The European Union and U.K. have rushed to commit themselves to intensifying action on sanctions evasion after U.S. President-elect Donald Trump’s victory. Trump has expressed scepticism about sanctions regimes, but any compliance managers who believe this will make global sanctions compliance easier in 2025 are likely to be disappointed.
Instead, compliance managers should prepare for faster investigations as well as increasing numbers of prosecutions. They should also be looking to increase due diligence and continuous screening to ensure compliance across their operations, as regulators seek to tackle sophisticated sanctions evasion networks.
