Best Practice AML CFT Compliance Seminar 13 th April

Best Practice AML/CFT Compliance Seminar 13 th April, 2011 World-Check Anti-Corruption & Compliance Seminar, Palić Vasco Nesti Senior Consultant World-Check Central-Western & Eastern Europe STRICTLY CONFIDENTIAL

STRICTLY CONFIDENTIAL

World-Checks Global Research centres • Toronto • Boston • New York • London • Katowice • Beijing • Frankfurt • Shenzhen • Switzerland • Madrid • Dallas • Hong Kong § Lebanon • Mexico • Pakistan • Dubai • Mumbai • Panama City • Penang • Singapore • Colombia • EDD Specific • World-Check centres • Santiago • South Africa • Sydney • Buenos Aires STRICTLY CONFIDENTIAL

Who relies on World-Check? • Over 5 000 clients in over 162 countries • 49 of the world’s top 50 banks • More than 200 regulatory and law enforcement agencies • More than 70% of the Egmont FIUs • € 65 m revenue in 2010 • More than 200 enforcement and regulatory agencies in 90+ countries STRICTLY CONFIDENTIAL

1. Unparalleled dedication & commitment • Operating centers on 5 continents covering all time zones • 24/7 Research coverage and 24/5 client support • 500 s of researchers and investigators mastering more than 50 languages and dialects • 15 000 – 20 000 new profiles added every month • 22 000 – 26 000 existing profiles updated every month • All international sanctions lists are monitored and integrated (OFAC, EU, UN, UK etc. ) • In addition to the official lists we offer 23 different categories of profiles: – PEP, Terrorism, Organized crime, Financial crime, Embargo, Fraud, Drug trafficking, etc. STRICTLY CONFIDENTIAL

1. Unparalleled dedication & commitment • Special Terrorism and Insurgency Research Unit • Research team to PEP Data Mining • Dedicated Organised Crime & Counterfeiting Research Unit • Research unit specialising in OFAC and Global Sanction Lists • Specialist Enhanced Due Diligence Unit STRICTLY CONFIDENTIAL

2. Relentless commitment to innovation • Anonymity and security – 128 bit encryption (certified) No audit trail • Dynamic Download – Users able to choose the data and slice to suit requirements • Linked/cached archive of millions of source documents • Anonymous name reporting – at no additional cost • Multiple reporting options – proof of due diligence STRICTLY CONFIDENTIAL

Our solutions / Our products ONLINE • The web-based risk screening service, that offers manual checks through an anonymous access to our database. Passport-Check • The ideal tool to verify the authenticity of ‘machine readable’ (MRZ) passports and ID’s from more than 180 countries. DATA-FILE • With this solution you can download our Database inhouse for automated real-time screening of your customer base, international payments, etc… The datafile is updated twice daily and can be embedded in into all major software applications. STRICTLY CONFIDENTIAL

Our solutions / Our products Iran Economic Interest solution (IEI) • Currently the only Database in the world including individuals and entities involved in nuclear and energy activities according to the lists of Iran sanctions published in 2010 by US, UN, EU, Australia, Japan etc. Country-Check • A global jurisdictional risk index calculator, useful foreign jurisdictional risk assessment and offshore due diligence activities Due Diligence Reports • Provide detailed insight to reduce your business, legal and reputational risks. We offer 3 x levels of discreet due diligence reports, with dedicated research centres located across five continents and the largest research team in the industry. STRICTLY CONFIDENTIAL

3. Focus on risk-relevant intelligence You have to comply with several or all of these requirements: International & National Sanctions & Embargo’s Anti-Money Laundering Anti-Terrorist Financing Politically Exposed Persons Criminal Proceeds Act + Reputational Damage Only World-Check can provide the data required to address all of these requirements STRICTLY CONFIDENTIAL

Number of profiles Unparalleled terrorism content World-Check’s Terrorism and Insurgency Research Unit (TIRU) has to date identified and profiled over 47 000 terrorism-related individuals and entities OFAC + UK HM Treasury + EU + UN, have listed approximately 1 000 unique terrorism-related entries – making up only 2. 1 % of World-Check’s overall terrorismrelated content Data as at Jan 2010 STRICTLY CONFIDENTIAL

5. The ultimate early warning system World-Check regularly alerts clients to high risk individuals and entities often years prior to their inclusion in official government lists. Since 2005 World-Check has been ahead of OFAC more than 280 times STRICTLY CONFIDENTIAL

7. OFAC coverage – beyond comparison… Example: OFAC SDN entry for Viktor Bout May 2008: It doesn’t really tell you much STRICTLY CONFIDENTIAL

Mr. Viktor Bout first profiled in December 2000. World-Check has been monitoring his and his associates’ movements for 8 years World-Check profiles are highly structured with more than a dozen information and identification fields for ease of reference Name Category Official Listings Aliases Alternative Spelling Position Date of Birth Location Country STRICTLY CONFIDENTIAL

First profiled in December 2000. World-Check has been monitoring his and his associates’ movements for 8 years Profiles are linked to their relatives, associates, middlemen, to give a better understanding of hidden risks STRICTLY CONFIDENTIAL

First profiled in December 2000. World-Check has been monitoring his and his associates’ movements for 8 years Uniquely World-Check also tracks companies and entities associated with each individual often used as ‘vehicles’ for illicit activities STRICTLY CONFIDENTIAL

First profiled in December 2000. World-Check has been monitoring his and his associates’ movements for 8 years We provide hyperlinks to the source documents used to create the profile for ease of verification STRICTLY CONFIDENTIAL

Relying on official lists is not enough. . . OFAC 1 Narcotics crime +606 340 1 584 Politically Exposed Persons +14 100 911 Organised crime World-Check +44 600 Approximately 30% of the OFAC list is comprised of narcotics entries More than 67% of these are Colombian Data as at October 2009 STRICTLY CONFIDENTIAL

6. Tracking associates ? ? Front Men Advisors ? ? Family Associates STRICTLY CONFIDENTIAL

Defining PEPs: Politically Exposed Persons It is critical that your vendor’s coverage be set to the same definitions by which you will be judged OECD, Wolfsberg Principle Group, FATF, ETC Senior political figures Ranging from the mayor of a significant city, up to diplomats, members of parliament and heads of state Those exposed to them Family members, businesses, bankers, frontmen STRICTLY CONFIDENTIAL

9. The market pioneer and undisputed leader • World-Check is a pre 9/11 company • Created specifically to assist the Swiss banking community mitigate KYC risk • Passionate about finding the ‘pieces of the puzzle’ that convert data into intelligence to provide easy and quickly decision for our clients • Committed to data quality like no other provider • Thought leaders and innovators And… …with 20 000 manual searches carried out on World-Check Online last year… We are unique STRICTLY CONFIDENTIAL

www. world-check. com For more information : Vasco Nesti, Senior Consultant Central-Western & Eastern Europe vn@world-check. com STRICTLY CONFIDENTIAL