BrokerPlusHelp CenterGo to BrokerPlus

Sanctions Incident Handling (Admin)

Admin-only: handle escalated incidents when a screening hits a sanctions list.

When an AML screening returns a confirmed sanctions match, a Sanctions Incident is created. As the brokerage admin, you handle the resolution. Incidents are admin-only - agents can't see or work them.

When An Incident Is Created

An incident is created automatically when a screening returns a confirmed sanctions match against any of the watched lists (OFAC, UN, EU, UK HMT, Canadian sanctions regimes, etc.). See What Lists Are Checked.

A potential/fuzzy match is not an incident - those return as Attention for broker review. Only confirmed matches escalate.

Immediate Effects

The moment a sanctions incident is created:

Where Incidents Live

Go to Brokerage > Compliance > Sanctions. You'll see every open and recent incident.

The Incident Detail Page

For each incident:

Resolution Paths

Three primary outcomes:

Confirm The Match And Terminate

If you confirm the match is your client (a true positive), you typically need to terminate the relationship under sanctions law. Document the decision in the incident, including:

Mark the incident as Confirmed - Terminated.

Document A False Positive

If the match is someone with a similar name but not your client, document the basis for that conclusion (e.g., date of birth differs, residence differs, no other identifiers align).

Mark the incident as False Positive - Resolved.

Mitigation (Rare)

For certain regimes there are license-permissive scenarios. These are rare and usually require legal advice. Document the legal basis and any license details.

Mark the incident as Mitigated - Documented.

After Resolution

Once resolved:

Reporting Obligations

Some sanctions matches trigger external reporting obligations (FINTRAC, OSFI, RCMP depending on the regime). Those obligations are your responsibility as the brokerage's compliance lead. BrokerPlus surfaces the match; you handle the regulatory filings.

What To Do Next

Was this article helpful?

Related articles