scan

Scanning process

The scanning process examines text for occurrences of names or other information identified in any of the industry based sanctions lists. Two issues are raised for any screening method. First, the risk of not identifying a blocked person or entity when it is present in the scanned text(false negative). Second, the cost of stopping a transaction when in fact there is not a blocked entity in the scanned text(false positive). The design of the SDN Scanner recognizes that the cost of false negative transactions is high and gives priority to eliminating such items.

Custom list

Sanctions lists include a broad set of names and terms which are in common use. The SDN Scanner supports a Custom list that allows users to improve the accuracy of the scan by qualifying specific text as pre-approved(not in need of further review). The Custom list also allows users to include text which is not specified in the primary sanctions lists. An included entry is treated like any blocked entity and creates a reportable item when matched.

List preparation

Sanctions lists selected by the user and the user's Custom list are combined into a scanning dictionary that's used to examine text.

Sanctions lists

Any combination of lists can be used. The combination can include lists that we publish and the two lists that we support but do not publish. These two lists, the Custom and FinCen lists, you must upload yourself.

The following table shows the lists that we publish.

Abbr Source Name As Of Entry
Count
AKA
Entry
Count
Published
OFC OFAC SDN May 24, 2018 6,407 10,642 May 24, 2018
CN Consolidated Screening May 24, 2018 9,162 12,513 May 24, 2018
CS Consolidated Sanctions Apr 6, 2018 639 1,253 May 7, 2018
EU European Union Mar 30, 2018 2,072 5,978 May 8, 2018
HM HM Treasury Asset Freezing Unit May 21, 2018 2,113 3,459 May 21, 2018
DB Debarred Parties Aug 2, 2017 515 96 Mar 9, 2018
DP Denied Persons List Nov 22, 2016 399 12 Mar 9, 2018
FT Foreign Terrorist Organizations Jun 30, 2016 64 51 Mar 9, 2018
UC UN Consolidated May 23, 2018 1,093 2,983 May 24, 2018
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