The problems and potential risks associated with the ever changing and hugely complex International sanctions lists represent a well understood challenge to all that work in our industry sector. The risks associated with delayed change implementation are equally established.
AML Analytics, as leaders in the forensic analysis and benchmarking of financial crime systems and processes have created solutions to meet these challenges in the delivery of safe testing and report services to our clients across the global financial services industry.
AML Analytics are now offering to share these solutions through our free Sanctions Alert Service.
When you subscribe to AML - SAS, we will notify you via email or Twitter, 24 hours a day, globally, whenever new individuals and entities are added, removed or changes are made to sanctions lists around the world.
This includes all data changes - including names, aliases and other data that is relevant to your risk appetite. Your alert will provide a link to the AML - SAS web page where full details of updates to all monitored sanctions lists are available.
You will receive the sanction list updates you need to be aware of to ensure on-going compliance. In addition to HM Treasury, OFAC SDN and non-SDN, UN and EU, we continuously monitor all significant English language lists around the world.
The service is free
Alerts by email or Twitter
Earliest automated notifications of sanction list changes ensuring you are always up to date
Consistent update style regardless of the sanction list format
Reduces the reliance on your list provider as being your only source of sanctions updates, thereby allowing you to meet regulator expectations of reconciling your update data.
To subscribe or simply browse our updates, please click here.
We provide unique and customised data extracts of PEP and sanctions lists which are run against the financial institution’s client screening and payment filtering systems for analysis.
'Sandbox' is an online, web based solution which allows you to create your own bespoke sanctions testing programmes, configurable to suit your individual risk appetite.