AML Watchlist

An AML watchlist is a list that contains the names of individuals, entities, or organizations identified as high-risk for potential money laundering or other financial crimes. These watchlists can be internal, created based on the organization’s risk criteria, or external, referencing lists from regulatory bodies and international organizations. Compliance teams use watchlists to screen clients and transactions and detect potential risks.

AML watchlists are a key component of due diligence and ongoing monitoring processes. They help organizations comply with sanctions and anti-money laundering regulations while minimizing their exposure to financial crime risks.