What is a denied party screening?

What is a denied party screening?

Denied Party Screening is the process of identifying whether or not any parties involved in a transaction can be found on watch lists maintained by multiple U.S. government and international agencies.

What is the Denied Parties List?

The Denied Persons List is a list of people and companies whose export privileges have been denied by the Department of Commerce’s Bureau of Industry and Security (BIS). An American company or individual may not participate in an export transaction with an individual or company on the Denied Persons List.

What is MK Denial screening?

MK Denial is a dynamic and customizable system tailored to match your exact business needs. It assists in maintaining compliance by accurately identifying restricted parties entering your premises.

What is DHL denied party?

The denied parties lists are people or companies that are forbidden to ship internationally, usually identified by government bodies, as they might have been involved in illegal or fraudulent activities such as drug trafficking, money laundering, or even terrorism.

Who is responsible for denied screening?

As exporters and freight forwarders are responsible for ensuring goods arrive at their destination, they are ultimately also responsible when goods end up in the hands of any company or identified on a restricted party list. It is illegal to export to any company or individual who appears on a denied party list.

What is Visual compliance used for?

To help provide detailed proof of due diligence, Descartes Visual Compliance automatically documents the who, when, what and why of screening activities for internal use or for an official audit, allowing users to easily demonstrate their compliance activities.

What is the consolidated screening list?

The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports, or transfers of items.

What countries are embargoed by the US?

Combined, the Treasury Department, the Commerce Department and the State Department list embargoes against 20 countries or territories:

  • Afghanistan.
  • Belarus.
  • Bolivia.
  • Cambodia.
  • China.
  • Crimea.
  • Cuba.
  • Eritrea.

Does DHL require full name?

Useful information when filling in your waybill The receiver’s address and details must include the company or individual’s name – a valid contact person, contact number, email address, as well as complete mailing address including postal code.

What is Visual compliance screening?

Visual Compliance is a web-based tool that LSU uses to conduct Restricted Party and Specially Designated Nationals Screening. Getting Started. LSU faculty and staff can use Visual Compliance to access the screening database by registering with Visual Compliance to request a user name and log-in.

What is BIS unverified list?

So, what is the Unverified List(UVL)? The UVL lists names of companies that the Bureau of Industry Security (BIS) could not verify as bona fide because an end-user check could not be completed to a satisfactory level. Usually, this is due to reasons outside of the US Government’s control.

How does denied party screening work?

Automatically rescreens customers, vendors, and other business partners against changes made to denied parties lists. See how integrating denied party screening with existing business programs can help you do more with less.

What is restricted party screening software?

Restricted Party Screening Software Innovative cloud-based screening tools that enable export, trade and OFAC compliance for tomorrow—today. Whether online or integrated into your operations, our restricted party screening solutions help keep you compliant—it’s as simple as that.

Why Descartes Visual Compliance restricted party screening?

Our screening platform is trusted and recommended by customers worldwide to deliver fast, accurate, and valid results. Whether an organization needs to screen on an ad hoc basis or is looking for automated solutions to fit into existing business systems, Descartes Visual Compliance Restricted Party Screening can help.

Why cloud-based restricted party screening?

Our easy to implement, cloud-based restricted party screening platform delivers accurate results, reduces false positives, and provides visibility and vetting methodology on priority items in a centralized workflow format with an automatically generated audit trail.