An Agentic LLM Framework for Adverse Media Screening in AML Compliance

Adverse media screening is a critical component of anti-money laundering (AML) compliance in financial institutions. Traditional keyword-based approaches generate high false-positive rates, while hybrid systems require extensive manual review. We present an agentic system leveraging Large Language Models (LLMs) with Retrieval-Augmented Generation (RAG) to automate adverse media screening. Our system implements a multi-step pipeline where an LLM agent searches the web, retrieves and processes relevant documents, and computes an Adverse Media Index (AMI) score with natural language justifications. The open-source implementation supports multiple LLM backends including local and API-based services.

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Publication Details

Journal
Open MIND
Published
2025-12-29
Primary Topic
Crime, Illicit Activities, and Governance
Type
article
Field-Weighted Citation Impact
0.00
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article

An Agentic LLM Framework for Adverse Media Screening in AML Compliance

Pavel Chernakov, Sasan Jafarnejad, Raphaël FRANK
Open MIND
Crime, Illicit Activities, and Governance
article

An Agentic LLM Framework for Adverse Media Screening in AML Compliance

Pavel Chernakov, Sasan Jafarnejad, Raphaël FRANK
article en

Abstract

Adverse media screening is a critical component of anti-money laundering (AML) compliance in financial institutions. Traditional keyword-based approaches generate high false-positive rates, while hybrid systems require extensive manual review. We present an agentic system leveraging Large Language Models (LLMs) with Retrieval-Augmented Generation (RAG) to automate adverse media screening. Our system implements a multi-step pipeline where an LLM agent searches the web, retrieves and processes relevant documents, and computes an Adverse Media Index (AMI) score with natural language justifications. The open-source implementation supports multiple LLM backends including local and API-based services.

Open MIND
Peace, Justice and strong institutions
Openalex Percentile: Top 17%
Crime, Illicit Activities, and Governance
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