Automate your sanctions and AML processes
Companies must comply with sanction rules, identify anti-money laundering practices (AML), and prevent terrorism financing (CTF).
Screening is expected at every business-relevant moment. Bluem ensures that you can comply with the Wwft* while keeping costs under control.
We conduct worldwide checks on sanctions, PEPs, and criminals, for both individuals and companies. Free support. Simple pay-per-use model. No bundles or advance payment.
*The Anti-Money Laundering and Terrorist Financing Act (Wwft).
only €0.115 per check*
*excluding volume discount
Automate your sanctions and AML processes
Companies must comply with sanction rules, identify anti-money laundering practices (AML), and prevent terrorism financing (CTF).
Screening is expected at every business-relevant moment. Bluem ensures that you can comply with the Wwft* while keeping costs under control.
We conduct worldwide checks on sanctions, PEPs, and criminals, for both individuals and companies. Free support. Simple pay-per-use model. No bundles or advance payment.
*The Anti-Money Laundering and Terrorist Financing Act (Wwft).
only €0.115 per check*
*excluding volume discount
Automate your sanctions and AML processes
Companies must comply with sanction rules, identify anti-money laundering practices (AML), and prevent terrorism financing (CTF).
Screening is expected at every business-relevant moment. Bluem ensures that you can comply with the Wwft* while keeping costs under control.
We conduct worldwide checks on sanctions, PEPs, and criminals, for both individuals and companies. Free support. Simple pay-per-use model. No bundles or advance payment.
*The Anti-Money Laundering and Terrorist Financing Act (Wwft).
only €0.115 per check*
*excluding volume discount
Global PEP & Sanctions List Screening
Screening against international sanctions and PEP lists is mandatory in sectors such as asset management, cryptocurrency, igaming, business & risk intelligence, finance, banking, insurance, accountancy, fintech, and real estate business.
Screenings are expected to take place several times during the customer's lifecycle—not just once during the Know Your Customer (KYC) procedure, but at every business-relevant moment.
Starting from the customer's onboarding, continuing through every major financial transaction, and again over time. Bluem enables companies to comply with legal requirements while keeping costs under control. Our API checks for:
• Global sanctions
• International and national PEPs
• Global and regional criminals
Global PEP & Sanctions List Screening
Screenings are expected to take place several times during the customer's lifecycle—not just once during the Know Your Customer (KYC) procedure, but at every business-relevant moment.
Starting from the customer's onboarding, continuing through every major financial transaction, and again over time. Bluem enables companies to comply with legal requirements while keeping costs under control. Our API checks for:
• Global sanctions
• International and national PEPs
• Global and regional criminals
Screening against international sanctions and PEP lists is mandatory in sectors such as asset management, cryptocurrency, igaming, business & risk intelligence, finance, banking, insurance, accountancy, fintech, and real estate business.
Global PEP & Sanctions List Screening
Screening against international sanctions and PEP lists is mandatory in sectors such as asset management, cryptocurrency, igaming, business & risk intelligence, finance, banking, insurance, accountancy, fintech, and real estate business.
Screenings are expected to take place several times during the customer's lifecycle—not just once during the Know Your Customer (KYC) procedure, but at every business-relevant moment.
Starting from the customer's onboarding, continuing through every major financial transaction, and again over time. Bluem enables companies to comply with legal requirements while keeping costs under control. Our API checks for:
• Global sanctions
• International and national PEPs
• Global and regional criminals
Quality in screening
We aim to provide our clients with the highest possible data quality. This means, for example, minimizing false positives.
To achieve a global quality standard, we collect, process, link, and verify data daily from thousands of PEP, sanction list, and judicial sources. Through our REST API or dashboard, you can check individuals and companies in real-time to comply with compliance regulations.
