How to Conduct a Sanctions Risk Assessment
A framework for evaluating your organization's sanctions exposure and prioritizing compliance efforts.
Risk factors
Consider your geographic exposure, customer types, transaction volumes, products/services, and distribution channels.
Risk rating
Rate each factor as low, medium, or high. Your overall risk profile determines the intensity of screening needed.
Mitigation
Implement screening controls proportional to your risk. High-risk businesses need real-time screening and enhanced due diligence.
How SanctionsAI helps
Free OFAC sanctions screening API. The platform operationalizes the concepts above into a working OFAC screening API workflow.
Next steps: Apply what you've learned with SanctionsAI.