Can you take us through the life cycle of what compliance looks like for banks in really practical terms? Let's say the government publishes new regulations targeting certain individuals in a target state. You can use the Russian example if that's helpful. How do you learn about, interpret, and comply with this measure? What steps do you take to freeze assets you might hold and prevent transactions, and what does the timeline look like for this?
On November 23rd, 2016. See this statement in context.