AML screening
Every borrower and every beneficial owner of a company is checked against sanctions lists and lists of politically exposed persons. A match gets a score, and a confirmed match becomes a task for compliance.
Plan All plans except the sandbox.
What’s inside
- OFAC, UN and EU sanctions lists and national financial monitoring lists
- PEP from tier 1 to tier 4, relatives and close associates
- PEP sources: Dow Jones, World-Check, ComplyAdvantage
- Five detectors: application ring, application frequency, PEP match, sanctions match, document reuse
- Match score: confirmed from 93%, possible from 60 to 92%, low below 60%
- Escalation to a task and a suspicious activity report
- Ongoing monitoring with alerts
Limitations
If a sanctions list is unavailable, the application is not considered clean: it goes to manual review marked as incompletely screened.
FAQ
How often are the lists updated?
Lists are updated automatically on the source’s schedule. The list version date is saved in the check result.
What happens on a possible match?
The application goes to manual review by a compliance analyst with a match card and a score.
Use cases with this feature
Other features
Shall we run a check on your report?
Send an anonymized sample report from the country you need: we will break it down in a demo and show the flags, the summary and the connection to your system.