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Economic sanctions
Now you can buy sanctions risk management products in EY on-line store.
Check our offer and find out more about sanctions and EY services - see below for details.
Find out more what we can offer in EY on-line store:
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Sanctions risk management
We offer comprehensive preparation of the organization for sanctions risk management.
We support companies in all areas, such as:
- process
- policies and procedures
- segmentation of counterparties (risk factors)
- IT tools and data repositories
- contractual statements and clauses
- sanctions lists
- organizational structure and personnel
- scope of duties
- sanctions monitoring and reassessment
- trainings
Training and workshop
Training with customized workshop aimed at familiarizing participants with economic sanctions and designing - with EY support - a high-level action plan to achieve compliance with sanctions.
Scope of the training is fixed, workshop will be tailored to specifics of the Client.
- The training and workshop is a 1 day event.
- Price (excluding VAT): EUR 3750
- Completion time: To be agreed individually with the Client
Bulk sanctions screening
Automatic matching of counterparties with sanction lists. Verification is based on the input data provided by Client.
For positive matches, Client will receive information about corresponding sanction lists with available details. Each positive match has a metric informing about the quality of the match. Results of sanction screening is provided in the predefined table in MS Excel.
Price (excluding VAt):
- up to 200 counterparties: EUR 1300 (completion date: 3 business days)
- 200-999 counterparties: EUR 2000 (completion date: 4 business days)
- 1,000-10,000 counterparties: EUR 2700 (completion date: 4 business days)
- 10,000-30,000 counterparties: EUR 4400 (completion date: 5 business days)
- More than 30,000 counterparties - the price is agreed individually
Embargo on goods and services
Verification of goods and services in light of imposed sanctions and embargos. Verification relies on following factors:
- CN/HS code
- Technical specification
- Use of goods and services
The result of the review is provided in a written report.
Price (excluding VAT):
Verification of single product or service (excluding verification of correct CN application):
- EUR 625 - regular service (6 business days)
- EUR 1000 - express service (3 business days)
Verification of single product or service with confirmation of correct CN application
- EUR 875 - regular service (8 business days)
- EUR 1250 - express service (4 business days)
Verification of single product or service with confirmation of correct CN application and verification of DUAL USE application:
- EUR 1125 - regular service (8 business days)
- EUR 1500 - express service (4 business days)
Completion time:
- Verification of single product or service w/o CN application – 6 business days regular/3 business days express
- Verification of single product or service with CN application – 7 business days regular/3 business days express
- Verification of single product or service with CN application and DUAL USE – 8 business days regular/4 business days express
Sanctions - counterparty deep-dive review
Deep-dive analysis of the counterparty focusing on owner(s) and UBO. Analysis involves gathering information about:
- ownership structure,
- ultimate beneficial owners (UBOs),
- adverse information available in the public domain
If the available information is insufficient, we prepare questions to the counterparty to supplement facts.
Findings are presented in EY report, prepared in either Polish or English.
Price (excluding VAT):
Legal entity analysis
- EUR 1800 - standard regular service
- EUR 2200- express service
Natural person analysis
- EUR 1000 - standard regular service
- EUR 1300 - express service
Completion time:
- 4 business days - for regular service
- 2 business days - for express service
Our strength is the ability to connect people and technology
We help our clients adapt to dynamic changes in sanctions and foreign trade restrictions .
We have unique knowledge and practical experience in analyzing complex ownership structures (including foreign entities, also off-shore companies) and identifying beneficial owners (UBOs) which we have gained in the course of numerous anti-money laundering (AML) and economic sanctions projects.
We have built a qualified team operating in Central and Eastern Europe with the necessary language skills and knowledge of sanctions circumvention schemes.
We have an access to sanction monitoring tools utilizing local information sources and sanctions databases, and a proven track record of managing sanctions breach risk, identifying high-risk counterparties, and performing in-depth verification of high-risk individuals and entities.
Contact us
Interested in the changes we have made here,
contact us to find out more.