Anti-Money Laundering · glossary
A screening hit on a name that matches the sanctions list but belongs to someone else. Merranby’s was a name similar to the settlor’s, with another date of birth. The File keeps the hit and the reason it was cleared. Screening Record, paragraph 4 · Chapter 5 · see OFSI
Explained in Chapter 5, PEPs, Sanctions Screening and Enhanced Due Diligence, of Anti-Money Laundering.
A false positive is a name that matches the list but belongs to someone else. The passport settles the question, because a government issued it, not the family. The record keeps the hit and the reason it was cleared. Anyone who checks the File later can see why work went on.Read Chapter 5, PEPs, Sanctions Screening and Enhanced Due Diligence →
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