Sanction Checks pinpoint individuals listed on government sanctions lists. This helps to identify those potentially involved in illegal activities like terrorism, money laundering, or other financial offenses.
PEP Checks (Politically Exposed Person) identify individuals in influential public roles, or those closely associated with them. These individuals might pose a higher risk for bribery or corruption due to their position and influence.
Certain types of business are subject to reporting obligations as “relevant firms” under financial sanctions regulations. These reporting obligations are broadly the same across each of the financial sanctions regimes. From 14 May 2025, letting agents will be subject to these reporting obligations as they will be added to the list of “relevant firms” under financial sanctions regulations.