Global Risk List

Sinopay global risk list provides first-class data solutions and services to help financial institutions and cross-border enterprises reduce third-party risks such as money laundering, sanctions, bribery and corruption. Enterprises can use the accurate and reliable risk list data of China payment to efficiently complete customer identification, screening and other third-party authentication.

List coverage

Global Sanctions List

Official sanctions information released by international organizations, financial institutions and major economies (including China), etc

PEPs

The global identity of senior government officials includes government officials, politicians and their relatives.

Entity information of other high risk countries and regions.

其他官方名单&排除名单

Individuals on the enforcement list, individuals subject to regulatory enforcement / warning, and individuals prohibited from engaging in certain types of activities (i.e. import / export, travel, etc.).

Benefits

The global risk list provides an authoritative and efficient tool for customer identification and risk rating.

To help you meet the requirements for CDD in the《 Administrative measures of financial institutions on customer due diligence and customer identity data and transaction records preservation (Revised Draft for comments) 》in 2021.

Reduce compliance risk

Provide global key information of high-risk people and institutions, and supports filtering for specific lists, data sets or specific fields, such as name, date of birth, etc.

Identify potential money laundering

Sinopay anti-money laundering professional team helps financial and payment institutions to establish anti-money laundering and anti-terrorism financing compliance system, and find the risk of violation in advance through daily business process optimization.

Simplify CDD process

Sinopay global risk list aims to reduce the burden of daily customer identification. The search process can be customized to reduce false positives. Provide continuous identification function to simplify KYC process.

Authoritative and reliable data sources

The data come from the international sanctions information, official agencies list, government and agency official website and other public and authoritative channels.

Timely data update

Synchronize official authoritative information, professional data research team and data collection, sorting and cleaning mechanism.

Flexible access

The global risk list supports both manual query and API docking, which can be seamlessly integrated with customer business.

Multi-scene application

CDD

Based on the information of sanctions, politically sensitive persons and high-risk entities, the relevant persons often represent higher risks and are more likely to participate in financial crimes such as money laundering or terrorist support.

Sinopay believes that preventive and monitoring measures can be taken for these "risk exposures". According to the new requirements for《 Administrative measures of financial institutions on customer due diligence and customer identity data and transaction records preservation (Revised Draft for comments) 》in 2021, the accurate person data and risk data provided by the risk list can help you identify the customer's identity and accurately assess the risk level of the customer, Understand why it becomes a high risk, and timely take re-due diligence measures or strengthen due diligence, reduce screening costs, timely discover potential business risks.

Identifying high risk people and institutions around the world

With the help of the data of high-risk people and institutions, acquiring banks, clearing institutions and payment institutions can find out the risk merchants in time and exclude them from their own business.

PEPs
Sanction list - Inividual
Sanction list - Institution
Sanction list - Vessel
Sanction list - Institution（Aircraft）
Sanction list - Institution（Nation）
Sanction list - Institution（Bank）

Based on sanctions information, sanctions ownership, other official information

Anti terrorism financing refers to combating and preventing the following terrorist financing acts: terrorist organizations and terrorists collect, possess and use funds or other forms of property. Assisting terrorist organizations, terrorists and crimes of terrorism and terrorist activities with funds or other forms of property.

The global risk list of Sinopay covers sanctions information, sanctions ownership and other official lists. Through the accurate screening system, it helps state-owned enterprises and some merchants screen their partners to avoid terrorist financing and money laundering.

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