Various regions impose different legal requirements upon crypto providers. As a provider, you should be aware of your regional legal obligations, and comparing your customer list (Identities) against a government-provided watchlist may be part of it.
CAS enables you to compare the known details about your customers against various watchlists.
This can be done manually or automatically (once or periodically).
The Identity receives the message “We are sorry, but you need to register.”
You’ll receive a notification that the Identity is banned.
Watchlist Identity Found
Sends a notification when there is an Identity match on the watchlist.
When a scan (of any type) is performed, it will be noted on the Identity page.
Both the first name and the last name matches (the score is 100), then it is labeled: Full Match.
Either the first name or last name matches (the score is 50), then it is labeled: Partial Match.
No match = OK.
Excluding an Identity
Not every watchlist hit is legitimate. In some cases, an identical name can trigger a watchlist result. How you eliminate such individuals as the person identified on the watchlist - is up to you. If you’re absolutely certain that the watchlist is wrong, then you may eliminate them from future “hits”.
Locate the “Party Id” from a previous Watchlist Scan.