You can easily integrate extended screening content from Dow Jones Risk and Compliance into your Compliance Screening solution. Dow Jones SCO, WatchList, Adverse Media, State-Owned Companies, Trifecta: there are different packages available to protect your business from involvement in money laundering and corruption, for example, and to comply with bans on indirect provisions. In this short film, we explain what it is about.
Dow Jones Risk and Compliance SCO protects your business from violating bans on indirect provisions. The SCO data is subject to regularly scheduled and event-driven reviews. This ensures to reflect any changes in sanctions regulations and ownership status in good time.
EU sanctions also apply to organizations that are majority-owned or controlled by a sanctioned party. US regulations in this area already apply when 50% (or more) of an organization is owned or controlled by one or several sanctioned parties.
Finding information about a company's ownership structure without IT-support requires tremendous manual effort. Companies typically search through commercial registers – a process that's both time-consuming and error-prone.
The Sanctions Control & Ownership - Feed (SCO) includes organizations that are owned or controlled by individuals, entities, countries, or regions which are sanctioned by the US Department of the Treasury's Office of Foreign Assets Control (OFAC) and/or the European Union.
Exposure to OFAC or EU sanctions-related entities is far from limited to the usual suspects such as North Korea and Crimea. That's why Dow Jones Risk and Compliance currently manages SCO-relevant entity entries in 172 countries.
The Dow Jones Risk and Compliance WatchList offers industry-leading know-your-customer (KYC) data. It combines lists to comply with global anti-money laundering, anti-corruption, and sanctions legislation. This sheds light on high-risk entities and offers comprehensive security.
The Sanctions Control & Ownership - Feed (SCO) package is an integral part of the Dow Jones Risk and Compliance WatchList. It considers percentage of ownership, positions of influence, asset freeze targets and sectorial sanctions, and international security identifiers.
Politically exposed persons (PEP) have typically been entrusted with a prominent public function. They represent a higher risk for potential involvement in bribery and corruption due to their position and possible influence. This is why PEP list screening forms part of the WatchList.
A number of government bodies across the globe publish restricted party lists. But the Dow Jones Global Sanctions Lists as part of the WatchList also include various other exclusion lists and official lists. This keeps your business safe from prohibited trade transactions.
This list flags and protects from reputational damage risks. It includes companies with corporate structure and commercial purpose that may have had adverse/negative media coverage on regulatory, competitive, financial, social, and other risk-related topics.
This area was developed specifically to help companies comply with global anti-bribery and anti-corruption regulations. It covers all aggregate government ownership, governmental voting control, and government control of the board of directors.
This service combines the WatchList, State-Owned Companies, and Adverse Media Entities. Data sets are delivered a single, structured data feed. This provides comprehensive protection and allows faster data integration into your software.