Solution introduction

Stay ahead of the wave of sanctioned securities

The Sanctioned Securities Monitoring Service from SIX takes the pain out of maintaining your do-not-trade, hold or service lists. By subscribing to our straightforward list of prohibited and “watched” entities, you can swiftly identify those to avoid and take action ahead of sanctions enforcement

The Sanctioned Securities Monitoring Service from SIX brings together a wealth of securities information, plus analysis of sanctioned entities and sanctions regimes for pre- and post-trade screening. In addition to a daily scrubbed list of tainted entities, SIX experts detail changes to corporate structures and other events that may bring new securities into scope. Combined with watch lists of at-risk entities, you get a clear, at-a-glance overview of the global sanctions picture and your own risk exposure.

Identifying securities related to a sanctioned domicile or company may seem straightforward, but the reality couldn’t be more different. With the emergence of sectoral sanctions, determining sanctioned entities and their issued securities, and uncovering domestic or foreign subsidiaries (or other holdings of more than 50%) is a significant challenge. Compliance teams must also determine whether securities issued by those subsidiaries are affected. Verifying whether sanctioned individuals have beneficial ownership is a critical step in compiling your firm’s list of ‘do not trade’ securities, but it doesn’t stop there.

It’s also important to understand your exposure to securities affected by persons or entities added to any watchlists or ‘high risk’ lists so you can react quickly. With our core competence in data aggregation and scrubbing, SIX helps you avoid compliance mistakes that might result in serious reputational damage and the possibility of significant fines.

Subscribe to our newsletters

The Wealth Mosaic publishes a range of newsletters each month to help both wealth managers and solution providers stay on top of the latest developments in the global wealth management sector. Click below to sign up to those that are of interest.