Sanctions screening is the process of checking individuals, companies, or transactions against government-issued sanctions lists. It is an essential part of AML compliance to prevent businesses from engaging with sanctioned entities.
Sanctions screening helps businesses:
Sanctions screening should occur when:
Red Flag Alert offers robust sanctions screening tools that enable businesses to identify and manage risks efficiently. Our platform provides real-time updates to ensure compliance with global regulations.
Get in touch today to learn how Red Flag Alert can enhance your sanctions screening processes.