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AML & COMPLIANCE ADVISORY

Sanctions & PEP Screening

Professional, accurate, and FTA-compliant solutions optimized specifically for your Sanctions & PEP Screening requirements in the UAE.

Real-Time
Screening
UN & Local
Lists Covered
100%
Audit Trails
Reduced
False Positives

Sanctions & PEP Screening

Transacting with sanctioned entities or Politically Exposed Persons (PEPs) carries immense legal and reputational risk. Fincore implements rigorous screening workflows to check your clients against UAE, UN, and international watchlists.

We help you integrate advanced screening tools, define escalation rules for 'hits,' and manage false positives effectively. Continuous screening is a mandatory control to prevent catastrophic sanctions breaches.

Advanced Screening Protocols

Automated and manual checks to secure your client base.

01

Targeted Financial Sanctions (TFS)

Screening clients against the UAE Local Terrorist List and the UN Security Council Consolidated List to ensure strict TFS compliance.

02

PEP Identification

Identifying Politically Exposed Persons (PEPs), their family members, and close associates to trigger mandatory Enhanced Due Diligence (EDD).

03

Adverse Media Checks

Screening prospective clients against global news databases to identify negative press relating to fraud, corruption, or financial crime.

04

False Positive Remediation

Providing the investigative expertise required to clear 'false positive' name matches quickly, ensuring legitimate business isn't delayed.

Screening Deliverables

Documented proof of your diligence.

Configured Screening Tool Workflows.
False Positive Resolution Guidelines.
Documented Audit Trails for all screened clients.

Sanctions Screening FAQs

Find answers to the most common questions about our Sanctions & PEP Screening services in the UAE.

How often should we screen our clients?+
Clients must be screened at onboarding, and the entire client database must be re-screened whenever the UAE or UN sanctions lists are updated.
What must we do if we find a true sanctions match?+
You must immediately freeze the funds or assets without prior notice to the client, and report the match to the FIU and the Executive Office for Control and Non-Proliferation (EOCN) within specific tight deadlines.
Is it illegal to do business with a PEP?+
No, it is not illegal. However, PEPs present a higher risk of bribery and corruption. You must apply Enhanced Due Diligence and obtain senior management approval before doing business with them.
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