Sanctions by the U.S., UK, EU and other ally countries (e.g. Canada, Australia, and Japan) are increasingly being used in response to Russia’s invasion of Ukraine. This unprecedented coordination has become an economic death sentence on Russia with reverberating impacts to global trade networks.
In the backdrop, multinationals and financial institutions are self-imposing sanctions while facing greater uncertainty, disrupted supply chains and regulatory risk. Those exposed to the war are continuing to evaluate business operations, realign their trade networks, reassess their compliance programs and seek counsel for regulatory disclosures.
Evaluating your exposure to risk is even more important, and we’re here to help. Kroll provides end-to-end governance, advisory and monitorship solutions to detect, mitigate and remediate operational security, legal, compliance and regulatory risk. Our focus is on minimizing exposure to risk across third-party lifecycles though comprehensive solutions that leverage technology and human-driven capabilities.
Learn more about how we’re helping our clients navigate social, regulatory and reputational risk:
- Implementing robust sanctions monitoring mechanisms on third-parties
- Re-vetting third-parties to identify new exposure to sanctioned individuals and companies
- Reviewing maritime vessels and logistics networks for sanctions evasion tactics
- Updating political risk analysis in increasingly unpredictable markets
- Optimizing third-party cyber risk management programs
- Building resiliency in supply chains
- Providing 24x7 cyber incident support
Follow our resource center for additional updates.
Reach out to your account manager or email our Compliance experts at ContactCRD@kroll.com for further support.