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In the News Press Release

Bob Appleton Quoted at Length in Law360 on the Need for Banks to Upgrade Financial Sanctions Compliance

Publisher: Law360
April 3, 2015

Bob Appleton was quoted in the article, "Changing Sanctions Policies Force Banks To Be Nimble," in Law360. The article discusses how potential major changes in U.S. sanctions' policies will require that banks become better at identifying problematic international transactions that might violate sanctions. At present, banks rely on a mix of technology and human expertise to avoid violations. Bob notes that compliance officers' reviews of transaction violations will have to be even more thorough than they were in the past if sanctions' regimes change to take into account policy changes with Iran and Cuba.


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