Survey Report: Companies bullish on new tech amid enhanced sanctions scrutiny
Provided by 
Certa2023-11-27T14:36:00
If sanctions are the top enforcement priority for the Department of Justice, companies have got the message, according to a recent study.
Nearly half the respondents to a survey conducted by Compliance Week and third-party risk management software provider Certa said increasing regulatory scrutiny was the main factor driving their organization’s adoption of technology for third-party due diligence and sanctions compliance. Three-fourths of respondents described sanctions compliance and third-party due diligence as “very important” to their organizations, though complications remain when ensuring sanctions compliance programs reflect the business’s risk profile.
In this report, you will learn:
- How senior compliance practitioners envision the future of sanctions compliance and third-party due diligence efforts
- Technology opportunities to enhance sanctions compliance and due diligence
- Obstacles to adopting new technologies
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