Adverse Media Check
Global & Reliable Adverse Media Screening
Our ongoing Adverse Media monitoring keeps you informed in real time of any risk associated with your customer and enables you to meet your AML compliance obligations when onboarding your clientele.
Adverse Media Categories
What is Adverse Media?
As the name implies adverse media, also referred to as negative media, is any sort of unfavourable or negative information found in a large range of sources. These sources can be traditional outlets, such as newspaper and websites or unstructured sources such as social media. Conducting business with persons or organisations who have an extensive profile of adverse media can present potential risk and will need to be managed to mitigate the risk.
Where does Adverse Media come from?
Adverse media can be generated from a range of different sources. These sources are, but not limited to, newspapers, blogs and radio. Increasingly, negative news can be generated through social media channels, forums and website posts.
Why Conduct Adverse Media Scans?
Checking for adverse media during the Know Your Customer (KYC) process is a critical step to protecting any entity from falling victim to money laundering and terror financing activities. Identifying and monitoring adverse media is compulsory in order to adhere to customer due diligence processes and various regional legislation.
If news breaks that a client of yours was linked to unethical activities such as money laundering or terrorism financing, you will need to be able to identify these stories as quickly and efficiently as possible and determine what the appropriate actions should be in order to manage your risk.