This article lists the categories BNDRY screens entity records against, the source basis for each, and BNDRY's data provider arrangement.
Screening categories
| Category | What is covered |
|---|---|
| Sanctions |
|
| Politically exposed persons (PEPs) |
|
| Adverse media |
|
| Regulatory warnings |
|
| Fitness and probity |
|
Source basis and methodology
Sanctions, regulatory warnings, and fitness and probity records are drawn from government, regulator, and law-enforcement publications, and refreshed as source authorities publish updates. Adverse media is monitored continuously, drawing on official government and law-enforcement publications and supplemented by reputable mass media where formal records are not yet available.
PEP records are compiled in-house by BNDRY's data providers against national AML/CTF legislation and official government sources. Categorisation aligns with:
- the Financial Action Task Force (FATF) Recommendations
- Wolfsberg Group principles
- the EU 4th Money Laundering Directive (4MLD)
- the UK Money Laundering Regulations 2017
- United Nations Convention Against Corruption (UNCAC) definitions
Adverse media categorisation aligns with FATF and EU Money Laundering Directive predicate offences.
Data provider arrangement
BNDRY contracts with two independent screening data providers, configured in a primary and secondary arrangement. Both are recognised industry sources whose data is compiled from official government, regulator, and law-enforcement publications, and subject to independent audit. The dual-provider model exists to:
- maintain screening availability if a provider experiences an outage or data-quality incident
- let BNDRY reconcile findings across independent datasets where additional verification is warranted
- support continuity during provider transitions, contract changes, or regulatory shifts
Further information
For specific provider names, audit certificates, jurisdictional source breakdowns, or other coverage detail, contact support@bndry.net. BNDRY provides this for vendor risk assessments and AUSTRAC AML/CTF program documentation, under your existing service agreement.
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