EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Economic sanctions
Now you can buy sanctions risk management products in EY on-line store.
Check our offer and find out more about sanctions and EY services - see below for details.
Find out more what we can offer in EY on-line store:
Contact with experts
Need a solution tailored to your needs or want to learn more about sanctions?
- process
- policies and procedures
- segmentation of counterparties (risk factors)
- IT tools and data repositories
- contractual statements and clauses
- sanctions lists
- organizational structure and personnel
- scope of duties
- sanctions monitoring and reassessment
- trainings
Training with customized workshop aimed at familiarizing participants with economic sanctions and designing - with EY support - a high-level action plan to achieve compliance with sanctions.
Scope of the training is fixed, workshop will be tailored to specifics of the Client.
- The training and workshop is a 1 day event.
- Price (excluding VAT): EUR 3750
- Completion time: To be agreed individually with the Client
Automatic matching of counterparties with sanction lists. Verification is based on the input data provided by Client.
For positive matches, Client will receive information about corresponding sanction lists with available details. Each positive match has a metric informing about the quality of the match. Results of sanction screening is provided in the predefined table in MS Excel.
Price (excluding VAt):
- up to 200 counterparties: EUR 1300 (completion date: 3 business days)
- 200-999 counterparties: EUR 2000 (completion date: 4 business days)
- 1,000-10,000 counterparties: EUR 2700 (completion date: 4 business days)
- 10,000-30,000 counterparties: EUR 4400 (completion date: 5 business days)
- More than 30,000 counterparties - the price is agreed individually
Verification of goods and services in the context of applicable sanctions and embargos. Verification relies on following factors:
- CN/HS code
- Technical specification
- Use of goods and services
The result of the review is provided in a written report.
Verification of single product or service – price excluding VAT:
- excluding verification of correct CN application:
- 600 EUR – regular service
- 900 EUR – express service
- with confirmation of correct CN application:
- 800 EUR – regular service
- 1.100 EUR – express service
- with confirmation of correct CN application and verification of DUAL USE application:
- 1.000 EUR – regular service
- 1.350 EUR – express service
Verification of single product or service – price excluding VAT – completion time:
- excluding verification of correct CN application – 6 business days (regular service) / 3 business days (express service)
- with confirmation of correct CN application – 7 business days (regular service) / 3 business days (express service)
- with confirmation of correct CN application and verification of DUAL USE application – 8 business days (regular service) / 4 business days (express service)
Deep-dive analysis of the counterparty focusing on owner(s) and UBO. Analysis involves gathering information about:
- ownership structure,
- ultimate beneficial owners (UBOs),
- adverse information available in the public domain
If the available information is insufficient, we prepare questions to the counterparty to supplement facts.
Findings are presented in EY report, prepared in either Polish or English.
Price (excluding VAT):
- Legal entity analysis:
- 1.800 EUR – regular service
- 2.200 EUR – express service
- Natural person analysis:
- 1.000 EUR – regular service
- 1.300 EUR – express service
Completion date:
- 4 business days – regular service
- 2 business days – express service
Our strength is the ability to connect people and technology
We help our clients adapt to dynamic changes in sanctions and foreign trade restrictions.
We have unique knowledge and practical experience in analyzing complex ownership structures (including foreign entities, also off-shore companies) and identifying beneficial owners (UBOs) which we have gained in the course of numerous anti-money laundering (AML) and economic sanctions projects.
We have built a qualified team operating in Central and Eastern Europe with the necessary language skills and knowledge of sanctions circumvention schemes.
We have an access to sanction monitoring tools utilizing local information sources and sanctions databases, and a proven track record of managing sanctions breach risk, identifying high-risk counterparties, and performing in-depth verification of high-risk individuals and entities.