News 30 March 2022

Tool to detect hidden Belarusian and Russian assets — YouControl

YouControl

Peace to all Ukrainian people.

YouControl has launched an international tool for checking ties between legal entities and individuals with Russian and Belarusian assets. RuAssets platform uncovers the affiliation of companies and people from different parts of the world with Russian and Belarusian national public figures to freeze their accounts and seize assets. It can also search for ties across the CIS countries, and alerts to connections to individuals under sanctions, terrorists, and propagandists.

Purpose

These days, everyone tries to hasten Ukraine's victory in the war as best they can. The YouControl team is focused on what it does best by creating handy tools based on open data. RuAssets is designed to expose those responsible for the occupation of Ukraine and to warn the whole world about the threat of cooperation with businesses connected to Russia or Belarus. After all, such cooperation poses a significant danger to companies: sanctions, financial, operational, and reputational risks. In addition, the refusal of the international community to cooperate with these countries would accelerate the downfall of the companies that finance the war against Ukraine. Effectively, the aggressors will be economically "banned" by the world.

ruassets

Features

Allows you to identify even the most hidden connections of businesses and individuals with the aggressor countries through chains of intermediaries. That is, if a person is in even indirect contact through relatives, work, official powers, the tool will show the connection as a possible risk factor.
Contains the most complete list of Russian and Belarusian PEPs (national public figures) from more than 100 sources.
Analyzes data from official registers of owners and beneficiaries of businesses in CIS countries and Europe (15+ countries).
Verifies legal entities and individuals against over 50 international sanctions lists;
alerts to links to terrorists and propagandists (criminal registers, list of Russian law enforcers).
Data is updated daily in accordance with changes in the registers and lists.
Regular updates: the product is constantly being improved, new data sources are being added.

ruassets

Who can use this tool

Law enforcement and state authorities can use it to find Russian and Belarusian assets outside the aggressor countries and make decisions regarding their further freezing/seizure/exclusion.
Compliance managers, AML, and KYC professionals can check existing or new counterparties for their affiliation with companies and individuals from Russia and Belarus, companies under sanctions and PEPs to decide whether to cooperate with them based on complete and reliable information.
Journalists, independent investigators can use it for fact-checking, searching for accurate data, conducting investigations, and analytical research.
Employers, HR specialists, recruiters can use it for quick verification of individuals to make a decision on employment.

This service is free of charge for journalists, authorized representatives of state authorities, and law enforcement bodies of Ukraine.

How to find russian assets and how it works

After signing up and logging in on the RuAssets main page, enter the company name in the search box, add its ID for a more accurate search. To check an individual, enter their full name, you may include their taxpayer identification number to refine the search. The system will show the search results that include all available information on the requested individual or company. By clicking the "Find connections" button, the tool will create a report, where you will see the entities the person is connected with, through which company, how exactly, and what risks these connections may carry for you.

How to use it

You may test the tool for free. To do that, you just need to submit an application on ruassets.com. The administrators of the platform will contact you to give you test access.

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