Global Risk and Compliance
Database Checks
In an environment of increasing legislation and regulatory activity, it is little
wonder that many businesses find it difficult to marry the demands of the regulator
with the competitive pressures and demands of the market. iCrederity not only help
reduce the cost of compliance but also help process the information faster. iCrederity
adds cost-saving, decision-making information earlier in the screening /selection
cycle than conventionally possible, allowing you to bypass undesirable customers
and only fully review desirable customers.
iCrederity conducts Global Risk and Compliance Database checks including
Indian Court Database checks and Media Search. It includes checks from all major global
regulatory, law enforcement and compliance agencies as explained below.
1. Global Politically
Exposed Persons Checks
Politically Exposed Person or PEP dataset aims at capturing information related
to the persons occupying public positions including elected representatives to the
Government, Judiciary, Armed Forces, and Police etc in various countries all over
the world. Detailed information, profiles and the associated entities of a PEP is
captured from the public domain.
2. Global Media-White
collar crimes Checks
This will entail a comprehensive check on databases comprising of white collar crimes
such as fraud, forgery, bribery, insider trading, embezzlement, computer crime,
medical crime, public corruption, identity theft, environmental crime, pension fund
crime, consumer fraud, occupational crime, war crimes and sex offenses.
3. Global Terrorists
and OFAC Checks
Information from this check will incorporate data pertaining to terrorists and their
sponsors, profiles of members of these groups. This check will also comprise of
individuals and groups involved in incidences of terrorism across the world. And
also information on terrorists, international narcotics traffickers, those engaged
in activities related to the proliferation of weapons of mass destruction, and other
threats to the national security, foreign policy or economy of the United States.
The database will contain the past and present OFAC Specially Designated nationals
(SDN) and blocked persons.
4. Global Regulatory
Checks
Global Regulatory Dataset is related to companies and individuals that have been
censured, debarred, reprimanded or fined by financial or non-financial regulatory
authorities. This dataset will detail companies and individuals who have been censured
and debarred by financial regulatory authorities for regulatory breaches.
5. Global Law Enforcement
Checks
Global Law Enforcement Dataset will comprise of records researched and collated
from several global law enforcement bodies and agencies. Information on individuals,
who are either wanted or have been prosecuted and arrested by these agencies for
various crimes, will be collated and updated through a continuous monitoring of
“Wanted Lists” and press releases published by agencies like the Central Bureau
of Investigation (CBI), Federal Bureau of Investigation (FBI), Interpol etc.
6. Court record checks
iCrederity performs India court record check that reports judgments from the Supreme
Court of India, all High Courts and Tribunals and Commissions like Central Administrative
Tribunals, Company Law Board, State Taxation Tribunal, Debt Recovery Tribunal etc.
