What’s new: Trapets product releases and updates - October 2025

Q4 is always a busy time for financial institutions, so let me share some news from Trapets on how we've improved screening coverage, monitoring speed, and MiCA compliance, as well as modernised our interface and AI support, to ensure that you’re even better prepared for upcoming compliance demands. 

This year, pressure on financial firms is particularly intense, as the EU introduces a wave of regulatory changes, as well as continued expectations to deliver seamless services to customers.

EU regulatory updates

The EU’s Instant Payments Regulation (IPR), which entered into force on 8 April 2024, mandates that euro-area banks and PSPs must be able to receive instant euro transfers by 9 January 2025, and to send instant euro transfers by 9 October 2025, with the transfer itself executed within 10 seconds.

Concurrently, the EBA’s new guidelines on restrictive measures (EBA/GL/2024/14 and EBA/GL/2024/15), entering into force at the end of December 2025, require financial institutions to strengthen their sanctions-compliance frameworks and demonstrate that effective screening of customers and transactions occurs before funds are made available.

On top of this, firms operating in the crypto space are still getting their heads around the EU’s Markets in Crypto-Assets (MiCA) regulation, which came into force on 30th December 2024.

How Trapets helps

At Trapets, our mission is to give your compliance teams the tools they need to succeed. That means specifically designing solutions that:

• Match with current regulatory requirements across the EU and beyond
• Combine automation and human oversight, ensuring that no financial crime slips through the cracks
• Remove the burden of repetitive and complex tasks for your compliance teams, so that they can focus on higher-value anti-financial crime work
• Ensure that all this happens as quickly and smoothly as possible, so that your customers can enjoy a seamless experience that doesn’t compromise on security

We’re excited to share our latest product releases and updates, all built to meet and exceed these goals. Read on for the highlights.

Stronger screening coverage to meet the latest regulatory demands

Regulators in the UK and EU expect financial firms to maintain effective and timely sanctions screening processes, ensuring that customer data is promptly checked against the latest updates to sanctions lists. 

As such, we’ve expanded our suite of screening capabilities and lists to offer our customers the broadest and fastest coverage yet.

We’re adding three new screening lists, which support your compliance efforts and offer more information about customers and counterparties. 

These additions not only help you stay aligned with regulations but also improve the quality of your due diligence, reducing risk across your onboarding and monitoring processes.

Dow Jones SCO (Sanctions, Control & Ownership)

It’s not enough for financial institutions to simply check names against sanctions lists and block accounts from individuals who appear there. 

With regulations like the U.S. Office of Foreign Assets Control (OFAC) 50 Percent Rule, and similar EU and UK regimes, firms can face penalties for working with entities that aren’t explicitly listed but are majority owned or controlled by sanctioned individuals. 

That’s why we’ve expanded our sanctions screening offering to include Dow Jones SCO (Sanctions, Control, and Ownership) data. The SCO list helps you uncover hidden risks by identifying companies that are:

• Owned (10% or more) by sanctioned individuals or organisations
• Controlled by sanctioned individuals or organisations through influence, decision-making authority, or executive roles
• Associated with sanctioned individuals or organisations through indirect links where full ownership data isn’t available

Without this view, it’s easy to miss indirect links and fall behind on compliance.

Instant EU Sanctions List

There are more EU-sanctioned persons and entities than ever before; for example, as of 14 October 2025 the EU sanctions dashboard lists roughly 4,247 individuals and 1,426 entities, and the totals keep evolving.

Under the EU Instant Payments Regulation (EU) 2024/886, payment service providers (PSPs) that offer instant credit transfers in euros must verify, at least daily, whether their customers are subject to EU-targeted financial restrictive measures, and perform those checks again immediately after new restrictive measures enter into force. 

At the same time, the regulation prohibits transaction-based sanctions screening during the execution of an instant payment to avoid unnecessary blocks or delays. 

For financial institutions, that means keeping sanctions data up to date without slowing payments. To help, we’ve launched the Instant EU Sanctions List (by ION Analytics), which ingests updates from the EU’s Official Journal every 30 minutes, enabling near-real-time customer-base screening.

Trapets’ Screening solution can automatically trigger portfolio-wide re-screening when restrictive measures change, helping institutions stay aligned with the IPR’s “daily + on-update” verification model while maintaining instant-payment speed.

Up-to-date sanctions data also strengthens onboarding and enhanced due diligence. When the EU publishes a new decision or amendment, having those changes immediately reflected reduces the risk of onboarding a listed person or entity.

UK Companies House

We’ve also added direct access to UK Companies House data. This list helps you identify whether companies or their controllers are subject to sanctions. If you work with UK-based entities, this is a valuable source of ownership and registration data.

AI that prioritises what matters

Alert fatigue is one of the biggest challenges for compliance teams. We’ve addressed this by enhancing our AI-powered alert relevance prediction engine to deliver instant scoring per alert, accessible via API. This means less noise, so your compliance team can immediately focus on high-priority cases while still retaining full oversight of all alerts.

At Trapets, we focus on delivering AI features that drive productivity while ensuring our underlying models remain fully explainable.

MiCA-ready surveillance and infrastructure

With the EU’s Markets in Crypto-Assets (MiCA) regulation now in effect, we’ve ensured our platform is ready, so your firm will be too. Our crypto trade surveillance features are built to help you meet MiCA’s requirements. With over a decade of experience supporting financial firms in regulated markets, we provide the reliable monitoring tools necessary to stay compliant in the rapidly growing cryptocurrency space.

General platform improvements

Streamlined trigger management with a modern interface

Compliance work is complex enough. The tools you use shouldn’t be. As part of our ongoing work to maximise the ease of use of our solutions, we’ve redesigned the Triggers page with a faster interface that makes it easier to manage triggers. The refreshed experience gives all customers using our interface a smoother and more reliable way to manage alerts.

We’ve also added a range of updates to make some of our core functionalities (triggers, searches, exports, etc.) more intuitive and flexible. Examples include:

• Personalised trigger list views - customise columns, pin them where you need, and see statistics at a glance.
• Smarter trigger history - compare versions side by side with differences highlighted or copy earlier versions to reuse instantly.
• Clearer search experience - link saved filters with layouts, keep key controls visible when minimised, and export results with full filter context.

These updates apply across Transaction Monitoring, Customer Due Diligence and Market and Trade Surveillance. It’s part of our ongoing effort to streamline daily workflows so your teams can spend less time wrestling with systems and more time focusing on stopping financial crime.

We’ll keep improving these pages and features in upcoming releases, so stay tuned.

At Trapets, we know that regulations are constantly evolving, as are the tactics of bad actors. Our goal is to stay ahead of both. We will continue building new solutions that help financial firms meet the latest regulatory requirements, while reducing complexity for compliance teams and ensuring a seamless experience for customers. 

If you’d like to see any of these updates in action, please reach out to your Trapets contact or book a demo with our team.