Adverse Media
What is adverse media screening?
What are the sources for adverse media screening?
The sources used for Adverse Media Screening can vary and depend on the industry objective. They range from primary search engines to sanction lists, governmental lists, other official records, social media, and any additional information that can provide accurate information to serve the investigation's objective. The screening results can be divided into three categories, including no matching results, true positive hits, and false positive hits.The burdensome of false positives or what we call ‘noise’ has to be limited and is key to enhance the efficiency of the screening (tool).
What are the challenges with adverse media screening?
How can Pideeco help you with Adverse Media?
Adverse media screening can be tricky to configure, time-consuming, and requires experts to tweak to get the best results. Our decade-long experience in the world of compliance can help your company to:- Set-up and configure your adverse media screening tool.
- Adjust the thresholds of your screening tool to get the best results possible.
- Draft or improve your screening policies and procedures.
- Carry out blacklist, sanction, or PEP screening on your behalf.
- Set-up a whitelist to exclude false positives from your tool.
- Advise you on source for the screening tool lists.
Let us know how we can help! We'll get back to you lightning quick!
You'd rather talk face to face? Complete the form and schedule a meeting
Continuous business monitoring and reporting can save time and resources while improv...
Compliance, with the applicable legal framework, depends on the action plan t...
Adverse media, or negative news, screening is an essential process for financial inst...
The integrity of a company is important and can be strengthened by having well-define...
Good corporate governance is essential to support business growth. Good governance pr...
What is a Compliance Risk Assessment?A Compliance Risk Assessment (CRA) is the identi...
What are policies and procedures?Policies and procedures are the backbone of a compan...
No matter the area, accidents are sometimes inevitable. Effective procedures followin...
What is benchmark regulation?Following the Libor (London Inter-bank Offered Rate) sca...
The Risk-Based Approach (RBA) is a methodology for prioritizing a company'...
Most financial institutions agree that we live in an ever more complex regulatory lan...
In many nations, it is necessary to identify UBOs (Ultimate Beneficial Owners) to com...
The financial crisis of 2008 led the European Union to adopt new rules to inc...
We'll present you the technology to stop money laundering and terrorist financing
Central Compliance is the organization of all the compliance monitoring and controlling the professional activities of a given business or company thr...
Return to central compliance
In the past decade, a series of leaks from insider sources have shed light on the complex systems of money laundering, tax evasion, and fraud perpetrated by certain countries and wealthy individuals. The profound work carried out by international journalists in publish...
Read more Author What else ?