Understanding How to Manage False Positives in Denied Party Screening - Descartes - Jackson Wood
The stakes are high for sanctions compliance and the impact of false positives in denied party screening is severe. False positives inflate the cost of compliance, and carry hidden costs, obscure real threats, drains resources, and greatly increases the risk of sanctions violation and penalties. It is therefore mission critical to develop the right strategies for managing and minimizing the occurrence of false positives in denied party screening results.