AML screening on relationships

This task screens all relationships's names against a database of sanctioned persons, politically exposed persons and adverse media.

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

Configuration

You can fine-tune which relationship should be screened depending on several parameters:

• type of relationship: 👩🏼‍🦱 natural person or 🏢 business entity
• role of the relationships towards the company: signatory, director, UBO, shareholder... or everyone.
• risk parameters via task activation conditions: risk level, country, legal type, etc.

Screening provider

You can chose your screening provider:

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