Iguality continuously monitors sanctions compliance and screening processes to ensure that all engagements remain lawful, ethical, and aligned with organizational values. Regular oversight guarantees that potential risks are identified promptly and that screening procedures remain effective and up to date.
- Daily Oversight: The Director and Fundraising Manager supervise ongoing compliance, ensuring that all new engagements are screened properly, potential risks are flagged, and documentation is maintained accurately.
- Annual Review: The Board of Directors conducts a formal review of all screening activities, including documentation, potential matches, and exceptions. This review evaluates the effectiveness of procedures and ensures that the policy is applied consistently across all areas of the organization.
- Continue bewaking: Iguality maintains ongoing awareness of updates to international and national sanctions lists, as well as public reports that may affect existing relationships. Any changes are assessed, and appropriate actions are taken to mitigate risk.
- Policy Review: The Sanctions Compliance and Screening Policy is reviewed at least annually, or sooner if organizational changes, legal requirements, or donor obligations necessitate updates. This ensures that the policy reflects current regulations, operational realities, and best practices in sanctions compliance.
Through this structured monitoring and review process, Iguality ensures that sanctions compliance is robust, transparent, and accountable, safeguarding the organization from legal, financial, and reputational risks while maintaining the integrity of its programs and partnerships.