All due diligence articles – Page 2

  • Blog

    The three levels of due diligence


    How to recognize and utilize each level of due diligence to fight corruption.

  • Blog

    Looking to buy? Be sure and complete your due diligence


    Tom Fox explores a recent report on wealthy American businessmen attempting to purchase London soccer clubs for a weekend outing and their due diligence duties.

  • Blog

    Icertis, Thomson Reuters partnership provides compliance screening


    Icertis, a provider of enterprise contract lifecycle management in the cloud, announced a partnership with Thomson Reuters, a provider of intelligent information and solutions for businesses and professionals.

  • MossackFonseca_1

    Panama Papers: Mossack Fonseca linked to offshore deals in Africa


    A new round of investigations on the Panama Papers conducted by the International Consortium of Investigative Journalists (ICIJ) this week revealed that Panama-headquartered law firm Mossack Fonseca established offshore companies to own, hold, or do business with petroleum, natural gas, and mining operations in 44 of Africa’s 54 countries—many of ...

  • Blog

    Customers and corruption risks


    What is the cost of corruption? How much due diligence must you perform with those entities that are your customers? Does doing business with companies that have a propensity for corruption put your company at risk? In light of the scandals at Petrobras and Houston-based ENSCO, companies might want to ...

  • Blog

    Podcast: due diligence in emerging markets


    In our latest podcast we discuss due diligence and third party oversight in emerging markets with Kevin Braine, managing director and head of Kroll’s compliance practice in Europe, the Middle East, and Africa. Based in London, Braine is responsible for driving forward the expansion of Kroll’s compliance services throughout the ...

  • Blog

    Barclays: A Modern Enforcement Action for Modern Misconduct


    Image: Last week the U.K. Financial Conduct Authority whacked Barclays with a fine of £72 million ($109 million) for sloppy oversight of a huge private-client deal brimming with financial crime risk. The more you read the details of the transaction and how poorly bank executives managed it, the more you ...

  • Blog

    EIOPA Requires ‘Robust’ Risk Management Framework


    Image: The European Insurance and Occupational Pensions Authority (EIOPA) is backing the creation of a separate asset class for high-quality infrastructure investments under Solvency II. The EIOPA also stressed that insurers should have the proper due diligence and risk management procedures in place to tackle the complexities associated with this ...

  • Article

    Squeezed: Banks Have No Easy Path on De-Risking


    Image: Money service businesses, bitcoin startups, marijuana shops; the population of high-risk customers in the banking world is surging. Regulators have sent conflicting messages about wholesale de-risking of certain sectors, and that can force painful questions about how to build effective, and extensive, due diligence programs. “Regulators are talking from ...

  • Article

    Firms Prepare for Heightened AML, Due Diligence Expectations


    Expect an even greater focus on anti-money laundering efforts in upcoming examinations by the SEC and Financial Industry Regulatory Authority. That was the message from speakers at a “Compliance Outreach Program” the Securities and Exchange Commission hosted for financial firms last week. What’s more: New Treasury Department rules that could ...

  • Blog

    Compliance, Regulator Pressures Pile Up at HSBC


    Recent scandals at banking giant HSBC have caused regulators to shift their attention to senior executives. According to news reports, Group Chairman Douglas Flint and Chief Executive Stuart Gulliver have come under scrutiny after journalists obtained “secret documents” stating that HSBC’s Swiss private banking arm failed to conduct sufficient due ...

  • Article

    Planning Ahead to Manage M&A Due Diligence


    Image: Lots of mergers look great on paper. In the real world, however, integrating corporate IT systems can not only be a headache for the IT department; core business functions can be compromised—including financial reporting or other tasks crucial to effective corporate compliance. “Smart companies are ready to start integrating ...

  • Article

    Due Diligence Practices in Emerging Markets


    Compliance officers wondering how their peers manage third-party risks and where they focus due diligence efforts these days will want to take a look at a new report on those practices. Enhanced due diligence firm Arachnys studied where large companies perform due diligence research, and offered a peek at the ...