Parallel makes it easy to configure custom risk lists, including parameters such as countries of operation. These lists are essential for efficiently identifying and classifying potential risks, ensuring that the appropriate level of Customer Due Diligence (CDD) is applied.
Country lists published by key regulatory bodies are updated in Parallel's systems so you can use them in your risk assessments. These include:
FATF/GAFI country blacklist and greylist.
List of Non-Cooperative Countries and Territories (PTNC) 🇪🇸
Ministry of Finance’s List of Non-Cooperative Jurisdictions 🇪🇸
Jurisdictions with Equivalent AML Requirements 🇪🇸
EU List of High-Risk Third Countries with Strategic Deficiencies 🇪🇺
EU List of Non-Cooperative Jurisdictions for Tax Purposes 🇪🇺
You can use these lists in visibility and calculation conditionals to detect and assess whether your client resides in or holds the nationality of any country included in your lists.
