Screen each customer and its owners before activating the account
Every customer, each beneficial owner, and each control person is screened against the SDN List and OFAC’s consolidated sanctions list when onboarding information is submitted. No account is activated and no transaction is processed until a screening result is on file, and the screen is repeated at each periodic review.
Event-driven
Each new customer, before account activation; again at each periodic review
Run the watchlist screen on the entity, its owners, and its control persons, record the result against the customer, and keep activation blocked until a clear result or a closed investigation is on file.
- Screening result
Platform report per entity, owner, and control person with match dispositions
- Activation gate record
Date of screening result and date of activation, showing the order
Operations
Leela can watch for the trigger, keep the clock, and flag what is late.
Leela can watch that a screening result exists for every customer and owner and flag any account activated without one.
Tell Leela about your company to see whether this applies.
Tell Leela how you handle it today, or hand it over: see what’s next.