Start of January of 2015 the NTLA contracted Lexis Nexis ® World Compliance ™
software to perform background screenings on new and continuing members.
These screenings are to help prevent the association and it’s members from entering into any relationships that could damage the reputation and overall mission they have set forth to uphold.
Every new and renewing company, persons and principals is required to be processed through the background screening software.
The industry-leading database searches 50 risk categories and subcategories to include:
- Sanctions & Enforcements Aggregates information from the most important sanction lists (OFAC, EU, UN, BOE, FBI BIS, etc.) worldwide, grouping them into one category. In addition, information received from enforcement lists and court filings worldwide, such as the FDA, U.S. HHS, UK FSA, SEC and more.
Politically Exposed Persons Includes profiles of the largest database of Politically Exposed Persons (PEPs), as well as those of their family members.
Adverse Media An extensive proprietary database of profiles that have been linked to illicit activities from over 35,000 news sources worldwide.
State Owned Enterprises A proprietary list of government-owned and government-linked corporations and businesses.