Sanctions are measures used by national governments, supranational bodies and international organisations to support national security interests and/or advance foreign policy objectives. The requirements of different sanctions regimes will often vary depending on the government or body administering them, their intended aims, and the individuals, groups, vessels and entities they target. However, measures commonly imposed include the following:
We are committed to ensuring the financial wellbeing of people, businesses and communities by ensuring we comply with the applicable sanctions regulations.
In light of the differences amongst sanction laws of nation states, we have a Group-wide policy which acts as basis for the development of appropriate internal procedures. We are committed to:
We undertake due diligence on:
The purpose of this due diligence is to ensure that we:
If you have any questions regarding the Group’s Economic & Trade Sanctions Policy call us on 13 17 19.