• What is compliance and due diligence?

    Compliance actions compel companies to strictly observe laws, regulations, guidelines and relevant specifications related to money laundering, corruption and other legal corporate world issues. These rules urge companies to implement procedures and good practices to comply with them. Violating those regulations usually result in fees and other civil and criminal consequences.

    Due diligence is a process conducted by a company to review and evaluate the risk related to a business or a person with whom it is negotiating or thinking about making business within a near future. Accomplishing it requires careful investigations or audits to enable companies to identify risks or red flags, consulting several sources of intelligence, such as sanctions, anti-corruption, Anti-Money Laundering (AML), adverse media and Politically Exposed People (PEP) lists.