Ensuring an organisation’s compliance with all applicable laws and regulations through the process of PEP screening can be a complex task.
An accurate PEP list is an essential part of the risk-based process, helping to identify politically exposed customers and prospects. WorldCompliance Data provides an expansive, market leading PEP list with over a million profiles and is continually updated by a global team of researchers to ensure data is as accurate and complete as possible.
The status of politically exposed persons can change overnight, therefore it is vital to carry out PEP checks on an ongoing basis to mitigate risk. The highly skilled team of researchers are strategically placed around the world to monitor any changes and react quickly to update PEP list records, with over 100,000 profiles created or updated every month.
Adverse media creates associated reputational and regulatory risks when entering a business relationship with individuals or organisations.
Every single day negative news or unfavourable information about individuals or businesses is reported across thousands of news channels around the world in multiple languages. Adverse media screening is a critical part of any robust Enhanced Due Diligence (EDD) program. Screening at the client on-boarding phase as well as on-going monitoring of all high risk individuals is required to identify reputational risk and also accounts that may need to be reviewed for unusual transaction activity.
WorldCompliance™ Data includes an extensive proprietary database of adverse media profiles. These have been linked to illicit activities from over 35,000 news sources worldwide in 57 languages and grouped in over 50 risk categories.
Request access today and discover how countless negative news stories are consolidated into single adverse media profiles, streamlining the adverse media search process.