In an era of heightened security, exporters are responsible for determining whether individuals, companies, or organizations are restricted from conducting trade and ensuring that they are compliant with government trade regulations.
Since a politically exposed person (PEP) generally presents a higher risk for potential involvement in bribery and corruption by virtue of their position and influence, there arises a need to identify these individuals before it's too late.
Amber Road's PEP screening tool helps companies mitigate the economical and reputation risk of doing business with PEPs. Key features include:
Coverage of 220+ dedicated PEP lists
Compliance with anti-money laundering, anti-corruption, and anti-bribery laws
Cost-efficient automated screening of customers, partners, and associates against international databases of high-risk PEPs
Storage and linkage of key information for PEPs