E-commerce · Cross Border
Sanctions and restricted-party screening
Published · Reviewed by The Diligence Standard Team · Updated
Counterparties, banks, owners and shipment routes require current screening under the actual transaction.
Records to reconcile
- Supplier legal names and owners
- Payment beneficiaries
- Freight and country routes
Warning signal
Payments or documents identify parties not present in the approved supplier list.
Transaction impact
Transactions, inventory and banking relationships may be interrupted.
Response
Escalate current screening to qualified compliance professionals.