AML API

Customer screening & monitoring account settings apply to API calls, manual lookups and ongoing monitoring, ensuring consistency across all screening activities. However, API calls take precedence over account settings, meaning specific use cases can override default configurations when needed.

Key considerations:

• Account settings apply to all manual lookups by default.
• Local AML data and adverse media checks must be explicitly requested in API calls.
• API configurations override account-wide settings, allowing for flexible adjustments based on use cases.

SEON makes ongoing monitoring simple and effective, ensuring your customer profiles are always up to date. With automated checks across sanctions, watchlists, PEPs and crime lists, you can stay compliant and informed without additional manual effort. SEON's system notifies you of changes in monitored data, such as newly flagged entities or updated sanctions, keeping your compliance workflow seamless and proactive.

• Automated compliance: Monitor individuals or entities without manual intervention, reducing compliance workload.
• Alerts: Receive updates when relevant changes occur in data sources, such as newly added sanctions, flagged individuals or updated watchlists.
• Cost-effective ongoing monitoring: Keep profiles updated for 12 months at no extra cost.
• Customizable monitoring: Adjust screening frequency to match your organization’s risk appetite.

Follow these steps to enable ongoing monitoring for customers or entities.

Manual setup for individual profiles

1. Navigate to AML within the SEON Admin Panel.

2. Locate the customer’s profile using the search bar or filters.

3. Toggle Monitoring on in the AML information widget to activate recurring checks.

Automated API integration

When using SEON’s AML and EntityAPI or Fraud API with AML config, include the monitoring_required parameter in your query and set it to true.
This enables automatic monitoring for every relevant profile in your API workflow.

SEON lets you choose how often names or entities are checked against data sources. Adjust settings to align monitoring with your risk appetite:

1. Go to Settings ? System ? AML ? Monitoring.
2. Select your desired frequency:
3. Daily and on every database change: Ideal for high-risk profiles needing immediate updates.
4. Weekly or monthly: Suitable for medium-risk customers requiring regular oversight.
5. Quarterly, twice a year or yearly: Best for low-risk profiles where infrequent checks suffice.
6. Save your settings to apply changes across your monitored profiles.

Ongoing monitoring runs in the background on a scheduled basis. If new information appears about a previously reviewed match, SEON will:

• Reopen the case and update the status to "Reopened."
• Send notifications via email or webhook to alert analysts depending on their preference.
• Allow analysts to organize their workflow by filtering the "Reopened" statuses to see an organized view of new hits.

Customize your AML screening by selecting which of the four main source types — PEP, Sanctions, Watchlists, Crime Lists and Adverse Media — you want the AML API to check.

You can select crime subcategories you wish to include in the filter. Only crimes within these selected categories will appear in your results. If none are selected, we will ignore these fields, meaning no crime types will be filtered out.

The FATF crime filter includes the following categories:

• Illicit drug trafficking: Crimes related to the illegal trade, manufacturing and distribution of controlled substances.
• Terrorist crime: Offenses involving the financing, support or execution of terrorist activities.
• Environmental crime: Crimes against the environment, including illegal pollution, waste disposal and wildlife trafficking.
• Murder or inflicting physical harm: Violent crimes resulting in death or physical injury to individuals.
• Fraud: Deceptive practices designed to secure unfair or unlawful financial gain, including identity theft, cyber fraud and financial misrepresentation.
• Robbery: Theft involving the use or threat of force, including armed and violent robberies.
• Kidnapping: Crimes involving the unlawful abduction or detention of individuals, often for ransom.
• Theft: General acts of stealing or unlawfully taking property.
• Illicit weapon possession: Crimes related to the unauthorized possession, trafficking or use of weapons.
• Sexual offenses: Crimes of a sexual nature, including sexual assault and exploitation.
• Harassment: Repeated and unwanted conduct causing alarm or distress, including cyber harassment and stalking.
• Smuggling: The illegal transport of goods, people or substances across borders, often to evade legal controls.
• Counterfeit currency: Crimes involving the creation, possession or distribution of fake currency.
• Counterfeiting: Crimes related to the production or distribution of fraudulent goods, documents or currency.
• Organized crime: Activities associated with criminal organizations involved in multiple illicit activities.
• Corruption: Acts of bribery, embezzlement and the abuse of power for personal or financial gain.
• Non-FATF minor crimes: Minor offenses that are not categorized by FATF but may still be relevant in certain AML contexts.
• Human trafficking: Crimes involving the exploitation of individuals through coercion, force or deception for labor or sexual purposes.
• Tax crime: Crimes related to tax evasion, tax fraud and related offenses.
• Market manipulation: Financial crimes aimed at interfering with the fair operation of financial markets, such as insider trading and securities fraud.
• Other: This category represents cases where the crime type data may not align with the predefined FATF categories or where the data is unavailable. To ensure potentially high-risk cases are not unintentionally filtered out due to missing category data, it’s recommended to keep "Other" selected.

Example Configuration Scenarios

Terrorism-focused compliance: An organization may select only Terrorist crime, Illicit weapon possession, Counterfeit currency and Organized crime to focus on cases specifically associated with terrorism financing.
Anti-fraud focus: Entities prioritizing anti-fraud should select Fraud, Market manipulation and Tax crime to monitor activities that may indicate fraudulent financial behaviors.