BIGTXN

We are delighted to announce that Haider Mannan, BIGTXN's CEO has been appointed to the Product Advisory Committee (PAC) of the Digital Token Identifier. Digital Token Identifier Foundation (DTIF) is the Registration Authority for the ISO 24165 standard and is responsible for issuing and maintaining DTIs; the DTI standard enables unique identification of all fungible digital assets using distributed ledger technology (DLT) for token issuance, storage, exchange, ownership recording, or transaction validation. The PAC oversees DTIF's implementation of the ISO standard and BIGTXN is committed to supporting DTIF's mission to provide the golden source reference data for the unique identification of digital tokens. Read more about the PAC here: https://lnkd.in/enecwaaX #digitalassets #standard

Our Analytics team is thrilled to have spent an action-packed day at the Google Data to AI Tech Lab yesterday! From data collection and ingestion to transformation and activation with AI & ML, the workshops and labs took us through the entire data lifecycle. We walked away with fascinating insights on how to optimise data strategy and fuel innovation. The team can't wait to apply these takeaways and push the limits of what’s possible with AI and data as we continue to drive innovation across our product suite! Thank you Karen Zhang & Maria Alonso Garcia #ai #analytics #google

Delighted to announce our new office in Madrid, Spain! Having worked semi-remotely for over a year our dev team will now be based centrally in a modern and vibrant facility on the Castellana. BIGTXN is committed to building a world-class software engineering team in a prime European financial centre and we are proud to call Madrid our development hub! ----- Nuestra misión es encontrar el mejor talento. Estamos formando un equipo de ingenieros de software de primer nivel y Madrid nos ofrece grandes oportunidades para lograr este objetivo.

Sanctions relief! The US administration, may as early as this Friday announce (some) sanctions relief for Russia! If you followed the webinar that was hosted by the ACSS, where Aydin M. Akgun of Ferrari & Associates spoke about the upcoming situation, you would have heard about sanctions relief and the conditions under which we imagined it would happen. Since then I have been privileged to speak at the The Investment Association's Financial Crime Forum and recently at the Dow Jones roundtable in Madrid; I made one point quite clear, this is an ambitious US administration, who have not yet settled their foreign policy template but anyone making educated guesses should be able to see where this is going. ***The Dynamic Landscape of Sanctions!*** Join me and esteemed counsellors Gerald Lam & Christine Cuthbert from Baker McKenzie in Hong Kong at the Hyatt Grand Pool House on 27 March to learn more about how fast moving geopolitical headlines are affecting the world of capital markets and investments. Kindly hosted by Dow Jones Risk & Compliance! RSVP in comments #sanctions #investment #compliance

🌟 ACSS LONDON CHAPTER EVENT: Real-World Sanctions Compliance - Practical Cases 🌟 Join the ACSS London Chapter on Thursday, March 20, 2025, for an essential in-person event hosted by Forvis Mazars in the UK at their London office. 🕖 Time: 6:00 PM - 9:00 PM GMT 📍 Location: Forvis Mazars, 30 Old Bailey, London Don't miss this opportunity to gain practical insights into real-life cases from enforcement, industry, and screening! 📋 Event Highlights: Keynote presentation on lessons learned from sanctions investigations by Olivier MAES (Forvis Mazars Switzerland) Expert panel discussion featuring: Luke Jewell (Head of Enforcement, OFSI) on recent enforcement cases John Binns (Partner, BCL Solicitors) sharing real-world industry cases Jeff Teahan (BIGTXN) exploring use-cases in sanctions screening and AI Moderated by Luke Firmin (Director - Financial Crime, Forvis Mazars) Q&A session with industry experts Networking opportunity with sanctions and export controls professionals Register now: https://lnkd.in/d-B5URmm Tom Cornell, Jonathan Burke, Stuart Gamester, Michelle Linderman, Haider Mannan, Hugh Buttrick, Anna S., Saskia Rietbroek, CSS, Eliana Sanabria #ACSS #SanctionsCompliance #ExportControls #UKSanctions #ComplianceExperts #FinancialCrime #RegulatorySolutions #OFSI #NetworkingEvent #ProfessionalDevelopment

Join Us for an Insightful Evening on Real-World Sanctions Compliance The ACSS London Chapter is excited to invite you to our upcoming event, hosted by Forvis Mazars in the UK, where we’ll dive into practical case studies on sanctions compliance, enforcement, and screening. 📅 Thursday, March 20, 2025 🕕 6:00 PM - 9:00 PM GMT 📍 Forvis Mazars London Office, 30 Old Bailey, London This session is designed for compliance professionals who want real-world insights from experts in enforcement, finance, and technology. We’ll explore recent cases, discuss lessons learned, and examine how evolving risks may shape future compliance strategies. What to Expect - Lessons from sanctions investigations, with case studies on best practices - Key enforcement trends and takeaways from OFSI - Real-world challenges and solutions from BCL Solicitors - How AI and technology are reshaping sanctions screening, with insights from BIGTXN - A panel discussion featuring industry leaders, followed by an interactive Q&A - Networking over drinks and nibbles, connecting with peers in the compliance and legal space Speakers Include: John Binns, BCL Solicitors LLP – Industry perspectives on sanctions challenges Olivier MAES, Forvis Mazars in Switzerland – Insights on handling sanctions investigations Luke Firmin, Forvis Mazars in the UK – Moderator Luke Jewell, Head of Enforcement, OFSI This is an opportunity to step beyond the theory and engage with real cases and practical solutions that can directly impact your work. 🔗 Register now to secure your spot: https://lnkd.in/d-B5URmm Looking forward to seeing you there. Let’s continue the conversation on shaping effective sanctions compliance in today’s fast-changing regulatory environment. Saskia Rietbroek, CSS, Anna S., Eliana Sanabria Galvis, Tom Cornell, Jonathan Burke, Stuart Gamester, Michelle J. Linderman, Haider Mannan

