Global sanction checks ensures the searches of source-containing information from over 300 UK and International regulatory enforcement authorities, sanctions bodies, law enforcement agencies and financial regulators.
With applicants filling financial services roles and positions of a sensitive nature, organisations must ensure that these critical checks are carried out on their employees. With most industries, especially in the Financial sector, this check has now become a necessity.
The databases are updated daily and identify sanctioned, restricted, prohibited and high-risk individuals such as known money launderers, fraudsters, politically exposed persons (PEPs) and terrorists.
Conducting these checks ensures that you are aware of applicants and current employees that have adverse information. This also covers the organisations for anti-money laundering (AML) matters.