When conducting customer due diligence (CDD), financial institutions (FIs) must assess prospective customers against a variety of risk factors. One of these is adverse media, or negative news: information from media sources indicating that a customer may represent a money […]
Adverse media, sometimes called negative news, refers to information from news and other media sources that suggest an individual or entity may represent a financial crime risk. Because of the insights adverse media can provide, screening for it forms an […]
