Ask AwraIQ about features, pricing, onboarding, login, integrations, security, demos, mobile apps, automation, reports, or support.
Tax & Compliance · Definition
Checking counterparties against restricted-party and sanctions lists.
Sanctions screening compares supplier, customer and related-party names against published restricted lists before onboarding and periodically thereafter. A match must be investigated before trading proceeds.
Screening once at onboarding is not enough, because lists change and ownership changes. Periodic rescreening of the active vendor base is what catches a supplier who became restricted after approval.
Also called
Tax & Compliance runs on this vocabulary every day in AWRA OpsHub — 17 of our 257 glossary terms describe things the platform actually does.