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A former adviser to President Obama predicts continuity by the Trump administration in the frequent use of sanctions in foreign policy.

According to Adam Smith, a Partner at Gibson Dunn & Crutcher LLP, President Trump will maintain the trend that began under George W. Bush. Since 2000, there has been a nearly 300 per cent increase in sanctions programs in the US, with a commensurate increase in complexity in implementation, enforcement and compliance. Says Smith,
“Trump’s actions in his first month of office already suggest a continuation of the trend.”

 There has been a 300% increase in sanctions programs since 2000

It stands to reason that up-to-date sanctions data will become even more critical in the global economy. Only WorldWatch Plus refreshes sanctions data daily from more than 1,600 global sources. With data refreshed daily, each AML, KYC or due diligence search is fulfilled with the current information from global watch list and sanctions data sources. Current information is critical in global business, where failing to uncover a current sanction creates compliance risk, and inaccurately referencing a sanction that has been lifted has reputation risk.

Read the full article at: gulfnews.com