What lists are included in World-Check?

What lists are included in World-Check?

Regulatory and enforcement lists are monitored as well as lists of debarred and banned parties. Specific areas of interest, such as terrorism, organised crime and the Middle East, are covered by specialist research teams.

What is a World-Check profile?

World-Check creates and maintains a database of Politically Exposed Persons (PEPs) and heightened risk individuals and organisations. This database is used by organisations around the world to help to identify and manage financial, regulatory and reputational risks.

WHAT IS Thomson Reuters World-Check?

Thomson Reuters World-Check, the trusted and accurate source of risk intelligence made available to help organizations meet their regulatory obligations, make informed decisions, and help prevent organizations from inadvertently being used to launder the proceeds of crime, or association with corrupt business practices …

What does OB stand for in World-Check?

Other Bodies
WC1 has 5 TYPES of lists – Sanctions (S), Regulatory Enforcement (RE), Law Enforcement (LE), PEP and Other Bodies (OB) (WC researched data but not listed by an official body).

Does World-Check include adverse media?

The record shows all applicable sanction and watch list information, along with any additional negative media and relevant financial crime risk uncovered. The result is a database of structured and accurate information which helps protect your business from financial crime and regulatory and reputation risks.

Is World-Check reliable?

For over two decades the World-Check Risk Intelligence database has been delivering accurate and reliable information to help financial institutions, the regulated non-banking sector and companies to comply with mandatory KYC, anti-money laundering, countering the financing of terrorism, anti-bribery and corruption.

How do I remove my name from World-Check?

If you are listed on World-Check, you may request your information is updated, corrected, subject to restricted processing or removed if you have good reasons for doing so. To do so, please email [email protected].

What is adverse media list?

Adverse media screening involves the interrogation of third-party data sources for negative news associated with an individual or company. These checks are essential for uncovering a client’s involvement in activities related to financial crime or that pose a reputational risk.

How much does Refinitiv World-Check cost?

Starting at $742 USD per user per month. Pricing for access to World-Check content is charged additionally. Please contact us for more details and pricing options.

What is enhanced due diligence checklist?

Enhanced Due Diligence Checklist Obtain additional information where necessary; Conduct extensive background checks and monitor transactions; Organize and secure your data in line with compliance standards; Keep the data available for regulators.

What is Dow Jones screening?

It enables continuous, real-time screening of customers against news relating to financial crime or reputational risk, as well as the identification of sanctions risk and politically exposed persons.

What is the difference between due diligence and enhanced due diligence?

The main difference between Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) is that Customer Due Diligence (CDD) remains a less strict customer verification process as it only requires id information, address and assesses the risk category of the customer.

What is the Dow Jones watch list?

Dow Jones’ Watchlist identifies high-risk third parties to assist in complying with global Anti-Money Laundering regulations.

What is CDD checklist?

When it comes to onboarding new clients, KYC Customer Due Diligence (CDD) is a crucial process. This key mechanism enables you to minimise the risk of your organisation being used to launder money or as part of a terrorist financing scheme.

Do you know CDD and EDD?

Customer due diligence (CDD) and enhanced due diligence (EDD) are different tiers of know your customer (KYC) processes completed by businesses on their customers. They’re mandated by regulatory organizations for many different industries, but are most prevalent across financial services.

What is CSI WatchDOG?

CSI’s WatchDOG® Elite allows companies to compare their customers’ names against national, global and government watch list searches. Sanctions Screening. Government Watch Lists.