You can protect your business from financial losses, legal sanctions and reputational losses that may arise as a result of cooperation with Russian and Belarusian companies and individuals subject to sanctions, using the service developed by YouControl IT company.
This is a new international opportunity that allows you to check connections with politically significant representatives and persons who are included in the list of sanctioned CIS countries at the deepest level of communication.
Service Benefits
After the special operation in Ukraine began, the IT company began to develop the RuAssets service to search for assets and check the links between politically exposed persons and persons involved in the sanctions lists. In peacetime, this product would be designed for regular AML and KYC operations, which would simplify the work of compliance and risk managers, but today we have gathered all our strength to warn the whole world about the threat of cooperation with a business that is “Russian trace”. RuAssets allows you to provide:
- careful analysis of the links between countries and people at different levels;
- fast corporate and individual international verification;
- quick and easy identification of links with politically exposed persons and persons under sanctions;
- identification of military terrorists involved in the Russian-Ukrainian war and the occupation of Ukrainian territories;
- soon there will be information about real estate, such as real estate, aircraft, land and so on.
Today RuAssets is ready to use, but will be constantly updated and developed. The company uploads multiple sets of data over the course of a week or a few days, such as UK, Cyprus or Russian real estate listings. The company has many years of successful experience in creating AML and KYC systems used by international companies. 95% of Ukrainian banks have integrated YouControl into their business processes.
YouControl is recommended by the National Bank of Ukraine and the National Corruption Prevention Agency. The main task of YouControl is to promote the expansion of international cooperation by creating a transparent business environment. The service enjoys the trust and recognition of Ukrainian state authorities, national and international media, because they are the ones who are interested in identifying and facilitating the freezing of Russian assets.