ANTON MINAKOV ACHIEVES CORRECTION OF INACCURATE INFORMATION ABOUT A CLIENT IN INTERNATIONAL DATABASES

On January 20, 2026 Anton Minakov secured the correction of inaccurate information about a client in international databases.

 

Anton Minakov secured the correction of inaccurate information about a client in international databases used to assess sanctions and compliance risks. As a result of these changes, the client was able to restore and establish cooperation with foreign counterparties.

 

International databases such as Refinitiv, LexisNexis, World-Check, and similar resources accumulate information about individuals and legal entities from open sources, court decisions, media outlets, and official registries. These databases are widely used by banks, financial institutions, corporations, and legal consultants during due diligence and compliance checks, including to assess sanctions, reputational, and regulatory risks.

 

The presence of inaccurate, outdated, or distorted information in such databases can lead to refusals to open accounts, termination of business relationships, blocking of transactions, or refusal of cooperation by foreign partners, even in the absence of actual violations on the part of the counterparty. Therefore, the accuracy of information in compliance databases is crucial for conducting international business.

 

The work to amend the information included a legal analysis of the information, the preparation of substantiated requests, and interaction with representatives of the relevant databases.

 

Commenting on the results, Anton Minakov noted that the service of correcting and updating information in international compliance databases is becoming increasingly popular:

“In practice, many Russian companies and entrepreneurs are faced with the fact that international databases contain information about them that does not reflect their actual legal status or factual circumstances. Such information can be generated automatically, without detailed verification. Legal work to correct it allows us to reduce unjustified risks and restore normal business relations with foreign partners.”