Real-Time EOCN Sanctions List Synchronization & Screening
Protect your enterprise from legal liability through automated alignment with the Executive Office for Control and Non-Proliferation (EOCN).
The Regulatory Challenge & Non-Compliance Penalties:
Cabinet Decision No. (74) of 2020 mandates that all regulated UAE businesses implement immediate Targeted Financial Sanctions (TFS) checks against the UAE Local Terrorist List and the UN Consolidated List.
Penalty Risk: Failing to execute immediate asset-freezing protocols or failing to subscribe to EOCN broadcasts can result in criminal prosecution, corporate asset freezes, and fines up to AED 5,000,000.
How It Works (The 4-Step Process)
- Infrastructure Audit: We review your current client database and onboarding workflows.
- EOCN Integration: We connect your entity to the official EOCN notification framework.
- SOP Deployment: We implement mandatory procedures for handling partial and full name matches.
- Regular Synchronization: We establish automated daily screening protocols against updated lists.
Applicable Sectors & Alignment
Target Sectors: All DNFBPs, Financial Institutions, Real Estate, Crypto/VASPs, Corporate Service Providers.
Regulatory Alignment: Cabinet Decision No. (74) of 2020 & Executive Office for Control and Non-Proliferation
What We Deliver (Tangible Deliverables)
- Direct configuration of automated EOCN broadcast email notifications.
- Development of internal Asset Freezing & Prohibition Procedures SOPs.
- Design of a formal Escalation & Reporting SOP for positive matches.
- Real-time screening integration for daily customer database checks.
- Tangible Asset Received: EOCN Compliance SOP Manual & Audit-Ready Screening Logs.
Service FAQ
Q: What happens if we identify a positive match on the EOCN list?
A: You must freeze funds within 24 hours without prior notice and immediately report the match via goAML and the EOCN portal—a process we handle end-to-end.