by InScope-AML

February 08, 2021

Version 7.8


StartKYC credit balance counter

We have added a counter under the settings menu of InScope-AML, to keep a track of how many credits you have for your StartKYC account. This can be accessed directly in the settings menu, as shown below.

Version 7.8

The system will now alert you when your credit balance is running low or depleted entirely using the below warnings. The first warning will appear once you have less than 10 tokens. The second warning will appear once you have depleted all your tokens.

Changes to Companies Liquidated/In Liquidation

Companies in liquidation will no longer require director or company secretaries to be added, even if these are mandatory officers for serviced companies. This should allow greater flexibility for our clients who offer liquidation services. By removing mandatory directors and company secretaries we have effectively reduced the number of warnings and information requirements where these may no longer be necessary.

Reviewer feature for External Searches

InScope-AML now offers the ability to have a Reviewer/Submitter for all external searches (sanction searches or StartKYC results). This enables users to enact the four-eyes principle. One party opens and checks the result for matches and then passes the result on to the reviewer for sign off. This option is not automatically enabled for existing InScope-AML environments. Should you wish to enable this feature kindly contact support.

There are two ways to configure this feature. One option is to enable any user to submit/review a result, providing they have the necessary permissions. The second option offers a stricter control which makes it mandatory for the reviewer and submitter to be different users.

When reviewing an external search result, the “Save and Close” button has been replaced with a “Submit for Review”:

Once the search is submitted for review, a warning is generate for the approver to review and close off the search. Once an approver, opens the search results screen, the following options are shown at the bottom of the page to enable the user to approve or reject the external search.

On the entity’s External Searches screen, the details around the Last Search also shows the status of the search, who submitted it and who closed it and comments as shown below. Opening up the search details shows a historic trail of all actions taken by the users around the search.

Note that once a search is in review, monitoring on that entity is effectively paused until the open search is approved or rejected.

Other Minor Changes

Bug Fixes

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