Regulators

Government Agencies and Regulators

The push to enact national laws against money laundering and terrorist financing is part of an international effort by the Financial Actions Task Force (FATF) to implement global AML standards. The FATF provides guidance to FIUs and assist them with the implementation of the FATF’s recommendations on money laundering and terrorist financing. The FATF requires FIUs to analyze CTRs and SARs submitted by financial institutions in order to identify patterns of money laundering and terrorist financing. Central banks and FIUs need AML systems that will allow them to easily assess the level of risk posed by transactions reported by financial institutions.

The World-PEP Database is an unparalleled resource for regulators to conduct PEP/Sanction screening during the CTR and SAR analysis process. World-PEP is designed to enable regulators check customer records against verified list of Politically Exposed Persons (PEP) and Specially Designated Individuals (SDN). World-PEP has been developed to assist regulators in fulfilling their obligations under FATF recommendations in an efficient, user-friendly, and cost-effective manner. World-PEP is designed to reduce financial institutions’ potential exposure to PEP and KYC risk using a bespoke platform to provide up-to-date risk profiles of politically exposed persons and sanctioned entities.

Central Banks

Central banks rely on KYC E-Screening for transaction monitoring and AML risk assessment of financial transactions.

Law Enforcement Agencies

Law enforcement agencies rely on KYC E-Screening for conducting KYC screening in their investigation process.

Financial Intelligence Units (FIU)

Financial Intelligence Units rely on World-PEP to conduct global PEP/Sanctions screening when analyzing CTRs and SARs.

Embassies and Consulates

Embassies and consulate services rely on KYC E-Screening as part of their applicant KYC screening process.

Insurance Regulators

Insurance Regulators rely on World-PEP to conduct global PEP/Sanctions screening when analyzing CTRs and SARs.

Gaming Regulators

Gaming Regulators rely on World-PEP to conduct global PEP/Sanctions screening when analyzing CTRs and SARs.

World-PEP supports AML regulators by providing access to Premium Global PEP Data.

World-Class Screening Solution for Multiple Industries

The KYC E-Screening solution is designed to be used by reporting entities in multiple industries.