Glossary > Sanction list

Sanction list

What are sanction lists?

Worldwide governments are establishing sanction lists that blacklisted economic blacklists individuals and entities.

They list individuals or organizations that engaged in illegal activities such as money laundering which represent increased risks. Therefore, companies cannot do business with sanctioned people or entities. Governments now also blacklisted individuals and entities involved in illegal cryptocurrency activities.

Sanction lists are part of AML policies. Obliged companies must thus put in place sanctions controls to remain compliant.