Fraud isn’t on a CV, screen first
With access to sensitive financial data, customer information, and significant monetary assets, employees in this sector must be thoroughly vetted to prevent potential risks.
Creating trusted institutions
In highly regulated financial services, Scaut provides background screening that safeguards against internal fraud, instability or conflicts of interest. The platform leverages a wide range of databases for instant risk scoring of candidates and existing staff. Employment, education, licensing history and financial hygiene are verified to prevent vulnerabilities from emerging. Scaut’s GDPR-compliant consent tracking, periodic re-screening options and simple alert system empower compliance teams to meet stringent record keeping, audit trail and fitness and probity requirements with traceability and automation built inessential for resilience and regulatory trust.
On your checklist
Conduct AML/CFT risk profile checks before onboarding
Verify education and employment history
Screen for PEP and sanctions exposure
Monitor for criminal charges, insolvencies, or ethical violations
Maintain HR audit logs for regulatory review
Why it matters
Recent research shows that 100% of Europe’s leading financial firms suffered breaches via suppliers or third/fourth party providers in the past year—often due to inadequate screening and oversight of subcontractors or vendors’ personnel. Meanwhile, the ENISA Threat Landscape report (Jan 2023Jun 2024) documented nearly 500 cyber incidents—many social engineering based—with insider or insider enabled attackers breaching sensitive data and financial systems.
Regulations to be aware of
MiFID II, PSD2
AMLD5/6
EBA Guidelines
GDPR
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Criminal check
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Enhanced credit check
A thorough credit check into public and private databases, bank registers, and other sources.
Explore Our Screening Solutions Today
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