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Panelists break down robust sanctions landscape at TPRM Summit
By 
Jeff Dale2024-06-12T02:35:00
Sanctions compliance officers face myriad challenges as complex geopolitical situations heighten risks worldwide, experts discussed during Compliance Week’s Third-Party Risk Management (TPRM) & Oversight Summit held in Atlanta on June 3-4.
Kristy Grant-Hart, founder and chief executive officer at Spark Compliance Consulting, kicked off the discussion with panelists Joshua Reynolds, head of solutions consulting at GAN Integrity, and Faith Graham, head of governance and TPRM at the World Bank, by breaking down the robust sanctions risk landscape.
Whether it be extended statute of limitations for sanctions violations, increased global scrutiny toward popular social media app TikTok, separate legislation to thwart Iranian petroleum allegedly being funneled through China, or the illicit trafficking of synthetic opioid fentanyl, Grant-Hart said there’s a reason sanctions compliance is considered the new Foreign Corrupt Practices Act.
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