3.6. Payments Screening
Effective from 4/7/2021LFIs should also screen information regarding counterparties of all incoming and outgoing transfers in order to identify any potential match to Listed Persons. The information to be screened includes:
| • | The parties involved in a transaction, including the sender and the receiver; | |||
| • | Third parties and intermediaries; | |||
| • | Bank Names, Bank Identifier Code ("BIC”) and other routing codes; | |||
| • | Free text fields; | |||
| • | International Securities Identification Number (“ISINs”) or other risk relevant product identifiers (there are multiple fields in the identifier information section for sanctions lists. An ISIN number can be screened as an identifier number similar to a date of birth/passport number, and towns/regions can be screened as jurisdictions operating in); | |||
| • | Geography, including addresses, countries, cities, towns, regions. | |||