Friday, February 26, 2021
Corporate Compliance Insights
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Articles
    • See All Articles
    • NEW: COVID-Related
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
    • Compliance & Risk
    • Information Security
  • Events
    • Webinars & Events
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Articles
    • See All Articles
    • NEW: COVID-Related
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
    • Compliance & Risk
    • Information Security
  • Events
    • Webinars & Events
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
Corporate Compliance Insights
Home GRC Vendor News

Thomson Reuters Launches Russian Sanctions Tracking Service

by Corporate Compliance Insights
May 18, 2015
in GRC Vendor News
Thomson Reuters Launches Russian Sanctions Tracking Service

New service to help financial institutions and their investment and trading intermediaries comply with OFAC & EU Sectoral Sanctions

NEW YORK/LONDON, May 18, 2015 – Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of its Russian Sanctions Tracking Service. In July 2014, the European Union (EU) and the Office of Foreign Assets Control (OFAC) issued a number of executive orders and sectoral sanctions against Russia in retaliation for the Russian government’s annexation of Crimea and its activities to destabilize Ukraine. The result of these sanctions has imposed an additional burden on investment and trade compliance as financial institutions and infrastructure providers must ensure they do not trade or settle new debt or equity issued by sanctioned entities.

Thomson Reuters Russian Sanctions Tracking Service provides financial institutions and their investment and trading intermediaries with the required information on sanctioned entities, their subsidiary relationships and all instruments that are specifically impacted by the sanctions. The service also includes daily updates to track any corporate actions related to sanctioned entities and new issuance of debt and equity that are restricted as a result of the sanctions.

Furthermore, Thomson Reuters Russian Sanctions Tracking Service leverages existing content and legal entity data to track Russian subsidiaries and any new instruments issued by these entities. The service is delivered via Thomson Reuters DataScope Select, the strategic platform for non-streaming content, and benefits from its support infrastructure, regular updates of its entity and instrument sanctions list, as well as proactive alerts for any new issues.

“Our new Russian Sanctions Tracking Service is an excellent addition to our existing Russian Sanctions screening solution available through World-Check,” said Phil Cotter, managing director, head of Risk, Thomson Reuters. “It also shows how Thomson Reuters continues to deliver on its promise to combine assets across the firm in building the products and services customers need to meet their growing global regulatory requirements.”

“Tracking sanctioned instruments represents a massive “connect the dots” challenge to identify the complex subsidiary relationships of Russian entities,” said Tim Lind, head of Regulatory Services, Thomson Reuters. “Thomson Reuters is a leading supplier of corporate hierarchies and securities reference data, so we already have the assets to track the equity and debt issued by sanctioned companies. As part of our ongoing commitment to target regulatory compliance challenges, we’ve combined our market-leading compliance services with our comprehensive reference data services to create a specific solution to address the tracking of Russian sanctions.”

Thomson Reuters also offers Russian Sanctions monitoring through its leading World-Check suite of products. This service monitors over 400 sanctions, watch and regulatory law and enforcement lists, as well as hundreds of thousands of information sources, often identifying high-risk entities months or years before they are listed. World-Check currently exceeds terrorist coverage on the four leading sanctions (OFAC, EU, UN, UK HMT) by more than 70,000 records.

For more information about the Russian Sanctions Tracking Service or the DataScope platform, please contact:
http://www.prdcommunity.com/index.php/solutions/valuation-services

Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com/


Previous Post

Government Contracting: Navigating the Land Mines

Next Post

Employee Fraud Collusion Puts Companies at High Risk

Corporate Compliance Insights

Related Posts

red paper plane breaking rank from white paper planes

Diligent to Become Largest Global GRC SaaS Company Through Galvanize Acquisition

February 24, 2021
gold cup award on red background with stars

Ethisphere Announces the 2021 World’s Most Ethical Companies

February 23, 2021
hands fitting puzzle pieces together on yellow background

LexisNexis® Risk Solutions and Accuity Join Operations

February 18, 2021
concept next generation technology

NICE Launches Next-Gen Compliance Solution

February 1, 2021
Next Post
Employee Fraud Collusion Puts Companies at High Risk

Employee Fraud Collusion Puts Companies at High Risk

Access realtime data
Addressing systemic racism in the workplace SAI Global
Dynamic Risk Assessments with Workiva
Top 10 Risk and Compliance Trends

Special Coverage

Special COVID page graphic

Jump to a Topic:

anti-corruption anti-money laundering/AML Artificial Intelligence/A.I. automation banks board of directors board risk oversight bribery CCPA/California Consumer Privacy Act Cloud Compliance communications management Coronavirus/COVID-19 corporate culture crisis management cyber crime cyber risk data analytics data breach data governance decision-making diversity DOJ due diligence fcpa enforcement actions financial crime GDPR GRC HIPAA information security KYC/know your customer machine learning monitoring ransomware regtech reputation risk risk assessment Sanctions SEC social media risk supply chain technology third party risk management tone at the top training whistleblowing
No Result
View All Result

Privacy Policy

Follow Us

  • Facebook
  • Twitter
  • LinkedIn
  • RSS Feed

Category

  • CCI Press
  • Compliance
  • Compliance Podcasts
  • Cybersecurity
  • Data Privacy
  • eBooks
  • Ethics
  • FCPA
  • Featured
  • Financial Services
  • Fraud
  • Governance
  • GRC Vendor News
  • HR Compliance
  • Internal Audit
  • Leadership and Career
  • Opinion
  • Resource Library
  • Risk
  • Uncategorized
  • Videos
  • Webinars
  • Whitepapers

© 2019 Corporate Compliance Insights

No Result
View All Result
  • Home
  • About
  • Articles
  • Vendor News
  • Podcasts
  • Videos
  • Whitepapers
  • eBooks
  • Events
  • Jobs
  • Subscribe

© 2019 Corporate Compliance Insights