Europe Consolidated
**Overview:
**The Europe Consolidated dataset provides critical information on European sanctions, regulatory compliance, and legal risks, aiding compliance and legal departments in managing potential risks associated with European operations.
| Attribute | Details |
|---|---|
| Departments Involved | Compliance, Legal, Risk Management, International Operations |
| Key Risks Identified | Non-compliance with European sanctions, financial penalties, reputational damage, operational restrictions, potential legal actions from regulatory bodies |
| Focus Areas | Screening entities against the Europe Consolidated Sanctions List, Assessment of EU sanctions compliance, Monitoring updates to the sanctions list, Evaluating impacts on business operations |
| Source | European Consolidated https://webgate.ec.europa.eu/europeaid/fsd/fsf/public/files/xmlFullSanctionsList_1_1/content?token=dG9rZW4tMjAxNw |
| Period Source | 2016 |
| Compliance Framework | Ensures adherence to European sanctions regulations, protecting businesses from financial and operational risks |
| Used For | -Litigation history |
| -Defaulter & Blacklist mentions | |
| -Promoter & Related Party quality |
Data Management and Maintenance
The Europe Consolidated dataset is updated as the cases are filed/resolved as cases are filed or resolved. The dataset is fetched entirely from the source and backed up locally in MySQL for quick access and analysis.
Compliance and Regulatory Framework
This dataset supports companies in ensuring compliance with European Union sanctions and regulatory requirements. Regular updates to the sanctions list are monitored, helping businesses avoid penalties and operational disruptions.