News & insights

NCA's Red Alert on Russia's Sanctions Evasion

Written by Insight & Partnership Team | Dec 1, 2023 11:19:00 AM

The alert provides information on:

  • Red flag indicators of sanctions evasion for the financial sector; and
  • Firms’ continuing data protection and suspicious activity reporting obligations.

Firms should view the NCA notice to remain attuned to sanctions evasion techniques, and take any appropriate action in complying with their sanctions compliance requirements.