We find ourselves 3 years out from the Russia/Ukraine war, and the sanctions climate continues to evolve. From changing global politicians to sanctions regulations and enforcements to evasion tactics, it is imperative compliance professionals stay alive to risks, and the consequences of not doing so.  In this episode of KYC Decoded, we are pleased to welcome Moody’s Industry Practice Lead, Hera Smith, an expert on sanctions and AML. In this brief, informative conversation with host, Alex Pillow, Hera walks us through how sanctions have changed in the past year, the current sanctions ecosystem, and what to look for in 2025. They explore: why sanctions are such a commonly used geopolitical tactic; how changing political leaders globally can impact sanctions across jurisdictions; the financial risks of not adhering to sanctions compliance; automated understanding of current export controls; how corporations and banks have adjusted staffing to keep up with the regulations; and where organizations should start when beefing up their sanctions risk teams.