Task guide
Sanctions and PEP screening
Record each search of the sanctions and politically exposed person lists for a party, keep the search result as evidence, and resolve a possible match before the party is verified or reviewed.
Before the firm acts for a client, and again at each periodic review, somebody searches the sanctions and PEP lists for them. The party's Screening tab keeps each search.
Record a screening
- Open the party and choose the Screening tab.
- Record screening, then choose the lists searched: UN, OFAC, EU and UK sanctions, Ghana's own list, a PEP database, adverse media, or another list by name.
- Give the day and what was found: No match, Possible match or Confirmed match, with notes on who was compared.
- Attach the page or report the search produced, a PDF, JPEG or PNG. It can also be attached later from the screening's row.
What a screening decides
- Verifying KYC needs a screening no older than the firm's Screening stands for (days), 30 by default, and refuses a confirmed match.
- A periodic review needs a screening made since the review opened, and keeps it with the review.
- A possible match is told to those who verify KYC and puts the party on the KYC worklist until a later screening resolves it.
The KYC tab shows where the party's screening stands: current, out of date, not screened or a match to resolve.
Correcting a screening
Edit corrects a screening. Delete removes one recorded in error; a screening that served a review stays with it and cannot be deleted.
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Read next
- Know your customer and AMLWhat the firm must hold about each client under its own rule, how the risk band is set and confirmed, and how reviews and internal concerns work.
- Reports to the FICHow reports of suspicious and cash transactions are drafted, approved by a second person, filed with the Financial Intelligence Centre inside their time, and kept away from the client.