According to the Guidelines, a licensed corporation may access a database maintained by third party service providers to be able to comply with the sanction screening requirements.

The Client may use Ascan Online services to access the database which is maintained and updated by P & L according to the Guidelines and screen their customers against sanction lists frequently or whenever the lists are updated.

In addition, our Ascan Online can also help clients to screen their customers during KYC due diligence process or when necessary.

Its basic functions are as follows:

• Sanction check
• Wanted-list check
• Know-your-client (KYC)
• Politically exposed person (PEP)