Yes, sanction lists are changing and expanding all the time. New names are added almost daily, and entire lists are updated, extended, or rewritten. But why?
Sanction lists change because the world does. Waivers change and countries’ policies change. Entire countries may suddenly be sanctioned, or perhaps only selected industries, companies, or individuals. We live in a complex, unpredictable world with regulations coming and going and these are also reflected in the sanction lists.
According to a report from the Center for a New American Security (CNAS), the U.S. Office of Foreign Assets Control added more than 2,500 new entities and individuals to its Specially Designated Nationals (SDN) list in 2023. That’s roughly seven every day.
Since these changes are never announced in advance and can happen at any time, they may well affect you at the most inconvenient time (just before take-off!). For you, the operator, these last minute changes cause delays, lost slots, effort and can threaten your reputation.
How do you keep up?
The speed at which the ops room runs, doesn’t leave room for errors or for double-checking against all of these changing and multiplying sanctions. You need processes that allow you to deliver the best possible service to your clients whilst alleviating pressure from your team — manual checks just isn’t it.
That’s where paxfiles.com helps. With over 20+ global sanction lists updated every 30 minutes, the information you rely on is always in date. As well as this, all checks happen quietly in the background, keeping your workflow uninterrupted and your passengers protected.
As the world changes, so do the rules. paxfiles keeps you aligned with both, giving your team the confidence to focus on what they do best: running safe, reliable, and efficient operations.
Want to learn more? Get in touch to see how automated sanctions screening can support your operation.
