See at once why someone is a hit.
You see the screened person next to the profile found. So you resolve each hit with the reason alongside.
Sanctions lists
EU, UN, OFAC, United Kingdom and national lists in one screening.
- Ivan PetrovPEP94
- Haverkamp Industrie BVSanctions71
- Maria GarciaAdverse32
PEPs and associates
Politically exposed persons, with family members and close associates.
Is De Jong Holding linked to sanctions or adverse media?
No direct match on EU/OFAC sanctions lists1, but two adverse-media mentions from 20242,3. Red flag: board change in October with new UBO outside NL.
Decision per hit
Mark each hit as relevant, false positive or action required. Your decision is kept in the activity log.
Sorted by topic
Hits and news articles are grouped by topic, such as fraud and money laundering. So you quickly see what matters.
How screening works
You pick the people and companies in the case file and the checks you want to run:
- PEPs, for people and entities
- sanctions, against the lists of the EU, the UN, the United States, the United Kingdom and national lists
- adverse media, up to ten years back
- country risk, on the EU list of high-risk third countries, the FATF lists and an international corruption index
- industry, for entities, based on the BFT guidance, the Dutch national risk assessment and DNB guidance
- insolvency, and guardianship and administration for people, in the Dutch registers
For PEP and sanctions, RiskResolve compares a person’s name, date of birth, nationality and ID number, and a company’s name, registration number and country. The comparison absorbs small spelling differences and transliterations.
Each screening runs in the background. If one fails, you get the tokens back and run it again. Every screening records which checks ran, when and by whom. A hit counts towards the risk level of the case file until you mark it as a false positive.
During onboarding you screen the client, its directors and its UBOs, alongside what the client supplies in the client portal. A workflow starts the screening as soon as an entity is in the case file. After that, periodic screening keeps your client base current, and when a hit raises questions you start deep research.
The rules for PEP and sanctions screening
For PEPs, Article 8(6) Wwft requires appropriate risk management systems to determine whether a client or its ultimate beneficial owner is a politically exposed person. A PEP triggers enhanced due diligence, including establishing the source of wealth and source of funds.
Sanctions come from the EU sanctions regulations and the Dutch Sanctions Act 1977, which apply alongside the Wwft. Country risk ties in with Article 8(1) Wwft, which requires enhanced due diligence for clients from states the European Commission lists as high risk.
Frequently asked questions
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