What is typically the next course of action upon discovering a payment instruction matching a sanctioned party?

The most appropriate course of action upon discovering a payment instruction that matches a sanctioned party is to refer the case to a financial crime investigator for further review. This step is critical because it allows a qualified professional to conduct a thorough analysis of the situation, ensuring compliance with the relevant sanctions and regulations. Financial crime investigators have the expertise necessary to assess the implications of the potential sanction violations and to determine the appropriate steps to take in line with legal requirements.

Processing the payment without delay would not only violate regulatory obligations but could also expose the financial institution to severe penalties. Similarly, notifying the customer immediately or referring the case to local law enforcement authorities may not be appropriate without first conducting an internal assessment to understand the context and legal implications of the payment instruction. Thus, the correct course of action centers around a detailed investigation to uphold the integrity of the financial system and comply with applicable sanctions.