Setup and Customise Scan Settings¶

Permissions¶

Settings and Policies¶

A number of settings and policies can be applied to streamline and standardise the scanning and matching process, in accordance with the appropriate AML/CTF or AML/CFT legislation. They can be applied at organisation level to have preset settings, or set as User Defined to provide flexibility for the authorised user to adjust prior to scanning.

Customisation of the scan settings and policies may significantly reduce the number of false positive matches, enabling a more targetted and refined screening process.

The following scan settings and policies listed below affect matching and is recommended to be reviewed.

• Watchlist category selection to define scope of screening
• Name Match type for exact or close matches on names
• Close name match rate threshold for relevant of results
• Whitelist policy to take into consideration due diligence decisions
• Country of residence policy to match using location information available in the watchlist profiles
• Default country of residence to nominate a default country where the screened individual's country of residence in the address cannot be identified
• Politically Exposed Person (PEP) jurisdiction policy to enable exclusion of PEPs and RCAs (Relatives and Close Associates) within specific countries e.g. domestic PEPs.
• Ignore Date of Birth Policy to enforce matching of Date of Birth or Year of Birth

For details of the settings and policies, please refer to Scan Settings in Guides > Administration > Manage Organisation.