Attendee Watchlist Check
Written by Michelle Henley
Updated at October 24th, 2024
Table of Contents
Use Case:
Organizations must ensure compliance with regulations aimed at preventing illegal activities, such as money laundering, fraud, or sanctions violations. Monitoring expense attendees for potential matches on public watchlists is critical to mitigating risk.
The Attendee Watchlist Check analytic helps organizations identify expense attendees who may be on public watchlists by comparing attendee details—such as name, company, and address—against lists like the US Department of Treasury's Specially Designated Nationals List, the Consolidated Sanctions List, and the US General Services Administration's SAM Exclusions Listing. This analytic flags transactions with a high match confidence score, enabling organizations to quickly identify and address potential compliance issues.
| Description |
Expense attendees who might be on a public watchlist can be identified in various ways, including name, company, address, and name and address combined.
The following watchlists are utilized:
|
| Domain(s) | Employee |
| Analysis Type | Flag |
| Focus Area | Third-Party Risk |
| Score Methodology | Matches scored in relation to the match confidence score (0 to 100). It is suggested that the values be kept greater than 90, whereas anything below 80 is considered a poor match. |
Default Scoring Criteria
Importance: 3 (default)
Enabled: True (default)
| Risk Result | Default Value | Notation |
|---|---|---|
| Weak | 92 | Match Score |
| Moderate | 96 | |
| Strong | 99 | |
| Auto | Not Set |
Unique Configuration
SAM (includes only those marked as “Individual”)
-
Name
- Attendee Name to Watchlist Name
- Requires first 4 characters to match to perform a check
-
Company
- Attendee Company to Watchlist Name
- Requires first 3 characters to match to perform a check
-
Address
- Attendee Address to Watchlist Address
- Requires first 2 characters to match to perform a check
-
Name and Address
- Attendee Name + Address to Watchlist Name + Address
- Requires first 2 characters to match to perform a check
OFAC SDN (includes only those marked as “Individual”)
-
Name
- Attendee Name to Watchlist Name
- Requires first 3 characters to match to perform a check
-
Name (AKA)
- Attendee Name to Watchlist AKA Name
- Requires first 3 characters to match to perform a check
-
Company
- Attendee Company to Watchlist Name
- Requires first 3 characters to match to perform a check
-
Address
- Attendee Address to Watchlist Address
- Requires first 2 characters to match to perform a check
-
Name and Address
- Attendee Name + Address to Watchlist Name + Address
- Requires first 2 characters to match to perform a check
OFAC Consolidated (includes only those marked as “Individual”)
-
Name
- Attendee Name to Watchlist Name
- Requires first 3 characters to match to perform a check
-
Name (AKA)
- Attendee Name to Watchlist AKA Name
- Requires first 3 characters to match to perform a check
-
Company
- Attendee Company to Watchlist Name
- Requires first 3 characters to match to perform a check
-
Address
- Attendee Address to Watchlist Address
- Requires first 2 characters to match to perform a check
-
Name and Address
- Attendee Name + Address to Watchlist Name + Address
-
Requires first 2 characters to match to perform a check
Exclusions
- Any items for address check where the address is less than 30 characters
-
Attendees where the Attendee Type is listed as:
- [X] Employee
- [ ] Health Care Provider
- [ ] Government Official
- [ ] No Show
- [ ] Guest
- [ ] Other (if configured via Reference Data)
- [ ] Unknown