Client: European Multilateral Development Bank
Dates Completed: 07/2022-01/2023
NLC created a Watch List for our client following related to Panama Paper Disclosures.
All potential matches to the Watch List were reviewed, by the Compliance team at the bank, in the first instant (with advice from NLC), to determine if they are ‘true matches’ or ‘false positives’.
NLC provided discounting rules to be applied, based on Best Banking Practices for discounting adverse media.
Data quality limitations were taken into account during the project and outlined to management in the accompanying final report on the engagement.
