Tag: PEP Screening

Financial crime does not wait to be listed. Money laundering, corruption, human trafficking and fraud can attach themselves to a customer, supplier or counterparty...

Adverse media screening is too often treated as a box-ticking obligation rather than a genuine early-warning system, and that mindset is leaving financial institutions...

Politically Exposed Person (PEP) screening is the process compliance teams use to determine whether a customer, counterparty or beneficial owner holds a public position...

Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch,...

KYC and AML compliance work absorbs enormous analyst time, yet most of that time isn't spent on genuine judgment calls. It's spent wrangling documents,...

Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes on an onboarding form. They are not. Each layer addresses...

A politically exposed persons check (PEP check) sits among the most consequential controls in any AML compliance programme. Done well, it surfaces elevated risk...

The compliance landscape for regulated financial services firms has shifted considerably in recent years. Regulators are no longer willing to accept that enhanced due...

Something quietly broken sits at the heart of financial crime compliance at most major banks: the screening systems are working perfectly, and that is...

Anti-money laundering compliance doesn't end the moment a customer clears an onboarding check. For regulated businesses, that milestone is simply the starting point of...