COMPLIANCE SCREENING
Compliance Screening: Is It Safe to Work With Your Business Partner?
Before starting a new partnership or entering into a transaction, it is essential to ensure that your business partners do not pose legal or compliance risks. Compliance Screening helps identify whether a company or individual is subject to international sanctions, listed as a Politically Exposed Person (PEP), or associated with negative public information.
This screening is a crucial step in protecting your business from legal consequences, financial losses, and violations of regulatory requirements. Under applicable legislation, all entities engaged in economic activity — both individuals and companies — are responsible for complying with sanctions and Anti-Money Laundering (AML) regulations. Therefore, every new partnership or transaction should be assessed with due diligence.
Okredo offers a fast and easy way to perform comprehensive compliance checks, including:
- International sanctions (EU, UN, OFAC, and others)
- Politically Exposed Persons (PEPs)
- Adverse media and negative news screening
- Law enforcement and watchlist data
Protect your business — run a compliance screening today!
Have questions? Contact us: [email protected]
Useful links
- https://webgate.ec.europa.eu/fsd/fsf#!/files
- https://data.europa.eu/data/datasets/consolidated-list-of-persons-groups-and-entities-subject-to-eu-financial-sanctions?locale=lt
- https://www.sanctionsmap.eu/#/main
- https://www.gov.uk/government/publications/the-uk-sanctions-list
- https://sankcijas.fid.gov.lv/
- https://sanctionssearch.ofac.treas.gov/
- https://www.un.org/securitycouncil/content/un-sc-consolidated-list
- https://www.urm.lt/sankcijos
- https://www.fntt.lt/lt/naujienos/fntt-informuoja-es-sankciju-vykdymas-privalomas-visiems/4149
- https://vm.ee/en/international-sanctions
Content of the Sanctioned Persons Report
If you have any questions, please contact us - [email protected]
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