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Indian firms boost checks to avoid deals with sanctioned entities
short by Ishaan Mukherjee / on Saturday, 11 April, 2026
Indian firms are increasing background checks before finalising deals with entities amid tightening global sanctions, Mint reported. Companies are hiring law firms and investigative agencies to avoid deals with sanctioned entities. Clients now need to sign sanctions SOPs for closing deals, requiring disclosures like ultimate beneficiaries, end-use certificates and verification of licensed vendors.
read more at NewsBytes