SCT11 - Compliance Management

Tools and features to ensure regulatory compliance across operations via API

SCT11 - Compliance Management

Tools and features to ensure regulatory compliance across operations, including KYC/AML workflows, transaction monitoring, and regulatory reporting through the API.

Overview

This capability provides API access to comprehensive compliance management tools to help your platform meet regulatory requirements across all markets you operate in.

Features

Feature	Description
KYC/AML Workflows	Customer verification processes
Regulatory Reporting	Automated regulatory reports
Transaction Monitoring	Real-time transaction screening
Audit Trail	Complete activity logging
Sanctions Screening	Global sanctions list checking

Configuration Options

Level	Features	Automation
Basic	Essential compliance	Manual workflows
Standard	Comprehensive management	Semi-automated
Advanced	Full automation	Regulatory updates auto-applied

API Usage

Initiate KYC Verification

POST /api/v1/verification/kyc
Content-Type: application/json
Authorization: Bearer {access_token}

{
  "customer_id": "cust_123456",
  "verification_level": "STANDARD",
  "documents": [
    {"type": "PASSPORT", "document_id": "doc_abc123"},
    {"type": "PROOF_OF_ADDRESS", "document_id": "doc_def456"}
  ]
}

Response:

{
  "verification_id": "ver_xyz789",
  "customer_id": "cust_123456",
  "status": "IN_PROGRESS",
  "checks": [
    {"type": "IDENTITY", "status": "PENDING"},
    {"type": "SANCTIONS", "status": "PASSED"},
    {"type": "PEP", "status": "PASSED"}
  ]
}

Screen Transaction

POST /api/v1/compliance/screen
Content-Type: application/json
Authorization: Bearer {access_token}

{
  "transaction_id": "txn_abc123",
  "amount": 5000.00,
  "currency": "EUR",
  "sender": {"name": "John Doe", "country": "DE"},
  "recipient": {"name": "Jane Smith", "country": "GB"}
}

Response:

{
  "screening_id": "scr_123456",
  "result": "PASSED",
  "risk_score": 15,
  "checks_performed": [
    {"type": "SANCTIONS", "result": "CLEAR"},
    {"type": "PEP", "result": "CLEAR"},
    {"type": "ADVERSE_MEDIA", "result": "CLEAR"}
  ]
}

Get Compliance Report

GET /api/v1/compliance/reports/sar?period=2024-01
Authorization: Bearer {access_token}

Response:

{
  "report_type": "SAR",
  "period": "2024-01",
  "total_alerts": 45,
  "filed_reports": 3,
  "pending_review": 12,
  "dismissed": 30
}

Verification Levels

Level	Checks Included
BASIC	Identity verification
STANDARD	Identity + Address + Sanctions
ENHANCED	Standard + Source of Funds + PEP

Webhook Events

{
  "event": "verification.completed",
  "verification_id": "ver_xyz789",
  "customer_id": "cust_123456",
  "result": "APPROVED",
  "timestamp": "2024-01-15T10:30:00Z"
}

Integration with Other Capabilities

Capability	Integration
SCT03 - Country	Country-specific compliance rules
SCT04 - Payments	Transaction screening
SCT06 - Decision Support	Compliance dashboards

Related API Reference

Verification APIs

View detailed compliance API specifications

Subscription Tier Availability

Tier	Configuration Level
Starter	Basic
Professional	Standard
Enterprise	Advanced
Custom	Configurable