Enhanced Due Diligence

Anti-terrorism requires enhanced due diligence

In the worldwide fight against terrorism and illegal funding, knowing who your customers are is an important legal and business matter. When financial institutions inadvertently allow criminals to transact business, take part in anti-money laundering or finance terrorists, they stand to lose a great deal. From the embarrassment of overlooking criminal behavior to the loss of shareholder value due to falling revenues, the fallout from failing to know who your customers are is significant. Enhanced due diligence concerning customers is now required by corporate governing bodies of many organizations, as well as by governmental regulations such as the US PATRIOT Act. The cost and loss of productivity that can occur because of enhanced due diligence requirements is significant, and organizations worldwide are seeking ways to accomplish more with less. For organizations seeking ways to simplify enhanced due diligence, Dow Jones has an effective solution.

Dow Jones provides effective, efficient solution for enhanced due diligence

Dow Jones Watchlist is a knowledge management tool that organizations can use in performing enhanced due diligence concerning individual customers. It's a far-reaching and up-to-date directory of the identities of Politically Exposed Persons (PEPs) who may require greater scrutiny in order to prevent illegal activity. Dow Jones Watchlist also includes information on the relatives and close associates of PEPs, whose financial activity may also need extra attention. Simple to use and easy to integrate with existing compliance technology, Dow Jones Watchlist allows organizations around the world to more effectively and efficiently perform enhanced due diligence.

Better tools for enhanced due diligence

Dow Jones Watchlist provides organizations with an array of tools for conducting enhanced due diligence.

• Comprehensive Coverage - with information on over 500,000 people in every country in the world, Dow Jones Watchlist is the most comprehensive global index of public figures and their associates
• Person Identification Data - use dates and places of birth, aliases, spelling variations on names and secondary or previous occupations to more accurately identify PEPs
• Specially Designated Persons and Entities - internationally recognized lists of officially sanctioned individuals and entities
• Relatives and Close Associates - includes biographic details of relatives, friends and colleagues
• Facts from Reliable Sources - information from more than 28,000 sources in 23 languages is included
• Up-to-Date Internet Information Services - constantly updated by a multilingual team of researchers
• Country Profiles - provide political, economic and social context for persons under scrutiny

For more information about Dow Jones products and services, visit www.dowjones.com.