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Guide · LexisNexis Risk Solutions
Sanctions and PEP Screening Guide
Regulators expect firms to screen customers, suppliers, payments and beneficial owners against sanctions, PEP and adverse media lists — and to evidence that the screening works, not merely that it ran. This sanctions screening guide covers list coverage and update frequency, fuzzy matching and threshold tuning, false-positive reduction, alert triage and escalation workflows, four-eyes review, and the audit trail examiners ask for. It reflects how we deploy LexisNexis Risk Solutions WorldCompliance data and Bridger Insight XG screening for regulated clients.
What you will learn
- What sanctions, PEP and adverse media list coverage your risk appetite actually requires
- How to tune fuzzy matching thresholds so you cut false positives without missing true hits
- Alert triage, escalation and record-keeping workflows that survive an inspection
- How to test and document screening effectiveness for regulators and auditors
Who this is for
AML, sanctions and financial crime compliance teams
Payment operations and screening analysts
Banks, fintechs, money service businesses and corporate service providers
Topics covered
Sanctions screeningPEP screeningAdverse media screeningFalse positive reductionScreening audit trail
Frequently asked questions
- Who must be screened against sanctions and PEP lists?
- Customers, beneficial owners, directors, suppliers and, for many firms, payment counterparties — at onboarding and on an ongoing basis as lists change.
- How do we reduce false positives safely?
- By tuning fuzzy matching thresholds against a tested sample, enriching records with dates of birth and identifiers, and documenting every threshold change. The guide explains the testing method.
- What evidence do regulators expect?
- List coverage and update logs, matching configuration, alert triage and escalation records, four-eyes review and periodic effectiveness testing — all covered in the guide.
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