Core sanctions regimes covered
10+
ScreenVeritAI coverage model
Industry Workflows
Import Export and Commodities Screening
Run counterparty checks for trading partners across import, export, and commodities operations.
Trade and commodities operations depend on reliable counterparties across multiple jurisdictions. This workflow helps identify sanctions and ownership exposure before commitments are made.
Updated: 2026-02-20
What this workflow covers
- Screen counterparties involved in import/export shipments.
- Check trading partners before high-value commodity transactions.
- Document due diligence outcomes for trade compliance controls.
Key statistics
Key workflow dimensions
4 (Sanctions, PEP, Adverse Media, UBO)
ScreenVeritAI workflow model
Compliance glossary
Sanctions screening
A control process that checks a person or entity against sanctions and watchlist datasets.
PEP
Politically Exposed Person: an individual in a prominent public function requiring enhanced due diligence.
UBO
Ultimate Beneficial Owner: the natural person who ultimately owns or controls a legal entity.
Authoritative references
- OFAC Sanctions Lists
U.S. Department of the Treasury
- EU Financial Sanctions Database
European Commission
- UN Security Council Consolidated List
United Nations Security Council
Expert perspective
\"Risk controls perform best when sanctions checks and ownership context are reviewed together.\"
ScreenVeritAI Compliance Team, RegTech Research
Frequently asked questions
Can this support global trade counterparties?
Yes. It is built for multi-jurisdiction counterparty screening in trade workflows.
Should checks run before each major transaction?
For higher-risk flows, pre-transaction checks are a strong control practice.
Can we include ownership checks in trade due diligence?
Yes. Ownership mapping helps detect indirect sanctions and related-party exposure.
Can this help trade compliance documentation?
Yes. The workflow produces evidence that can support control and audit requirements.