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When Sanctions Fail: The Ovsiannikov Case and Why Enhanced Due Diligence Must Become a Compliance Standard

As geopolitical tensions escalate and global sanctions regimes become more aggressive, the Ovsiannikov case serves as a stark warning: checkbox compliance is no longer sufficient. EDD must become the operational standard — not just in banking, but across every sector involved in high-risk transactions.

6 minute read August 01, 2025 at 12:11 AM
By
Matt Winlaw
When Sanctions Fail: The Ovsiannikov Case and Why Enhanced Due Diligence Must Become a Compliance Standard

6. Vendor Due Diligence: 11.68%



Credit: Bacho Foto/Adobe Stock

In April 2025, the United Kingdom secured its first-ever criminal conviction for a breach of Russian sanctions — a milestone in the global enforcement landscape.

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