Sanctions and PEP Screening for Belize Trust Companies and Registered Agents
Watchtower screens every person and entity you act for against the United Nations list and the Consolidated Sanctions List of the Financial Intelligence Unit of Belize. Plans start at $195 a month.
The Lists for Belize
Belize requires screening against the United Nations list and the Consolidated Sanctions List which the Financial Intelligence Unit publishes. The guidance of the Financial Intelligence Unit names the United States, European Union and United Kingdom programs as additional programs.
Watchtower screens against the United Nations list, the Consolidated Sanctions List of the Financial Intelligence Unit, and the OFAC, European Union and United Kingdom lists. Watchtower downloads the Belize list from the Financial Intelligence Unit, and your dashboard shows the date it was last updated.
Politically Exposed Persons
Watchtower screens each person you act for against a roster of over 235,000 current and former holders of public office in 121 countries and territories, Belize among them. The roster also holds the family members of an office holder whom the public record names. PEP screening is included in every plan.
Ongoing Monitoring
Watchtower screens each party on the day you add it and then every day, every week or every month. You receive one report for each run that covers every party screened in it.
Certificates for Your Regulator
You receive a certificate for each screening of each party that states the date and time, the lists and the result. Each certificate is a PDF file that is locked against editing and digitally signed, which allows your regulator or auditor to confirm that it is unchanged since Watchtower issued it.
Pricing
Starter covers up to 500 parties for $195 a month. Firm covers up to 2,000 parties for $395 a month. Institution covers up to 10,000 parties for $795 a month. Every plan includes sanctions screening, PEP screening, the Watchtower Enforcement Database, certificates and reports.