Information Industry–Factiva
Formal Launch: Factiva Public Figures & Associates
From the announcement, “Factiva Public Figures & Associates identifies individuals who may require enhanced scrutiny due to their political connections, a major focus of recent anti-money laundering legislation, including the USA Patriot Act, and established benchmarks such as the Customer Due Diligence for Banks from the Basel Committee on Banking Supervision. It also includes lists of specially designated nationals such as those produced by the US Office of Foreign Assets Control and the European Union.” Note: This database is not available to current customers or potential Factiva customers. According to this page, the sale of Factiva Public Figures & Associates is limited in all countries to companies or institutions that fall within one of three categories defined below:
* Companies who would use the services to comply with legal duties and regulations. The only legal duty currently recognized is that of �know your customer� specifically in relation to protection against money laundering. Other duties may be added.
* Governmental organizations that would use the services in performing their statutory duties.
* Organizations that would use the services in performing law enforcement duties.
See Also: Learn More About Factiva Public Figures & Associates

This entry was posted on Tuesday, September 24th, 2002 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.