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.
The war between the various financial sectors and money laundering has led financial institutions to set up technologically intelligent weapons.
Sanction Screening Services is software that helps companies to detect financial crimes and comply with AML / KYC regulations.
RegTech is the platform that combines regulations with technology. These are technologies created to facilitate the process of compliance with increasingly complex regulations and to serve users in-process monitoring. Regtech provides...