Screening & Monitoring
Protect your business from financial crimes by screening against global sanctions, PEP, and crime lists.
What are Sanctions, PEP, and Crime Lists?
Sanctions, PEP (Politically Exposed Persons), and crime lists are global databases of individuals and entities that pose a high risk of financial crimes, such as money laundering and terrorist financing. These lists are maintained by governments, international organizations, and regulatory bodies to prevent financial crimes.
Why are Sanctions, PEP, and Crime Lists important?
The Financial Action Task Force (FATF) recommends that countries implement effective sanctions, PEP, and crime lists screening as part of their Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The European Union's 5th and 6th Anti-Money Laundering Directives (AMLD5/6) also require screening against these lists.
How does it work?
Screening Entities
Our Sanctions, PEP, and Crime Lists API screens entities against global databases of high-risk individuals and entities.
- Screen against global sanctions lists, such as the OFAC SDN list and the EU's Consolidated List of Persons, Groups and Entities subject to EU Financial Sanctions.
- Check against PEP lists, including government officials, politicians, and their family members and close associates.
- Screen against crime lists, such as the FBI's Most Wanted list and the Interpol's Red Notices.
Monitoring and Scan Logs
Our platform provides continuous monitoring and scan logs to ensure that your business is always compliant with the latest regulations.
- Continuous monitoring of your customer base against the latest sanctions, PEP, and crime lists.
- Scan logs provide a complete audit trail of all searches and results.
- Notifications are sent to your team when a customer is matched against a sanctions, PEP, or crime list.