Question 1

What is AML screening?

Accepted Answer

AML (Anti-Money Laundering) screening is the process of checking individuals and businesses against global sanctions lists, PEP (Politically Exposed Person) databases, and adverse media sources to detect potential financial crime risk. It is a legal requirement for regulated businesses in the UK under the Proceeds of Crime Act 2002 and the Money Laundering Regulations 2017.

Question 2

Which sanctions lists does TrustVerify screen against?

Accepted Answer

TrustVerify screens against over 1,000 global watchlists including OFAC (US), EU Consolidated Sanctions List, UK HM Treasury sanctions, UN Security Council sanctions, and national lists from 60+ countries. Data is sourced via OpenSanctions and Dilisense, updated continuously in real time.

Question 3

What is PEP screening and does TrustVerify include it?

Accepted Answer

PEP (Politically Exposed Person) screening identifies individuals who hold or have held prominent public positions — such as government officials, senior executives of state-owned enterprises, and their close associates — who may present a higher risk of bribery or corruption. Yes, TrustVerify includes comprehensive PEP screening across Tier 1, 2, and 3 categories.

Question 4

How often are TrustVerify's AML databases updated?

Accepted Answer

TrustVerify's sanctions and PEP data is updated in real time as changes are published by sanctioning authorities. Our adverse media screening via GDELT monitors news sources globally with near-real-time ingestion, ensuring you have the most current risk picture for each subject.

Question 5

Does TrustVerify provide ongoing AML monitoring?

Accepted Answer

Yes. TrustVerify supports continuous AML monitoring, automatically re-screening your existing customers and business relationships whenever watchlists are updated. You receive instant alerts if a previously clear subject is added to a sanctions list or adverse media source, fulfilling ongoing due diligence requirements under UK AML regulations.

Anti-Money Laundering Compliance

Complete AML Compliance Suite

Sanctions Screening

Global Coverage

Real-time Updates

Fuzzy Matching

Entity Resolution

Batch Screening

Audit Trail

Why Choose Our AML Solution?

95% False Positive Reduction

Sub-100ms Response

Full Compliance

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