AML screening on businesses

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Definition

This task screens the name of a legal entity against a database of sanctioned entities and adverse news.

This task initiates the screening of the case's company name on ComplyAdvantage.

If the search result returns one or more hits, the task returns Needs Action, and the Resolve link brings the search result to ComplyAdvantage to validate or invalidate the search.

• If the search is a False Positive, the task status changes to Clear
• If the search is a True Positive, the task status changes to Consider

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Understand countries and industry risks

Screening company names is particularly useful when doing business with certain industries or in certain locations.

Screening provider

You can chose your screening provider:

• ComplyAdvantage
• LexisNexis
• bring your own: contact us!