Accelerate your CDD process by up to 75% and globally screen your business and individual clients for PEP, sanctions, and criminal activities using the Bluem solution. Your compliance team will receive PEP, sanction, and criminal data and insights for a reliable KYC process, allowing new clients to be accepted smoothly and with confidence. Applications:
•
New clients/partners: real-time onboarding check
•
Existing relationships: periodic compliance check (frequency: daily / weekly / bi-weekly / monthly / quarterly / semi-annually / annually)
•
In significant financial transactions or events
Quality in screening
To achieve a global quality standard, we collect, process, link, and verify data daily from thousands of PEP, sanction list, and judicial sources. Through our REST API or dashboard, you can check individuals and companies in real-time to comply with compliance regulations.
Accelerate your CDD process by up to 75% and globally screen your business and individual clients for PEP, sanctions, and criminal activities using the Bluem solution. Your compliance team will receive PEP, sanction, and criminal data and insights for a reliable KYC process, allowing new clients to be accepted smoothly and with confidence. Applications:
•
New clients/partners: real-time onboarding check
•
Existing relationships: periodic compliance check (frequency: daily / weekly / bi-weekly / monthly / quarterly / semi-annually / annually)
•
In significant financial transactions or events
We aim to provide our clients with the highest possible data quality. This means, for example, minimizing false positives.
Quality in screening
We aim to provide our clients with the highest possible data quality. This means, for example, minimizing false positives.
To achieve a global quality standard, we collect, process, link, and verify data daily from thousands of PEP, sanction list, and judicial sources. Through our REST API or dashboard, you can check individuals and companies in real-time to comply with compliance regulations.
Accelerate your CDD process by up to 75% and globally screen your business and individual clients for PEP, sanctions, and criminal activities using the Bluem solution. Your compliance team will receive PEP, sanction, and criminal data and insights for a reliable KYC process, allowing new clients to be accepted smoothly and with confidence. Applications:
•
New clients/partners: real-time onboarding check
•
Existing relationships: periodic compliance check (frequency: daily / weekly / bi-weekly / monthly / quarterly / semi-annually / annually)
•
In significant financial transactions or events
Check automatically with
our REST API
Automate your sanction checks and PEP screenings with our developer-friendly REST API.
We offer an API solution that seamlessly integrates with your onboarding, CCD, or KYC process. What data do we provide? The service includes the delivery of basic sanction, PEP, and criminal data if there is a match. Our advantages: Coverage in 150+ countries; 100% automatic & real-time; minimal false positives.
Check automatically with
our REST API
Automate your sanction checks and PEP screenings with our developer-friendly REST API.
We offer an API solution that seamlessly integrates with your onboarding, CCD, or KYC process. What data do we provide? The service includes the delivery of basic sanction, PEP, and criminal data if there is a match. Our advantages: Coverage in 150+ countries; 100% automatic & real-time; minimal false positives.
Check automatically with
our REST API
Automate your sanction checks and PEP screenings with our developer-friendly REST API.
We offer an API solution that seamlessly integrates with your onboarding, CCD, or KYC process. What data do we provide? The service includes the delivery of basic sanction, PEP, and criminal data if there is a match. Our advantages: Coverage in 150+ countries; 100% automatic & real-time; minimal false positives.
PEP
PEP
PEP
Dealing with PEPs (Politically Exposed Persons) is an important aspect of customer due diligence under the Wwft. In principle, you can accept PEPs as clients, but only under strict conditions.
Dealing with PEPs (Politically Exposed Persons) is an important aspect of customer due diligence under the Wwft. In principle, you can accept PEPs as clients, but only under strict conditions.
There is no absolute prohibition on entering into a relationship with a PEP, but enhanced due diligence requirements apply. What are these?
There is no absolute prohibition on entering into a relationship with a PEP, but enhanced due diligence requirements apply. What are these?
There is no absolute prohibition on entering into a relationship with a PEP, but enhanced due diligence requirements apply. What are these?
We aim to provide our clients with the highest possible data quality. This means, for example, minimizing false positives.
What is a PEP according to the law?
Automated checks with our REST API
What is a PEP according to the law?
A PEP (Politically Exposed Person) is someone who holds or has recently held a prominent public role. This can be in the home country or abroad (within the EU, a distinction is now made between domestic and foreign PEPs).
A PEP (Politically Exposed Person) is someone who holds or has recently held a prominent public role. This can be in the home country or abroad (within the EU, a distinction is now made between domestic and foreign PEPs).
