Illinois Prohibited Investment List
The Illinois Prohibited Investment List identifies specific entities and organizations that are not eligible for investment by state investment funds. This list is crucial for those who manage public funds, ensuring that investments align with state laws and ethical standards. By adhering to this list, fund managers can avoid financial risks and ensure responsible investment practices.
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706 Entities in Illinois Prohibited Investment List
Entity Name | Entity Type | Effective Date | Status |
---|---|---|---|
Tata Motors Ltd | Company | Oct 17, 2022 | inactive |
SEDMOY KONTINENT AO | Company | Jul 26, 2025 | active |
Spetsstroymaterialy Holding OAO | Company | Jul 26, 2025 | active |
Brother Industries Ltd | Company | Oct 17, 2022 | inactive |
National Bank of Abu Dhabi | Company | Oct 17, 2022 | inactive |
AGC BOR GLASSWORKS OAO | Company | Jul 26, 2025 | active |
Rosneft Finance SA | Company | Jul 26, 2025 | active |
Ramco Systems Ltd | Company | Oct 17, 2022 | inactive |
Ulyanovskenergo AO | Company | Jul 26, 2025 | active |
Volkswagen AG | Company | Oct 17, 2022 | inactive |
FAQs
Why is compliance with the Illinois Prohibited Investment List necessary?
The Illinois Prohibited Investment List is essential for ensuring compliance with state regulations that safeguard public investment funds. By adhering to this list, investors prevent the allocation of resources to entities that may pose a risk to ethical standards or public welfare, thereby promoting responsible investment practices. Compliance not only protects the integrity of the investment process but also enhances transparency and accountability within the financial system, ensuring that public funds are utilized in a manner that aligns with state values and priorities.
Which companies should comply with Illinois Prohibited Investment List?
The Illinois Prohibited Investment List primarily affects financial institutions, investment firms, and public pension funds. These entities must comply to ensure they do not invest in companies engaging in practices contrary to state laws or ethical standards, such as supporting terrorism or violating human rights. Compliance safeguards their reputation and aligns investments with state values and legal requirements.
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