Insights From SAP on Using Data Analytics for Sanctions Compliance

In the sensitive and fast-changing field of sanctions, driven by today’s shifting geopolitical environment, data analytics can help take compliance to the next level. Compliance professionals can harness ever-more diverse data sources to build a clearer picture of a company’s risk, SAP chief legal counsel Keith Huffman explained during a panel hosted by the Society of Corporate Compliance and Ethics. This article addresses how companies can use data analytics to improve their sanctions compliance efforts, distilling insights from Huffman and fellow SAP export controls and sanctions professionals Anisa Makarova and Maria Balan. See “Thoughts From DOJ Experts on Using Data Analytics to Strengthen Compliance Programs” (May 22, 2024).

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