Reducing your exposure to high-risk individuals and businesses.
When your reputation depends on doing business with the right customers, being able to confidently onboard good customers and manage high-risk individuals and businesses is critical. Be confident that you’re complying with AML and know your customer (KYC) regulations when you use our politically exposed persons (PEP) and Sanction checks as part of your customer onboarding process.
Adding PEPs and Sanctions checks to your customer onboarding journey is simple and quick, with minimal set-up and training.
Keep your regulators satisfied with a fully automated, robust audit trail with permanent PDF copies of links to data and media sources.
Get local-market PEPs and Sanction knowledge to stay compliant in every region you operate or are looking to grow in.
The Joint Money Laundering Steering Group (JMLSG) states that regulated entities should not accept as customers “Persons and entities subject to financial sanctions”. Our service helps ensure you stay up to date with these changes to better protect your business from high-risk individuals and the fines working with them attracts.
We check against the big 4 sanctions (UN, EU, OFAC and OFSI) for new releases continuously, as well as various news and email alerts issued directly by the sanctioning bodies. As well as internationally recognised sanctions, we also monitor and feedback on locally-enforced sanctions lists that help you to stay compliant wherever you’re operating.
We use multiple sources for PEP data including global PEPs, Financial Regulators, Law Enforcement, Adverse Media sources; England & Wales Charities Commission; Insolvents & Bankrupts lists; and Disqualified Directors Database.