Determine a more precise level of risk for politically exposed persons (PEPs) and their associates with our extensive database and smart categorization.
We use a methodology underpinning PEP data vetted and shaped by experts from the Wolfsberg Group, U.S. intelligence community and former AML officers. We’re committed to ensuring that the product meets or exceeds country- and region-specific regulatory requirements and definitions, including the USA PATRIOT Act Section 312, Financial Action Task Force (FATF) and EU Fourth AML Directive. In addition, the product assists in compliance with the Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act.
Comprehensive, fully sourced records of senior officeholders, military officials, judicial figures, statecontrolled enterprise directors, regional and municipal officials, legislators, and senior political party officials, along with family members and close associates.
Detailed coverage in 240 countries, with a special emphasis on key countries posing greater risk to our clients, requiring greater depth of information, including information on opposition party members, shadow government officials, influence peddlers, and other risk-relevant individuals
Records are built through extensive public source research and are matched against the broadest database of risk relevant information in the industry, RDC’s GRID. GRID now exceeds 8 million profiles covering adverse media, sanctions and watch lists gathered from 200,000 sources and daily updates.
PEPs are classified using a risk rating algorithm that incorporates entity risk, position risk, country corruption ratings, and any event risk, including breaking news events. Once classified, PEPs can be screened specifically based on PEP ratings and PEP categories.
A designation as a politically exposed person - a PEP - doesn’t necessarily imply any wrongdoing on the part of the designee. It does imply risk. We maintain a database of more than a million politically exposed persons and their global associates. We also created a risk rating system that incorporates key macro and micro factors.
Be confident in your alerts with a truly unique risk scoring system built on years of research exploring relativity and influential factors between PEPs across every country in the world.
Tap into global media coverage ranging from large multinational publications down to small, regional circulations with 240 countries and more than 70 languages covered.
Get relevant, relationship-level information about the individuals connected to PEPs. RDC screens and monitors PEPs against the broadest database of risk relevant information in the industry.
Our PEP coverage, together with our sanctions and adverse media screening data, provides you with a complete solution.
As a pioneer in compliance screening, RDC has now carried out over one trillion screens for more than 1,000 banks, financial institutions, FinTechs and Fortune 500 companies. Designing and optimising a customer due diligence program isn’t easy, so RDC is here to help. Based on our experience with more than…
This paper builds on our previous whitepaper, “Financial Crime: Can We Win the War?” and drills into customer screening and its fit within an overall Customer Identification Program (CIP) and how it is a vital element in the fight against financial crime. You will learn: What is the Customer Screening…
