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Could be specific address or name, we would not know since the match in the list is not disclosed. It can also be false positive, the compliance departments u

by mrtksn 5y ago

Could be specific address or name, we would not know since the match in the list is not disclosed. It can also be false positive, the compliance departments use specialized software do a non-exact match since it’s not a straightforward process because countries use different alphabets, address systems, naming conventions etc. So they identify potential risky clients and someone does an assessment and if they think that it could be a real match they pull the trigger. Sometimes your names is Ahmad, other times it’s Yuri and and the life is not easy for you.

judge2020 5y ago
To add, Apple got in trouble when it did only do an exact match: https://www.wsj.com/articles/apple-settles-allegations-of-u-s-sanctions-violations-11574728054 https://www.wsj.com/articles/apple-settles-allegations-of-u-... > On the day Mr. Stjepanovic and SIS were blacklisted, Apple ran the new designations against its app developer account holder names. But the company’s sanctions-screening tool failed to identify SIS as a blacklisted entity because Apple’s system listed the company as “SIS DOO,” rather than “SIS d.o.o” on OFAC’s list, according to the agreement.