Financial crime risk management

Financial crime risk management refers to the processes and solutions used to identify, assess, and mitigate the risk of money laundering, sanctions violations, terrorist financing, bribery and corruption, and other criminal activities that pose a threat to financial institutions and other regulated organisations. It involves robust screening, monitoring, and due diligence to ensure compliance with global and local regulations.

LSEG helps organisations manage financial crime risk through its comprehensive Risk Intelligence solutions. This includes LSEG World-Check for screening and monitoring, due diligence reports for deeper investigative insights, innovative identity verification, and account verification services to help organisations successfully manage risk. These solutions enable proactive risk identification, support regulatory compliance, and help protect reputation.

LSEG Risk Intelligence solutions address a broad range of financial crime risks, including sanctions breaches, risks associated with politically exposed persons (PEPs), terrorist financing, fraud, bribery and corruption, and exposure to adverse media. World-Check’s extensive data, combined with targeted due diligence and media screening, helps organisations uncover hidden risks throughout their customer and third-party networks.

LSEG’s Financial Crime Risk Management solutions are used by financial institutions, regulators, fintechs, insurance companies, corporates, non-governmental organisations, and law enforcement agencies. These organisations rely on LSEG’s Risk Intelligence solutions to help them meet global compliance standards and protect against financial and reputational harm.

LSEG Risk Intelligence solutions support Anti-Money Laundering (AML) compliance by providing comprehensive risk data through World-Check, enabling screening against global watchlists and PEP lists. Enhanced due diligence reports help organisations understand higher-risk relationships, while ongoing media monitoring ensures continuous monitoring of potential risks, supporting robust Know Your Customer (KYC) and transaction monitoring processes.

Yes, LSEG’s financial crime risk solutions, including World-Check and due diligence tools, can integrate seamlessly with existing compliance workflows via flexible API connections. This enables efficient integration into onboarding, transaction monitoring, and case management systems to streamline risk detection and decision-making.

World-Check risk intelligence data is compiled and verified by a global network of hundreds of research analysts and subject-matter experts. The data is sourced from reputable public domain sources and continuously updated to ensure accuracy, timeliness, and relevance. This helps organisations meet regulatory obligations and make informed risk-based decisions.

Yes, LSEG’s financial crime risk management solutions, including World-Check, due diligence, and media screening, are designed to help organisations comply with global and local regulatory requirements. They support adherence to standards and guidelines such as FATF recommendations, EU AML Directives, OFAC sanctions regulations, and various local KYC and AML obligations worldwide.