The sanctions list is a database of individuals and organisations that are known or suspected to be involved with terrorism.

It is the aim of the list to ensure that financial institutions and firms do not aid these individuals and organisations in the transfer or manipulation of funds.

The financial sanctions list is updated frequently but without consistent regularity. Therefore it is important to ensure that the list against which you search your clients’ details, is the most current.

The body responsible for compliance with Financial Sanctions obligations is the HM Treasury.