What is compliance screening?
Compliance screening is a vital tool for any business. It allows you to conduct due diligence on any company or individual you work with, to ensure that they are who they say they are.
Trading with businesses or individuals who are non-compliant can put your business at real risk of financial and reputational damage.
CR Comply is an automated all-in-one instant global compliance screening tool that helps your business assess third-party risk levels, quickly and reliably, so that you can accelerate your customer on-boarding processes and trade confidently.
We help you uncover sanctioned entities, Politically Exposed persons (PEPs) and adverse media on companies and individuals globally.
What does CR Comply cover and what is investigated?
Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT) and other criminal acts.
Adhere to national and international Anti-Money Laundering (AML), Know Your Customer (KYC) and Counter-Terrorism Financing (CTF) regulations with real-time, comprehensive and global screening.
Instant screening results
Screen entities and individuals for sanctions, PEPs (Politically Exposed Persons) and adverse media coverage instantly, at minimal cost.
Regular updates and monitoring
Stay informed with regular Cedar Rose updates and daily monitoring on your checked individuals and businesses, so you are notified of any potential compliance issues instantly.
Automate your compliance process
Improve efficiency by using our automated solution and seamlessly connect to our data through web, API, or batch files.
Full customisation as standard
No two businesses are the same. With CR Comply you can filter criteria and searches to meet your requirements.
Take full control of your compliance process
View your full screening history, check budgets and set credits – all at the click of a button. Find out about PEPs, global sanctions and adverse media instantly.
Global Sanctions and Watchlists Checks
Sanctions checks are comprehensive searches against multiple government and international law enforcement databases. They identify companies, individuals, countries, or organizations who are legally restricted from certain activities and/or industries.
These sanctions are an effort to stop illegal activities, which can be related to terrorism, trafficking, corruption, money laundering, and many others.
Trading with sanctioned or red-flagged entities can lead to you or your company facing prosecution, fines or even imprisonment.
Politically Exposed Persons (PEP) Screening
A Politically Exposed Person (PEP) is an individual that holds a prominent public position or function, or has immediate family members or close associates who are politically involved.
These individuals are considered high risk as they may be more susceptible to bribery, corruption, or other money laundering criminal activities.
PEP screening investigates if a person or a company is connected or related to a PEP. In this case, precautions will need to be taken for a risk-based approach and a compliant due diligence process.
Adverse Media Checks in Major Languages
Adverse media screening enables businesses to search for adverse media and negative news about a person or a business that may pose a reputational risk to your organization (such as: money laundering, financing terrorism, corruption, human or drug trafficking, tax evasion, etc.).
The objective is to uncover any criminal or illegal activity conducted by a third party you do or want to do business with and protect you from being associated with these risks.
Our solution enables you to access high-quality data with classification accuracy from hundreds of thousands of data sources searched in 14 major languages.
Speak to our team today to find out how CR Comply can help you.