Key Benefits
Why choose our aml & sanctions screening service
Ensure compliance with Philippine and international AML regulations
Reduce risk of penalties and reputational damage
Screen against regularly updated global watchlists
Identify politically exposed persons (PEPs) and high-risk individuals
Streamline compliance processes with automated screening
Maintain detailed audit trails for regulatory reporting
Features
Comprehensive verification capabilities
Global Watchlist Screening
Comprehensive screening against OFAC, UN, EU, UK, and other international sanctions lists.
AMLC Watchlist Integration
Direct integration with Anti-Money Laundering Council of the Philippines watchlists.
PEP Identification
Identification of politically exposed persons and their associates at local and international levels.
Adverse Media Screening
Monitoring of negative news and media mentions related to financial crimes and misconduct.
Risk Scoring
Customizable risk scoring based on multiple factors including jurisdiction, business type, and transaction patterns.
Ongoing Monitoring
Continuous monitoring of changes in status with automated alerts for newly identified risks.
Frequently Asked Questions
Common questions about our aml & sanctions screening service
How often are your watchlists updated?
Our watchlists are updated daily to ensure the most current information. Critical updates from major sanctions authorities are implemented within hours of publication.
How do you handle false positives in AML screening?
Our system uses advanced fuzzy matching algorithms and multiple identifiers to minimize false positives. For potential matches, we provide a confidence score and detailed match information to help you make informed decisions.
What information is needed to perform an AML check?
At minimum, we require full name and date of birth. For more accurate results, additional identifiers such as nationality, address, and identification numbers significantly improve matching accuracy and reduce false positives.
Does your system comply with BSP regulations for AML?
Yes, our AML screening system is fully compliant with BSP Circular No. 1022 and other relevant regulations. We regularly update our system to reflect changes in regulatory requirements.
Can I customize the screening parameters for my industry?
Yes, we offer industry-specific screening profiles for banking, insurance, fintech, real estate, and other sectors. These can be further customized to match your specific risk appetite and compliance requirements.