The job runs every Monday at 00.00 hrs. (early hours of Monday), and it imports the sanctions list XML file into our system.
It then performs certain actions such as verifying, validating and comparing data against the Sanctions List.
Here is a step-by-step process involved:
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Checks if the partner's legal name matches the sanctions list
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Checks if the partner has changed the name and if so checks if the old name is on the sanctions list
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Checks if the partner has an Alias if so checks if the alias matches the sanctions list
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Checks if the organization head of the partner is on the sanctions list
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Checks if the director of the partner is on the sanctions list
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Checks if the officer of the partner is on the sanctions list
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Checks if any partner members are on the sanctions list
If there is an exact match, then a sanction record is inserted in our Database and the Partner is flagged.