sanctions lists is anything but easy: New entries are added, existing entries change or get removed - and all that at a very fast pace.

In 2019 there were list changes every second day on U.S. OFAC SDN, EU, UK and UN Sanctions Lists, affecting thousands of listed parties (see our upcoming analysis for details). At the same time, the list volumes grew strongly: In the case of the U.S. OFAC SDN List, the number of list entries rose by over 9%.

The high frequency (and unpredictability) of sanctions lists changes causes a lot of pressure for sanctions practitioners. Because it is not only vital to stay on top of these developments for risk mitigation - but also in order to optimize the efficiency of own screening systems, tools and processes.

Of course it is possible to subscribe to the newsletters of the different regulators/authorities with updates of sanctions lists changes. However, a sound, detailed, comparable (and publicly accessible) overview of sanctions updates across global sanctions lists, regulators and programs is missing.

The research platform sanctions-intelligence.com offers daily updates of global sanctions list in a harmonized overview. These 'Global Sanctions Updates' are intended to deliver practitioners an overview on current developments and enable them to cross-check important information.

Outline:

1.) What is it - in a nutshell?

2.) What does it cover in detail?

3.) How does it work?

4.) Is this free of charge?

About sanctions-intelligence.com

1.) 'Global Sanctions Updates': What is it - in a nutshell?

'Global Sanctions Updates' is a daily updated and harmonized overview of sanctions list changes from selected U.S., EU, UK and UN Sanctions Lists and their details. It is a section of the research platform sanctions-intelligence.com.

2.) What does this cover in detail?

The update coverage contains U.S. OFAC SDN List, EU Consolidated List, UK HMT and UN Consolidated Sanctions Lists - on a daily basis. Additional coverage is in preparation.

Overview table: See at a glance, which sanctions lists have changed, when and how.

The system monitors additions, removals and changes and displays the results with a breakdown on the sanctions program level, along with the current list volumes (numbers of entries/sanctioned parties).

Primary source information: Click on '[Doc]' in the right column to open related documents/press releases for details of the sanctions list change.

Sanctions profile: Click on an entry in the list to open a detailed profile with additional figures and characteristics.

The Delta Comparison View enables users to deep dive into the details of a particular sanctions list amendment - on the entry level.

For practitioners it is helpful to see not only, which single entries were added or removed from a list - but in particular, what exactly has changed. This is displayed on datafield level.

Click on 'Open sanctions list' to open sanctions list directly (primary source).

Click on 'Release' to open related press release/information.

Click on sanctions program name to open a detailed sanctions profile.

3.) How does it work?

The analysis of the 'Global Sanctions Updates' on sanctions-intelligence.com is based on primary data:

• A crawler pulls available sanctions lists data directly from US ITA, EU, UK and UN authorities websites on a regular basis - at least daily.
• A sophisticated methodology and various algorithms analyze each of the downloaded sanctions lists: Identification of added, changed and removed entries - and amended content. This includes among others a statistical analysis of characteristics such as types of entries or country affiliations by sanctions list and others.
• Harmonization and display of results across sanctions lists in an overview table and 'delta comparison' view, along with source data.

This data is the basis for our published weekly, monthly and topical analyses as well. Please see comments section for further details on the methodology: https://sanctions-intelligence.com/list-changes/ (bottom of the page).

4.) Is this service free of charge?

Sanctions-intelligence.com is designed as a freemium model: The last three entries in the update table are visible without login at the moment. Further details require a subscription. Please see website for different pricing options. A subscription can be purchased here: https://sanctions-intelligence.com/subscription/

About sanctions-intelligence.com

Sanctions-intelligence.com is a knowledge platform with information about global sanctions lists and their details, regular analysis and a directory of products and experts where help can be found when needed.

It includes:

• Global Sanctions Repository: Knowledge database of numerous sanctions lists/programs - accessibility, formats, content analysis, search options and more.
• Global Sanctions Updates: Daily updated and harmonized overview of sanctions list changes.
• News and Analyses: Weekly, monthly, topical analyses and more.
• Sanctions Products and Services: Directory of sanctions-related commercial offerings such as software products, data/list vendors, advisory services and more.

A subscription to the platform can be purchased here: https://sanctions-intelligence.com/subscription/.

For listing options of products and services or sponsorship options please get in touch.

Sanctions-intelligence.com is is a subset of the Global Compliance Research Directory (GCRD), a meta database about public records for compliance and due diligence research. 

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