PEP Sub-Classification – useful guidance from World-Check – PEPs pose different levels of risk to your organisation and require specific treatment and monitoring based on their status.  Identifying the classification level of a PEP before screening takes place, amidst constant changes and updates, presents a particular challenge for organisations.

In order to assist organisations to classify and rank PEPs according to their individual risk based approach, appetite and jurisdiction, World-Check differentiates between 6 levels of Primary PEPs and 3 types of relationships.

World-Check PEP Sub-Classification simplifies the PEP screening process, enabling you to be more selective about which PEPs you specifically want to screen based on your appetite for risk, saving you time and money.

Organisations can use this solution to automate their PEP workload and to construct an ongoing, strategic approach to the screening of PEPs.

http://www.world-check.info/insight-pep_sub-classification_pm.html?mkt_tok=3RkMMJWWfF9wsRokuqrNZKXonjHpfsX66esoWbHr08Yy0EZ5VunJEUWy2YcIRdQhcOuuEwcWGog81wNKFuSWdIVD8Q%3D%3D
http://bit.ly/qbfGFA