Company-level AML
The company itself is screened against global watchlists as a legal entity:| Check | Description |
|---|---|
| Sanctions | International and national sanctions lists (OFAC, EU, UN, etc.) |
| Regulatory enforcement | Regulatory warnings, fines, and enforcement actions |
| Adverse media | News articles about financial crime, fraud, or legal issues involving the company |
- Match score — how confident the system is that the match refers to the same entity
- Risk score — how risky the matched entity is based on the category, country, and severity
Person-level AML
Every identified beneficial owner and officer is individually screened against:| Check | Description |
|---|---|
| Sanctions | Individual sanctions across all major lists |
| PEP | Politically Exposed Persons at all levels (heads of state through to close associates) |
| Criminal records | Global and local criminal databases |
| Adverse media | News articles mentioning the individual in connection with financial crime |
| Fitness & probity | Financial regulator fitness and probity registers |
Screening flow
Data extraction
Company name, registration number, country, and all identified persons are extracted from the registry lookup.
Company screening
The company entity is screened against corporate sanctions, regulatory enforcement, and adverse media databases.
Person screening
Each beneficial owner and officer is screened individually against PEP, sanctions, criminal, and adverse media databases.
Score and classify
Each match receives a match score and risk score. Matches below the match score threshold are classified as false positives. Remaining matches determine the AML status.
Configuration
AML screening for business verification uses the same configurable thresholds as user verification:| Setting | Description |
|---|---|
| Match score threshold | Below this threshold, matches are auto-classified as false positives |
| Approve threshold | Risk scores below this value result in an Approved AML status |
| Review threshold | Risk scores above this value result in a Declined AML status; between thresholds is In Review |