What sanctions screening does a prop firm need?

A practical screening setup:

• At checkout: block sanctioned countries using billing and IP data.
• At KYC: screen the verified name and date of birth against sanctions and watch lists.
• Before each payout: confirm the person has not been added since.
• Record keeping: keep evidence of each check.

Payout is the critical point, because paying a sanctioned person can be a serious breach for you and your payment provider. Most identity verification providers offer sanctions screening alongside document and liveness checks. PropExecutor does not perform KYC or screening; it stores a trader's name and email, and you run screening through your KYC provider. This is general information, not legal advice.

Choosing a screening provider

Check which lists are covered, how often they update, and whether ongoing monitoring re-screens existing traders automatically when lists change.

Keep screening results with each payout record, so you can show the check was done at the time the money left your firm.