Finops Check
Who Can Use It?
About Finops Check
Finops Check is our compliance and risk assessment platform designed to help users identify sanctions related to various entities, including individuals, organizations, and assets such as vessels and crypto wallets. By entering the name of an entity, users can quickly ascertain any sanctions against it, along with detailed information on multiple sanctions if applicable. This service enhances our clients' due diligence efforts and supports informed decision-making in financial and regulatory contexts.
Sanctions
Sanctions are legal measures imposed by governments or international organizations to restrict trade and financial transactions with specific entities. These measures aim to enforce compliance with laws and enhance national security. Sanctions can encompass various actions, including asset freezes, travel bans, trade restrictions, and limitations on financial transactions, as well as prohibitions on certain goods and services. At Finops Check, we provide essential services to identify sanctions associated with various entities, ensuring our clients maintain compliance and mitigate legal risks.
Politically Exposed Person (PEP)
A Politically Exposed Person (PEP) is an individual who holds a significant public role, such as government officials, judges, or military leaders. Due to their influential positions, PEPs may be at a higher risk of involvement in corruption or bribery, necessitating enhanced scrutiny in financial transactions. At Finops Check, we provide services that identify any sanctions associated with PEPs and other entities. This ensures that our clients can conduct thorough due diligence, mitigating potential risks and ensuring compliance with regulations.
Adverse Media
Adverse media screening, also known as negative news screening, is a critical component of risk management and compliance. It involves monitoring publicly available information to identify negative news about individuals or entities that could pose legal, financial, or reputational risks. By detecting media related to fraud, corruption, money laundering, terrorism financing, and other criminal activities, businesses can make informed decisions and ensure compliance with regulations such as anti-money laundering (AML) and counter-terrorism financing (CTF).