CyberTRIZPEDIA

Implement Real-Time Sanctions Screening Programme

Control
AML-SANCTIONS-001
Regulation
AMLD6
Category
operational
Priority
critical
Frequency
annually
Type
operational

What this control requires

Deploy automated sanctions screening against all applicable lists (EU, UN, OFAC, HM Treasury). Screen customers at onboarding, on an ongoing daily basis and at transaction execution. Implement a review procedure for potential matches. Maintain records of all screening results, hits and disposals. File freeze notifications with NBB/Treasury within required timeframes.

Other AMLD6 controls