Keeping up to date with knowledge about and your obligations to comply with the UK and indeed the EU and US Sanctions regimes is hard. This is a very fast moving area with organisations and people being added almost on a daily basis. Compliance is mandatory with strict liability. The SRA is now actively asking law firms to explain what steps they take to comply. We are certain that they will follow the same approach as they have for AML compliance - and follow up their initial questions with later audits to check. Its logical.
We can help you. We carry out a review of your current policy documents and provide you with advice on what needs to be done in accordance with the current regulations.
This is a project with a one-off charge payable up front.
What we will do
A remote review of your current Sanctions Compliance policy against the current regulatory requirements with a report on what needs to be done to bring them up to date. A review of your Practice-wide Risk Assessment (template can be provided). This will be done from documentation supplied by you. We will advise you of what is required.
All work is carried out remotely. Unless by separate arrangement.
£500 + VAT
If you go for a similar review of your AML Policies,PWRA & PFRA at the same time we offer a discounted combined price of £995 + VAT (which would mean a discount of £255 + VAT on the combined price)
Other Sanctions compliance help
Feel free to contact us, ideally by using the 'How can we help you?' form below.