Palestine – Software package and information systems – Software solution to screen third parties against international sanctions lists and other ad-hoc lists. The screening of potential beneficiaries against international and ad-hoc sanctions lists

The World Compliance, Inc. software World Compliance solution (WC) is used to screen beneficiaries against international and ad-hoc sanctions lists. These lists refer to various risk categories, including money laundering, terrorism financing, financial fraud, human, arms and drug trafficking, and politically exposed persons. Such screening is an essential feature of all PEGASE Direct Financial Support programmes (notably, the Civil Servants and Pensioners and Cash Transfer Programme), which represent a major share of EU financing in Palestine. It is also used to screen potential contractors of contracts awarded by EUREP.