South Africa is not completely new to the sanctions environment both from a receiving and enforcement end. However, surprisingly so, there are still not a wide and extensive understanding of how international sanctions affects the local industry and more realistically, what good looks like from a compliance perspective.

In this article Kevin West endeavours to shed light, specifically for the layman, on the local sanctions regime and the obligations created by sanctions on the local financial services industry.

For further information please contact Linda Bertolissio or Riina Rintanen.