Which would be an appropriate tuning of a sanctions screening tool?
A.
Limit the customer address and/or name data being screened to reduce the generation of false positives.
B.
Tune the screening tool to generate matches to variations of spellings of sanctions targets and sanctioned jurisdictions.
C.
Tune the screening tool to only generate matches to exact known spellings of sanctions targets and sanctioned jurisdictions.
D.
Limit the spelling variations of sanctioned target and jurisdiction names being screened against to reduce the generation of false positives.
The Answer Is:
B
This question includes an explanation.
Explanation:
Appropriate tuning must maintain the tool’s ability to capture spelling variations, transliterations, and linguistic differences. This is essential for detecting sanctioned parties that may appear under alternate spellings (e.g., Arabic, Cyrillic transliterations).
Exact-match screening (C) or limiting variations (A, D) leads to missed true positives and violates regulatory expectations for effective sanctions screening.
[References:, Wolfsberg Guidance on name-matching and spelling-variation recognition., Importance of fuzzy and variant matching in sanctions screening systems., , ]
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