Kharon’s Data & Tech Chosen by U.S. Treasury for Enhanced Sanctions Compliance

Kharon has been selected by the U.S. Department of the Treasury for its advanced data and technology solutions, enabling the department to enhance sanctions enforcement and compliance efforts. Kharon’s platform will provide critical insights into global networks and help identify entities linked to sanctioned actors, supporting the Treasury in its mission to strengthen national security and combat illicit financial activities. This collaboration underscores Kharon’s role in bolstering regulatory frameworks and improving risk management practices.

Alongside a recent award with the U.S. Customs and Border Protection, this engagement with the Treasury Department expands the U.S. Government's access to Kharon insights, data analytics, and investigative workflow tools for critical public sector security objectives. "Effectively implementing sanctions and trade controls requires both public and private sector organizations to have the insights needed to counter evasion," said Howard Mendelsohn, Kharon's Chief Client Officer. "This award represents an additional step in aligning critical insights across the public and private sectors. We are proud to support the U.S. Department of the Treasury in its critical mission."

Read more in the full press release.