The New Sanctions Screening Imperative for German Companies in Foreign Trade

Sanctions list screening has gained new significance following the amendment to the Foreign Trade and Payments Act in Germany (Außenwirtschaftsgesetz, AWG) of 6 February 2026: it has become an indispensable compliance cornerstone for every company engaged in foreign trade. The tightening of criminal provisions, expanded organisational duties, and the mandatory screening of ultimate beneficial owners […]