PEPs & Sanctions Monitoring

What PEPs and sanctions checks are mandatory in the UK?

What PEPs and sanctions checks are mandatory in the UK?

Politically Exposed Persons (PEPs) and sanctioned individuals, entities or nations are two critical areas of compliance for regulated firms.  As part of their obligations in the prevention of money laundering, terrorist financing and other forms of financial crime, firms must … Read More

Politically exposed persons (PEPs)

What is a PEP?

A Politically Exposed Person (PEP) is someone who is more susceptible to being involved in bribery and corruption due to their public position or function. These individuals may have been entrusted with a high-position by a community institution, an international … Read More

Are all Politically Exposed Persons (PEPs) high-risk?

Why are PEPs high-risk, or are they not all that bad?

In the regulation of financial services, a politically exposed person (commonly known as a PEP) is one who has been appointed to a prominent public function. These individuals may have been entrusted with a high-position by a community institution, an international body or state, within the last 12 months.  … Read More

PEPs and sanctions monitoring brochure

PEPs & sanctions monitoring brochure

NorthRow’s PEPs & sanctions monitoring provides outstanding efficiency and delivers regulatory compliance. … Read More

What Are the 7 Biggest Mistakes Firms Are Making When it Comes to PEPs & Sanctions?

What Are the 7 Biggest Mistakes Firms Are Making When it Comes to PEPs & Sanctions?

There is still a great deal of confusion surrounding the client due diligence process.One area that causes the greatest confusion relates to the 4MLD approach to Politically Exposed Persons (PEPs) and Sanctions checks on individuals and entities. The following represent 7 main misconceptions relating to PEPS and Sanctions Compliance. … Read More

Politically Exposed Person (PEP)

Politically Exposed Person (PEP)

NorthRow has a ‘PEP Tiering Guidance’ system that can serve as a framework for its to follow due diligence investigations. In accordance with a risk-based approach, the categories are divided into 4 different priority levels please see below the diagram. … Read More

improved PEPs and sanctions monitoring

NorthRow’s New Improved PEPs & Sanctions Monitoring Functionality

At NorthRow we are continuously improving our single API solution to ensure our clients have access to the highest quality data and most innovative solution on the market to maximise, efficiency, to improve client experience and to help mitigate business risk for regulated companies. … Read More