Uncovering true risk levels in your customer screening process

All of the participating banks recognised the importance of running adverse media screening checks as part of their compliance and anti-money laundering (AML) procedures. And all of them said that they screened when bringing new clients on board and then as part of their periodic know your customer (KYC) review processes. Adverse media screening allows banks to identify different types of risk which may not be covered by sanctions or traditional watchlists.