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Sanction screening is a process in which companies check their business partners, debtors, employees, and transactions against national and international sanction lists. These lists contain individuals, organizations, and countries that have been sanctioned due to illegal activities, terrorism, or other threats.

Monitored Risks

Sanction screening monitors various risks, including:

Importance for Companies

Sanction screening is important for companies for several reasons:

By implementing effective sanction screening, companies can ensure that they act in compliance with the law and that their business relationships are safe and trustworthy.

Sanction Screening with 365 business Sanction Screen

365 business Sanction Screen is a solution that helps companies conduct their sanction screenings efficiently and automatically. The solution offers comprehensive coverage of over 240 data sources and enables fully automated sanction screening with configurable intervals for each entity. User-friendly visualizations and configurable notifications facilitate the monitoring and management of sanction list checks in real-time.

365 business Sanction Screen - Data Catalogs

Good to know: 365 business Sanction Screen allows the control of the sanction lists or data catalogs to be checked, depending on the individual requirements of the company.
For more information, see here.

See Also