ANTI-MONEY LAUNDERING AND TERRORIST FINANCING

The services encompass all activities relating to the generation, management and analysis of alerts and cases, including documentation regarding the same, and the administration of the corporate tool selected by Santander Group (Norkom), in compliance with regulations on anti-money laundering and terrorist financing, which—since 2015—includes embezzlement, perverting the course of justice and tax offences.

ACTIVITIES

 

NORKOM ADMINISTRATION

User management
Maintenance of sanctions lists
Changes to system parameters
Quality control: batch process control
User support and incident management

ALERT ANALYSIS

Alerts management (online and batch)
Analysis of customers (KYC), transactions and accounts (new customers)
Control of participant parties, disassociated parties and shareholders
Analysis of potential fraud