A common question we receive is “Why does my monitor stay in ‘PENDING’ status for the first 3 days? Can’t I get results instantly?” 📌 What Does “Pending” Mean? When you create a monitoring record, the status may appear as “PENDING” during the first three days only if no hits (matches) are found immediately. This […]
Why is monitoring important? Simply put, it’s the Law. The Anti Money Laundering and Prevention of Funding of Terrorism Regulations require that subject persons monitor customers and involved parties against Politically Exposed Persons (PEPs) lists and sanctioned lists for potential political exposure and sanctioned status. When are we obliged to monitor? If it is an […]