July 11, 2023

The New Era of Due Diligence

Due diligence has changed beyond recognition in recent years and continues to evolve at pace. Traditionally, it involved a team of compliance officers manually searching through legal documents and financial accounts to detect risks of doing business with a third party. But in 2023, that model is far from sufficient for a company to mitigate rising legal, financial, reputational and strategic risks. In this E-Book,...

May 04, 2023

Supply Chain Transparency: Food and Beverage Standards and Regulation

Over the past few decades, the Food Sector has faced continued increases in regulatory requirements for compliance. Regulatory risk is, however, only one of the considerations this sector must evaluate. Increasingly, companies face risks to their reputations, finances, and strategic initiatives associated with the food supply chain. We dive into the challenges and why due diligence is so important for your compliance...

May 04, 2023

Top Features of Nexis Diligence™

Nexis Diligence™ can help you mitigate business risk by making it easier to vet and monitor clients, agents, partners, suppliers, investments, and other third parties in a quick and comprehensive manner. Global content and simple fill-in-the-blank search fields let you significantly reduce the time and expense of conducting comprehensive background checks. You can research entities, explore associated entity interests...

May 04, 2023

Due Diligence Checklist: A Step-by-Step Guide to Managing Third-Party Bribery and Corruption Risk in 2023

A due diligence checklist takes you step-by-step through the information you need to consider to help carry out a thorough investigation when you’re contemplating a new commercial relationship, a prospective business partner or monitoring an existing one. Some checklists offer a narrowly defined area of application. This is suitable if you are preparing for a business takeover or a real estate transaction, but inappropriate...

May 04, 2023

The Case for Building a Robust Sanction Compliance Program

Organizations must do due diligence to navigate a complicated web of sanctions—and it’s not just banks and financial institutions that are subject to the sanctions. Increasingly, companies across various industries have been the target of enforcement actions, most notably by the U.S. Department of the Treasury’s Office of Foreign Asset Control (OFAC), which aggressively pursues sanctions violations by...

May 04, 2023

Risk Mitigation for Pharmaceuticals and Life Science

Patient safety, clinical trial management, mergers and acquisitions, research and development, sales and marketing, and pricing structures are all areas where failure to conduct due diligence and mitigate risk effectively can lead to reputational damage, financial loss, and regulatory enforcement action. In just a couple of decades, the pharmaceuticals and life sciences industry has changed beyond recognition in response...

February 21, 2023

Hidden in Plain Sight: Spotting Signs of Beneficial Ownership

Why beneficial ownership matters At the most fundamental level, financial services firms, and indeed all companies operating internationally, need to have confidence that the third parties that they deal with are who they say they are. Not only does doing due diligence assure compliance with the raft of national and international anti-money laundering (AML), anti-bribery and corruption (ABC) and know your customer (KYC...