Catagories

AML Watcher accepts following Categories.

Catagories	Description
Fitness and Probity	Fitness and Probity refer to evaluating an individual's or entity's competence, skills, integrity, and ethical conduct in the financial services industry.
Warnings and Regulatory Enforcement	Warnings alert individuals or entities to rule violations, while regulatory enforcement involves imposing penalties or legal actions for non-compliance with laws and regulations.
Sanctions	Sanctions are penalties or restrictions imposed by authorities on individuals, organizations, or countries for violating laws or international norms.
Adverse Media	Refers to negative or damaging information about individuals, organizations, or entities that can pose significant risks to businesses and other institutions.
PEP Level 1	High-risk PEPs - State and government executives, military/judicial/law enforcement leaders, parliament officials, prominent political party figures.
PEP Level 2	Medium-high Risk PEPs - Senior state/military/law enforcement officials, high-rank civil servants, religious/state agency leaders, ambassadors/diplomats/commissioners.
PEP Level 3	Medium-risk PEPs - Senior management in government-owned businesses, state organization board members.
PEP Level 4	Low Risk PEPs - Senior officials/employees in international bodies, state/district assembly members.
SIP	SIP (Special Interest Person) - Special Interest Persons are individuals that present a heightened level of risk due to their suspected or confirmed involvement in criminal activity.
SIE	SIE (Special Interest Entity) - Special Interest Entities are companies/organisations that present a heightened level of risk due to their suspected or confirmed involvement in criminal activity.
Insolvency	Insolvency - Companies and organisations that are unable to pay their debts they owe or have been declared bankrupt by judicial process.
Business	Business - A Business refers to an organization or entity engaged in commercial, industrial, or professional activities. Businesses operate with the goal of earning a profit by providing goods or services to customers. They play a crucial role in the economy, driving innovation, creating jobs, and contributing to economic growth.
Businessperson	Businessperson - A Businessperson is an individual who is involved in the management, operation, or ownership of a business. They are responsible for making strategic decisions, managing resources, and ensuring the success and growth of the business. Businesspersons may be entrepreneurs, executives, or managers within a company.