Sanctions are restrictions imposed by governments or organizations to prevent high-risk people from engaging in suspicious and illegal activities. Governments or organizations publish these sanction decisions publicly on the sanction lists.
Politically Exposed Persons are high-risk customers for financial institutions due to the risks of corruption, money laundering and bribery.
Artificial intelligence and machine learning provide detecting and preventing money laundering and terrorist financing.
Sanction Screening Service is software that helps companies to detect financial crimes and comply with AML / KYC regulations. There are thousands of sanctioned people, organizations and countries in the world.
Regulatory Technology, aka RegTech, is the platform that combines regulations with technology.
