In the wake of swathes of new sanctions launched against thousands of individuals and entities in recent months, compliance teams in financial institutions have been struggling to keep up, with employees left sifting through rising numbers of false positives and a dangerous amount of false negatives.

And as the volume and complexity of sanctions increases, so too does the risk for banks and financial institutions, with regulators cracking down on breaches and taking a hard line on supply-chain related sanctions risk as well as UBO, onboarding and ongoing monitoring.

As a result, pressure on compliance teams is building rapidly to ensure their regulatory reporting and screening programmes meet requirements, all while staff and skills shortages increase the burden on employees.

To tackle these challenges, some organisations are exploring the potential of AI and data analytics to automate manual tasks, reduce false positives and improve regulatory reporting.

This webinar with a panel of expert speakers focuses on the key challenges that compliance teams face in the current risk landscape and the role technology is playing in helping to manage the surge in sanctions.