After the sanctions lists review has been completed, we will deliver a clear and comprehensive report on it. The report includes useful company analyses, and it is a concrete proof that a sanctions list check has been performed; it even shows the source material used for the check. The report can also be used in a due diligence process.

Malliraportti 1, pdf
Malliraportti 1 englanniksi, pdf
Malliraportti 2, pdf
Malliraportti 2 englanniksi, pdf

We offer a modern interface service that can be easily connected to different kinds of information systems. It can be used to outsource all the complicated and high-maintenance steps that the implementation of sanctions list management requires.

The DOKS Sanctions API technology has been implemented utilising the REST principle, which is a method to build interface architecture based on HTTP.  The JSON format is used as the mode of data transfer.

It is easy and quick to adopt the interface. We attend to our customers’ needs and offer concrete help. Our experience of dozens of successful projects ensures that the system is launched and implemented without problems.

DOKS is a tool for expertly attending to the requirements of the Act on Preventing Money Laundering. In DOKS, sanctions list reviews are an inbuilt feature in which the saved customer information is always under sanctions list monitoring. However, DOKS is also much more than that, and it includes, for example, tools for strong identification as well as verifying PEP information and beneficial owners. It also includes a whistleblowing channel.

Sanctions list control requires high technology for name matching. It is difficult to match names on sanctions lists. The system must take into account the spelling, potential spelling mistakes, the order of the different parts of the name as well as other shortcomings. The compared names may include nicknames, aliases, titles and other parts that may make it difficult to match them.

DOKS solves these challenges by combining machine learning with traditional methods of matching names in order to determine the search points.

Proper sanctions list control is included in the requirements of money laundering legislation. It is also a way to reduce internal and external risks.

Complying with international economic sanctions has become increasingly important. International sanctions refer to economic sanctions or sanctions on other cooperation directed at named parties aiming at impacting the policies or activities of the party in question considered to be a threat to international peace and safety. The sanctions may be financial sanctions to prevent terrorism or other financial sanctions resulting in the freezing of assets. The assets within the EU of individuals or entities on a sanctions list must be frozen and all business activities with them refused.

If an obliged entity detects a person or entity among its customers on an asset freezing or sanctions list, the observation must be reported without delay to the Helsinki office of the National Enforcement Authority Finland, and it must refrain from all activities related to the assets of the person or entity in question.

Violating decisions concerning asset freezing as well as international sanctions decrees is punishable in accordance with the Criminal Code of Finland (RL 46:1.3) Naturally, it also brings considerable damage to reputation.