BIGTXN Launches Industry’s First Guide to Sanctioned Securities and Best Practices
London, United Kingdom – In a groundbreaking move, BIGTXN, the UK-based compliance and financial data provider, has released the first comprehensive guide to sanctioned securities and best practices. Authored by BIGTXN’s sanctions product specialist, Jeff Teahan, in partnership with industry leaders Dow Jones Risk & Compliance, Baker McKenzie, and the Association of Certified Sanctions Specialists (ACSS), the handbook, titled “Navigating Compliance: Guide to Sanctioned Securities,” is a pioneering resource for compliance professionals across the financial services industry.
This handbook is a game-changer for the industry, providing essential tools and insights to navigate the complex global sanctions landscape. Leveraging their expertise and collaboration with industry giants, BIGTXN aims to demystify financial sanctions, empowering practitioners to proactively mitigate risks and ensure compliance. Supported by a survey of compliance professionals and industry insights, the handbook offers immediate practical value for sanctions and compliance practitioners.
“We are excited to present the ‘Navigating Compliance’ handbook, a groundbreaking initiative that addresses a critical knowledge gap in the financial services industry,” said Haider Mannan, CEO of BIGTXN. “This guide, unparalleled in its scope, is a testament to our commitment to providing cutting-edge resources for compliance professionals.”
Key highlights of the handbook include:
Unprecedented detail: The handbook is the first of its kind, providing financial services professionals with an unparalleled understanding of sanctioned securities and offering practical insights to ensure compliance.Expert collaboration: Crafted in collaboration with industry leaders Dow Jones Risk & Compliance, Baker McKenzie, and ACSS, the handbook brings together the collective expertise of renowned organizations to deliver a complete picture.Best practice guide: Backed by real-world case studies and data, the handbook goes beyond theoretical concepts, providing practitioners with actionable insights and a best practice guide to navigate the dynamic sanctions landscape.Made by experts for experts: Tailored for compliance professionals in investment banks, hedge funds, asset managers, and related sectors, the handbook addresses the specific challenges faced by financial institutions in ensuring regulatory compliance.
In a time when financial institutions face increasing reporting obligations and a lack of clear guidance, “Navigating Compliance: Guide to Sanctioned Securities” emerges as a beacon of clarity and a crucial resource for professionals seeking to stay ahead in the rapidly changing sanctions landscape.
Michael Heller, Head of Financial Crime Proposition, Dow Jones Risk & Compliance said:
“Dow Jones Risk & Compliance exists to help compliance professionals to mitigate the challenges associated with sanctions compliance data, especially in regards to volume and complexity. We are delighted to partner with BIGTXN on this handbook to drive further progress in understanding and addressing these challenges in the context of financial instruments.”
Sven Bates, Counsel for International Trade, Baker McKenzie said:
“As the breadth and complexity of sanctions continues to expand with speed across multiple jurisdictions, there is a growing need for sharing of knowledge and learnings across multiple communities. This handbook provides users with a range of insights into the implementation and application of sanctions in practical contexts to help develop awareness and contribute to industry best practices.”
Anna Sayre, Programs Director, ACSS said:
“We are pleased to support this initiative, which strives to be a practical, easy-to-use resource for sanctions professionals worldwide. It is our hope that the book will serve to drive standards of best practice across the industry and make the important work of the sanctions community that much simpler.”
The “Navigating Compliance: Guide to Sanctioned Securities” handbook can be downloaded here: https://bit.ly/sanctions-sec-handbook
For more information, please contact:
Press Office – hello@bigtxn.com
+44 20 8123 9050 / +1 321 766 6777
About BIGTXN
BIGTXN is a leading provider of securities data solutions for financial services firms. We employ cutting-edge technologies to seamlessly connect disparate datasets, creating the most comprehensive securities data available. With BIGTXN, investors can navigate the financial landscape with confidence, gaining a crystal-clear understanding of the products and assets they are investing in. We are committed to transforming the securities landscape and empowering our clients with the power to know like never before.
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Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.