Sanctions List and PEP Screening

Compliance is key to keeping your business running and managing risks. This means safely storing financial records to protect client privacy, securing your data, and screening clients both during and after the onboarding process.

All businesses, especially financial institutions, should conduct PEP screening and sanctions list screening on every customer who wants to work with them. Not only is this necessary to avoid penalties and fees, but it’s also an important step to prevent illegal activities within your organization.