2) Trainer script: opening lines (say this)
“Good morning — today we’re going to learn why screening is required and how
to do it in RiskScreen. By the end you’ll be able to run a RiskScreen search,
interpret sanctions / PEP / adverse-media results, decide next steps (including
escalation to enhanced due diligence), and create a compliant audit report. We’ll
do one real-time demo and then practice on example cases.”
3) Quick justification — “Why we screen” (what to say)
“Screening is required to:
(1) prevent doing business with sanctioned persons or entities;
(2) identify politically exposed persons (PEPs) and higher-risk customers who
need extra scrutiny;
(3) detect reputational risk from adverse media; and
(4) create an audited record for regulators and internal governance.
These duties flow from international AML/CFT standards and local reporting laws
(e.g., FATF recommendations and national suspicious-transaction rules).”
4) What you must have before you screen (practical checklist)
“Collect as much of the below as you can — better data = fewer false positives.”
Natural person (minimum):
Full legal name (first + last). Middle name only if available and relevant.
(Passport)
Date of birth (DOB) — helps disambiguate common names. (Passport)
Nationality / country of residence. (Passport and Proof of address)
Address (current), phone/email (if available).
Why: DOB, country and ID reduce false positives and speed verification.
Legal entity (company):
Exact company name (official registered name). (COI)
Company registration number, jurisdiction of incorporation. (COI)
Trading names / DBAs. (BRC)
Known directors / ultimate beneficial owners (UBOs). (Registers)
Registered address and any common parent company.
Why: corporate names often look similar; registration numbers and jurisdiction
make matching precise.
Note: If you don’t have DOB or company number, still run the search — but flag
the record as “insufficient ID” and note the missing fields on the customer file.
5) Key concepts to explain briefly (say this)
Sanctions lists — legally binding lists (UN, EU, OFAC, etc.) — a match is
high-priority.
PEPs — public officials + close associates — require enhanced due
diligence.
Watch lists — any official list published by governments, regulators, law
enforcement, or international bodies that identifies people or
organizations of concern, but which are not necessarily under formal
sanctions.
Adverse media / open-source intelligence — press, blogs, public
records related to the person (may indicate reputational / criminal risk).
False positives — common names or similar spellings cause these; we
must verify carefully before adverse action.
6) Live demo — Step-by-step RiskScreen workflow (trainer actions +
script)
Before demo: open RiskScreen and be logged in (Search page). If you can,
share your screen.
Below I’ll give the exact sequence and what to say at each click.
Demo Step 0 — Context & mode
Trainer: “RiskScreen has a Standard and a Pro mode. Standard is what most
onboarding checks use. Pro gives deeper adverse-media and deep-web options
(and uses more tokens per search). We only have the standard version for now”
Demo Step 1 — Choose Person or Company
Demo Step 2 — Enter name fields (First / Last; middle optional)
Say: “RiskScreen’s adverse-media search defaults to exact phrase matching for
the full name, while sanctions/PEP/watchlist uses fuzzy logic. Since we enter First
+ Middle and Last Name We need to toggle off the exact phrase matching for the
full name.
Demo Step 3 — Add DOB / country / gender / ID when available
Demo Step 7 — Review results (three buckets)
Demo Step 8 — Flag / discount / add notes / pick risk rating
Demo Step 9 — Build and save the report
Demo Step 10 — Next steps (if match)
7) How to interpret results — practical rules (say this)
Sanctions match (confirmed) → stop onboarding or conducting relevant
transaction until legal/sanctions team review; follow specific national
sanctions rules.
PEP match → treat as higher risk: gather source of funds/wealth, senior
management approval, ongoing monitoring (EDD).
Watchlist match → triage based on source & severity; may require
escalation.
Adverse media → read the article(s), check dates and context, and
decide whether they represent operational or reputational risk. Use Pro
mode date filters if you need only recent adverse results.
8) Handling false positives — short script to use
Trainer: “If it looks like a false positive:
(1) collect stronger identifiers (DOB, passport, company reg no);
(2) verify with official documents;
(3) mark the result as Discount in RiskScreen and add the reason;
9) When to escalate / do EDD / file SAR
Escalate to EDD when: PEP status, significant sanctions hit, credible
adverse media about criminality, or other high-risk indicators. EDD
typically means collecting additional documents and senior sign-off.
File a Suspicious Activity Report (SAR/STR) if you have reasonable grounds
to suspect money-laundering or TF — follow local FIU rules and filing
timelines. (FATF and national guidance require timely reporting.)
13) Trainer closing script (say this)
“Key takeaways:
screening is both a legal obligation and a risk control;
good input data reduces false positives;
RiskScreen provides structured sanctions/PEP/watchlist results and open-web
adverse-media — both need human judgment.
Always document your decision and follow internal escalation rules for high-risk
matches.”
Comment Structuring.
For Sanctions/PEP/Watchlist or Blacklist Section
1. Is it the person being searched.
2. If yes, are there any AMLCFT issues on the person?
a. If there are AMLCFT issues, then describe the AMLCFT issue noted
(E.g; pep is a PEP, watchlisted, sanctioned including what the
person is sanctioned or watchlisted for).
3. If Not related to the person being searched then discount and say it is not
the same person? Give a brief summary.
4. Say that it is relevant to your search or not.
5. Include your initials + date of riskscreen at the end of the riskscreen.
For Adverse Media Section
3 Key elements.
1. Is it related to the person being searched.
2. If yes, are there any AMLCFT issues on the person?
a. If there are AMLCFT issues, then describe the AMLCFT issue noted
(E.g; peprn is a PEP, watchlisted, sanctioned including what the
person is sanctioned or watchlisted for).
b. If there are no issues then what does the media say on the person
of how is it related
3. If Not related to the person being searched then what is the article about?
Give a brief summary.
4. Say if the article is relevant to your search or not.
5. Include your initials + date of riskscreen at the end of the riskscreen.
