Which industry client poses the highest sanctions risks to a financial institution that offers acquiring...

Digital currency providers pose a heightened sanctions risk due to:

• exposure to anonymity-enhancing technologies,

• increased risk of being used for sanctions evasion and illicit finance,

• difficulty tracing the ultimate beneficial owner or origin of funds, and

• vulnerabilities related to mixers, unhosted wallets, and cross-border platforms.

Pharmacies and retail companies generally present lower sanctions risk. Aircraft maintenance companies can pose some risk depending on jurisdictions served, but digital currency firms are consistently recognized as the highest-risk sector for sanctions exposure.