Valerijus Ostrovskis,Coline Cauvin,Delphine Buyle
2 articles on Global Investigations Review
Appears on
Articles2
Belgium’s sanctions framework: EU sanctions, national enforcement and recent developments
Both EU and UN sanctions are enforced in Belgium, with a focus on terrorist financing and Russia-related measures. Key authorities include FPS Finance and Economy, with customs playing a gatekeeper role. Enforcement combines criminal and administrative penalties. Belgium’s Euroclear hosts frozen Russian assets, highlighting its critical role amid expanding E
Sanctions issues arising for financial and regulated institutions
Financial institutions face growing sanctions compliance demands, spanning onboarding, due diligence, transaction monitoring, reporting, correspondent banking and fintech. The authors highlight risks from circumvention, secondary sanctions, data constraints and export controls, arguing that institutions must strengthen governance, technology and cross-functi