Connect to a Company
Connect to any company, anywhere in the world, using the REG Network.
REG NETWORK FEATURE:
AML Screening
Screen every company and officer you trade with against sanctions lists, Politically Exposed Persons registers and adverse media, in real time. AML Screening is included as part of your REG Network subscription, giving your compliance team a first line of defence against financial crime without slowing down onboarding.
Screen faster. Trust the result. Stay compliant.
Manual sanctions and PEP checks are slow, inconsistent and easy to fall behind on. AML Screening gives you an automated, continuously refreshed view of the financial crime risk sitting behind every counterparty, so your team can make confident decisions instead of chasing checks.
-
Protect Your Business
AML checks are a safeguard against becoming directly or indirectly caught up in criminal activity. Screening every counterparty as standard means financial crime risk is caught before it becomes your problem, not after.
-
Comply With International Law and Regulatory Obligations
Automatically screen any business and its officers against international sanctions lists, PEPs and adverse media. Meet your anti-money laundering obligations without building and maintaining the process yourself.
-
Reduce False Positives, Stay Current
Automated matching cuts down the noise so your team reviews genuine risk, not a wall of irrelevant hits. The REG Network continually re-screens your connections, so a clean result today does not go stale tomorrow.
How AML Screening Works on the REG Network
Manual, point-in-time sanctions checks leave gaps the moment they are run. AML Screening replaces that with continuous, automated coverage, from first connection to ongoing monitoring.
Add Contact Details
Add contact information for the connection if the company is not yet registered with REG.
Receive Matches Instantly
Instantaneously receive matches for Sanctions, PEPs and Adverse Media against the company and its officers.
Make a Risk-Based Decision
Review the results and make a risk-based decision on the AML exposure of your trading partner.
Stay Monitored
REG Network monitors your connections on a continuous basis, so you are alerted the moment something changes.
Built on Real-Time Coverage, Verified Sources and Automation
Real-Time and Continuous Surveillance
A sanctions or PEP check is only accurate at the moment it is run. Static, point-in-time screening leaves a gap between checks that a manual process cannot close, and that gap is exactly where risk goes unnoticed. AML Screening replaces the single check with constant monitoring, so your compliance controls stay tight for the life of the relationship, not just at onboarding. Rather than relying on someone remembering to re-run a check, the REG Network does it continuously in the background and surfaces a change the moment it happens.
Verified and In-Depth
Every match is drawn from thorough, diligent screening across multiple secure sources covering sanctions lists, PEP registers and adverse media, not a single feed that may be incomplete or out of date. That depth matters when a regulator asks how a decision was reached. You are not relying on one data point, you have a verified, defensible picture of the risk a counterparty presents, built from sources your compliance team can stand behind.
Automated and Centralised
Screening results, alerts and supporting data live in one place instead of being scattered across inboxes, spreadsheets and separate tools. Automated matching filters out irrelevant noise so your team spends time on genuine risk decisions, not manually reviewing false positives. The result is faster decisions and compliance resource freed up for the judgement calls that actually need it, not administrative overhead.
What to Look for in AML Screening Software
For insurers, brokers and MGAs, the financial crime risk usually sits with the businesses you trade with and the people who own and run them, across a distribution chain that keeps changing. When you compare AML screening solutions, test them against how your firm actually onboards and oversees trading partners:
The company and its officers. Screening should check the business and the individuals behind it, not just a name.
Sanctions, PEPs and adverse media in one check, rather than three separate tools and three sets of results.
Continuous re-screening, so a counterparty that was clean at onboarding is flagged if its status changes.
Match handling you can defend. Fewer false positives, and a clear record of how each decision was reached.
One place for the results, alongside the rest of your counterparty due diligence.
AML Screening on the REG Network is built around that model. It screens every company and officer you connect with, re-screens them continuously and keeps results and alerts in one place, so your AML screening platform becomes part of onboarding rather than a separate task.
Stay Ahead of Your AML Obligations
Faster onboarding, smarter assessment and safer oversight. AML Screening puts you in control of financial crime risk without slowing your business down.
Frequently Asked Questions
What is AML screening software?
AML screening software checks the businesses and people you deal with against sanctions lists, Politically Exposed Persons registers and adverse media, and flags any matches for review. For insurers, brokers and MGAs, that usually means screening trading partners and their officers at onboarding, then re-screening them for as long as the relationship lasts, rather than relying on a single manual check.
What should insurers look for in AML screening software?
Look for screening that covers the company and its officers, checks sanctions, PEPs and adverse media together, and re-screens continuously rather than once. Match handling matters too: fewer false positives and a clear record of each decision make a regulator’s questions easier to answer. Finally, check that results sit alongside your wider counterparty due diligence, not in a separate tool.
Do brokers and MGAs need to screen the businesses they trade with?
UK financial sanctions apply to every UK firm, and the FCA expects regulated firms to have systems and controls that stop them being used to further financial crime. Screening the brokers, MGAs, coverholders and suppliers in your distribution chain is a practical way to show those controls work. How deep you go should follow your own risk assessment of each relationship.
What does AML Screening check for?
AML Screening checks a company and its officers against international sanctions lists, PEPs registers and adverse media, giving you a real-time view of financial crime risk before and during a business relationship.
How often is a connection re-screened?
The REG Network continually re-screens your connections, so results stay current without you needing to manually re-run checks or set calendar reminders.
Does AML Screening replace my compliance team's judgement?
No. AML Screening surfaces matches and risk indicators, but the decision on how to act on a match, including whether further due diligence is required, remains with your compliance team.
How does REG handle false positives?
Automated matching is designed to reduce false positives, and the REG Data Team supports ongoing management of matches, so your team reviews genuine risk rather than irrelevant noise.
Is AML Screening included in REG Network, or is it a separate cost?
AML Screening is included as part of your REG Network subscription. There is no separate product to buy.
How does AML Screening fit alongside Declarations?
AML Screening tells you whether a company or its officers present a financial crime risk. Declarations tells you who those officers and Ultimate Beneficial Owners (UBOs) actually are. Used together, you get a verified picture of who you are dealing with and whether they present a risk.