KYC

Sanctions Screening

Sanctions Screening is a search performed on a counterparty to see if it is on any sanctions lists.This is the rigorous and methodological process of checking whether your client or third party are on any of the main global sanctions lists. A thorough sanctions screening protocol should include clear information on when sanctions screening must take place, how the evidence of the steps taken during sanctions screening will be saved and stored, and how red flagged names will be handled and reported.

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