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Read release notesYour transaction screening rules are the rules against which your screening events (embedded or address) will be evaluated. They will contain the rule criteria that will trigger the rule as well as the applicable or suggested actions for each rule if triggered. For Testnet, there are a number of default rules in place which you can use to test against (see Testing Guide).
Rules on Mainnet
On Mainnet, we also have a number of default rules in place as a starting point. However, they may not be sufficient to address your company’s compliance obligations and/or risk appetite. We recommend that you consult legal counsel when evaluating compliance requirements as they relate to your unique business model and the jurisdictions in which you operate. Once you have done so, you can set up appropriate configurable rules to address your risks.
There are two types of rules for Transaction Screening which can be configured: Restrictive Rules and Alert-only Rules.
A rule consists of the following:
There are a number of rules in place by default that have minimal configuration options, e.g. the ability to toggle the alert action. These rules are as follows:
The table below outlines all possible criteria combinations that can be used to create/configure rules.
Symbol | Meaning |
---|---|
✅ | Default Combination in place on Mainnet. Configurable. |
🟡 | Possible Combination that can be utilized in a configurable rule. |
❌ | Unsupported combination, a screening cannot result in this possible combination of criteria. |
Risk Category | Risk Type | Risk Score | |||
---|---|---|---|---|---|
Severe | High | Medium | Low | ||
Sanctions | Ownership | ✅ | ❌ | ❌ | ❌ |
Sanctions | Counterparty | 🟡 | ❌ | ❌ | ❌ |
Sanctions | Indirect | ❌ | 🟡 | ❌ | ❌ |
Terrorist Financing | Ownership | ✅ | 🟡 | ❌ | ❌ |
Terrorist Financing | Counterparty | 🟡 | 🟡 | ❌ | ❌ |
Terrorist Financing | Indirect | ❌ | 🟡 | 🟡 | ❌ |
CSAM | Ownership | ✅ | ❌ | ❌ | ❌ |
CSAM | Counterparty | 🟡 | ❌ | ❌ | ❌ |
CSAM | Indirect | ❌ | 🟡 | ❌ | ❌ |
PEP | Ownership | ❌ | ❌ | 🟡 | ❌ |
PEP | Counterparty | ❌ | ❌ | 🟡 | ❌ |
PEP | Indirect | ❌ | ❌ | ❌ | 🟡 |
Gambling | Ownership | ❌ | ❌ | ❌ | ❌ |
Gambling | Counterparty | ❌ | ❌ | 🟡 | ❌ |
Gambling | Indirect | ❌ | ❌ | ❌ | 🟡 |
Illicit Behavior | Ownership | 🟡 | 🟡 | 🟡 | ❌ |
Illicit Behavior | Counterparty | 🟡 | 🟡 | 🟡 | ❌ |
Illicit Behavior | Indirect | ❌ | 🟡 | 🟡 | 🟡 |
High Risk Industry | Ownership | ❌ | ❌ | 🟡 | 🟡 |
High Risk Industry | Counterparty | ❌ | ❌ | 🟡 | 🟡 |
High Risk Industry | Indirect | ❌ | ❌ | ❌ | 🟡 |
Other | Ownership | ❌ | 🟡 | ❌ | 🟡 |
Other | Counterparty | ❌ | 🟡 | 🟡 | 🟡 |
Other | Indirect | ❌ | ❌ | 🟡 | 🟡 |
To create or edit a rule, follow these steps:
Edit
button. To add a new rule, select Add Rule
.Save
to modify an existing rule; orCreate Rule
button (top-right of page) to create a new rule.New rules will be created in an active state by default. If you need to temporarily deactivate a rule, you can do so as follows:
Edit
button.Active
to Inactive
.If you need to permanently delete a rule, you can do so as follows:
Delete
button twice.Another method for influencing your rule configuration is via the Watchlists feature. You can influence the screening evaluations by adding blockchain addresses to either the Blocklist or the Allowlist.
These lists act as the inputs for two of your default rules:
To add an address to either your allowlist or your blocklist:
Add Entry
button on the top right. Enter the blockchain address, choose the reason, and leave an optional note explaining the addition.