Happy Friday from Spain! Wonderful to have met so many senior compliance professionals in Madrid yesterday afternoon. We had a series of interesting presentations from Dow Jones Risk & Compliance experts Rodrigo Espinosa & Miroslava Panuscikova covering the recent developments in global sanctions and the regulatory landscape. Followed by a presentation on sanctioned securities which I covered as part of the BIGTXN - Dow Jones Risk & Compliance partnership. Exchange Traded Funds (ETFs) remain any area of concern for many market participants and we unpacked the most recent statistics, as well as understanding problem areas around ETF issuers' disclosures. We urge ETF data consumers to trust, but verify any third-party ETF statistics you are being provided in context of sanctions, as there is a good chance that the risk is being undersold. I also touched upon the complexity of screening mutual funds and shared analysis that many fund products are affected by sanctioned securities today. Looking forward to the next instalment in Paris, where we will be sharing a detailed report on ETFs and mutual funds. Thank you to Dow Jones for hosting and organising yet another excellent industry event. #sanctions #investment #compliance

We're excited to announce the launch of our Sanctioned Instrument Masterfile (SIM) on the Snowflake Marketplace. As compliance regulations evolve, financial institutions need agile tools that not only aggregate but also validate and enrich compliance data. SIM on Snowflake streamlines the process, providing ready-made and actionable data to keep your firm ahead of regulatory changes. Ready to transform how you handle blocking trades in sanctioned securities? Explore our new listing on the Snowflake Marketplace and discover how you can integrate sanctioned securities screening into your pre- and post-trade processes with trusted, high-quality data. Visit our product page for more details to start your journey. Link to product page in comments. #investment #sanctions #compliance

BIGTXN attended the RUSI (Royal United Services Institute) FinSec25 Conference! 60 Whitehall, a stone's throw away from Number 10, was the stage for the conference, this year's title being: Finance & Security in a Changing World. Andy Verity from the BBC kicked things off by interviewing Tom Keatinge, director of CFS, about RUSI’s latest initiatives in combating financial crime. A standout moment was Tony Sales from We Fight Fraud sharing his personal journey from a life of fraud to fighting it on the other side. His story highlighted a key lesson: while technology is a critical tool, it isn’t a cure-all. Fraudsters now leverage technology more than ever, making an understanding of human behaviour and social engineering essential for creating effective anti-fraud measures. A lively technology panel explored the concept of "New Finance," focusing on emerging, unregulated sectors like blockchain, online gaming, and dating apps—areas that savvy criminals are quick to exploit. The discussion centred on how financial crime experts can keep pace with these evolving threats. EU sanctions envoy David O’Sullivan underscored the importance of managing expectations around sanctions. He noted that while they are a valuable tool, their full impact takes time to materialize, and they are not the sole instrument available to governments and regulators. The conversation took a darker turn when Ruth Dearnley OBE of STOP THE TRAFFIK and John Cusack delved into how the underworld profits from human trafficking, with an astonishing 50 million people sold into modern slavery each year. Closing the day, Tom Tugendhat MBE VR MP joined the final panel to discuss the increasing use of finance in state-based threats. His key takeaway was clear: in an increasingly fragmented West, collaboration with allies is more crucial than ever in combating these threats. Fascinating day of high-calibre discussions, and it was inspiring to see so many financial crime professionals gathered in one place. Jeff Teahan #sanctions #financialcrime #compliance

Sold Out! The Investment Association Financial Crime Forum last week was a sold out event. Great to see many like-minded compliance folks from the buy-side come together for this must-attend once a year gathering! I joined a panel titled The New Sanctions World Order, with Gem Conn (Dow Jones), Magdalena Kurylowicz (PIMCO), and moderated by the ever wonderful Mark Croxon (reifi). Minutes after our discussion on the same topic, President Trump issued an executive order sanctioning the International Criminal Court, imposing 'tangible and significant consequences' on those responsible for ICC 'transgressions.' The move signalled what we already anticipate to be a fragmented menu of sanctions in the coming months, coupled with divergent approaches from US allies, and continuation of an already established approach from the EU and UK, who have other than in context of Russia-Ukraine, not joined the US approach to China or Iran. Of course matters remain complex for investment firms who (rightly) remain wary of US OFAC and how they can prevent breaches, especially for sanctioned securities. On the EU front, in partnership with Dow Jones Risk & Compliance, we have just released guidance on the recent updates to the ownership rules for EU sanctions, it is essential for businesses engaged in or interacting with EU member states to fully understand these changes. https://lnkd.in/ee7ZyU_6 We keep hearing about legacy financial information vendors and their poor sanctioned securities data quality, incomplete but overpriced services and an unwillingness to innovate. If you require help in this area my team and I are standing by, please reach out to Jeff Teahan or Sebastian Segura and our partners at Dow Jones Risk & Compliance, with whom we have earned the trust of a fast growing base of financial institutions who are benefiting from an *ISAE 3000* assured service, enabling them to screen financial instruments against over 50 sanctions lists and proprietary entity risk data. Link to Dow Jones Risk & Compliance Financial Instruments (click ONLY if you require best in class service) https://lnkd.in/ems_Y3Hi With many thanks to Deloitte for hosting the forum. #sanctions #financial #crime #compliance