Moody’s Corporation (NYSE: MCO) has acquired Bogard AB, a provider of data and information on politically exposed persons in the Nordic region. The purchase helps further Moody’s ability to help its customers perform Know Your Customer screening and research to address financial crime.

Bogard covers over 17,000 politically exposed persons, relatives and associated across Sweden, Norway, Denmark and Finland. The company operates through the collecting, refining and updating its date using various sources including tax, business and real estate registries.

“Access to accurate, up-to-date information on politically exposed persons is vital for banks, corporations, and other market participants seeking to prevent money laundering and other forms of corruption,” said Keith Berry, general manager of Moody’s KYC business unit.

“Integrating Bogard’s existing delivery channels with Moody’s Analytics offerings creates opportunities for unique KYC solutions in the Nordic market,” said Eric Almbladh, chairman of Bogard.