Examples:
•
Heads of state, ministers, members of parliament
•
Supreme Court Judges
•
Ambassadors
•
Senior military officials
•
Members of the governing bodies of state-owned enterprises
•
Family members and close associates (such as business partners)
A PEP status remains in effect for at least 12 months after the termination of the position, so organizations must continue to actively monitor.
A PEP (Politically Exposed Person) is someone who holds or has recently held a prominent public role. This can be in the home country or abroad (within the EU, a distinction is now made between domestic and foreign PEPs).
PEP acceptance as a client is allowed under strict conditions
PEP acceptance as a client is allowed under strict conditions
When can you accept a PEP as a client?
When can you accept a PEP as a client?
You can accept a PEP as a client, but only if the following conditions are met:
You can accept a PEP as a client, but only if the following conditions are met:
Enhanced Due Diligence (EDD) has been applied:
•
You have fully established and verified the identity of the PEP and their UBOs.
•
You have identified the source of the assets and resources.
•
You have clearly defined the nature of the business relationship.
Approval from senior management has been given:
•
The decision to initiate or continue the client relationship is explicitly made by a senior-level executive (for example, a compliance officer or a board member).
Enhanced transaction monitoring process is implemented:
•
The customer is subject to more intensive and frequent monitoring of transactions.
•
Risks are documented in the client file.
You can accept a PEP as a client, but only if the following conditions are met:
Enhanced Due Diligence (EDD) has been applied:
•
You have fully established and verified the identity of the PEP and their UBOs.
•
You have identified the source of the assets and resources.
•
You have clearly defined the nature of the business relationship.
Approval from senior management has been given:
•
The decision to initiate or continue the client relationship is explicitly made by a senior-level executive (for example, a compliance officer or a board member).
Enhanced transaction monitoring process is implemented:
•
The customer is subject to more intensive and frequent monitoring of transactions.
•
Risks are documented in the client file.
We aim to provide our clients with the highest possible data quality. This means, for example, minimizing false positives.
A PEP (Politically Exposed Person) is someone who holds or has recently held a prominent public role. This can be in the home country or abroad (within the EU, a distinction is now made between domestic and foreign PEPs).
When should you avoid accepting a PEP?
Automated checks with our REST API
When should you avoid accepting a PEP?
There is no legal prohibition, but it is wiser to refuse or end the relationship if:
There is no legal prohibition, but it is wiser to refuse or end the relationship if:
•
The origin of the assets is not transparent or verifiable.
•
The PEP prevents negative media or corruption cases.
•
The PEP originates from a high-risk country or conflict area (FATF list).
•
There are risks of sanctions or reputational risks.
•
The involved PEP opposes transparency or the provision of information.
•
Your organization is unable to adequately mitigate risks with controls.
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions
Summary: Admission Decision for PEP's
Automated checks with our REST API
Summary: Admission Decision for PEP's
Situation
Allow?
Terms
Foreign PEP
Foreign PEP
Yes, subject to EDD, approval, monitoring
Yes, subject to EDD, approval, monitoring
Yes, subject to EDD, approval, monitoring
Mandatory under the Anti-Money Laundering Act
Mandatory under the Anti-Money Laundering Act
Domestic PEP
Domestic PEP
Yes, but also increased duty of care
Yes, but also increased duty of care
Yes, but also increased duty of care
Since 2020, domestic PEPs are also included under the PEP policy
Since 2020, domestic PEPs are also included under the PEP policy
PEP with unclear origin of funds
PEP with unclear origin of funds
No (decline)
No (decline)
No (decline)
Excessive risk
Excessive risk
PEP with sanctions connection or involved in corruption
PEP with sanctions connection or involved in corruption
No (decline)
No (decline)
No (decline)
Reputation and compliance risks are too great
Reputation and compliance risks are too great
A PEP that is transparent, EDD succeeds, oversight possible
A PEP that is transparent, EDD succeeds, oversight possible
Yes
Yes
Yes
If all legal requirements are met
If all legal requirements are met
