Core sanctions regimes covered
10+
ScreenVeritAI coverage model
Industry Workflows
Legal and Accounting Due Diligence Screening
Support client and engagement risk checks for legal and accounting practices.
Professional services teams need defensible, source-backed due diligence before engagement. This workflow supports client acceptance, matter review, and periodic reassessment.
Updated: 2026-02-20
What this workflow covers
- Screen prospective clients and counterparties before engagement.
- Support engagement committees with standardized risk evidence.
- Maintain a clear trail for internal compliance reviews.
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 be used in client acceptance workflows?
Yes. It supports pre-engagement screening and risk documentation.
Is this useful for recurring client reviews?
Yes. The workflow can be repeated for periodic or event-driven reassessment.
Can legal and accounting teams share a single standard?
Yes. The same framework can support multiple professional-service functions.
Does it provide evidence suitable for audits?
Yes. Outputs are structured for internal controls and defensible records.