Scenario: Agent Trades a Sanctioned NFT
The NFT scenario - screening applies to property interests, not just payments.
The setup
Your agent manages an NFT portfolio - buying, selling, and collecting. One trade involves a counterparty wallet on the sanctions list; another involves a collection tied to a designated entity.
Without screening
- The trade settles with the designated counterparty
- NFT trades are property transfers - prohibited with blocked persons
- The operator holds the liability
With screening
- The wallet screen matches the designated counterparty
- The trade is blocked before signature
- The collection check flags the designated collection
- Results logged with list versions
The takeaway
NFTs are property interests - the asset class does not change the obligation. Screen the counterparty and the collection before the trade.