Managing compliance internally is challenging enough, but how do you meet the demands of global compliance when it comes to third parties on whom you rely? Efficient, comprehensive due diligence can help. Check out the video below to see how easy it is to conduct sanctions screening with Nexis Diligence™.
Politically Exposed Persons (PEPs)—those who currently serve or previously held a prominent public function or those with close ties to such a person—present a high risk for potential involvement in corrupt activity, including bribery by virtue of their position and the influence.
Countries around the world are tightening their anti-bribery laws in an effort to combat corruption. As we’ve seen with the stringent enforcement of the U.S. Foreign Corrupt Practices Act, regulators require a higher degree of due diligence when conducting business with PEPs, and inadequate due diligence can expose your organization to reputational damage, multi-million dollar fines and vast legal costs.
Stay abreast of what’s happening across scattered information sources. The U.S. Office of Foreign Assets Control (OFAC) alone has 28 sanctions programs, and it is best practice to also monitor key watch lists such as:
Tracking this much data manually is time-consuming—and you risk missing important information. Nexis Diligence™ brings together this fragmented array of sources, allowing you keep up-to-date on government sanctions, watch lists and PEPs—all from a single interface. In addition to this content, you can leverage on-the-ground media reports and in-depth country risk analysis reports to identify high-risk issues before they impact you. Our comprehensive content collection includes:
For a more robust sample of list coverage, download our content advantage sheet.
Failing to proactively screen for sanctions risk can lead to criminal charges, substantial civil fines, debarment and other restrictions—all at a significant financial and reputational cost. With enforcement on the rise across all industries—not just banking and other financial services—you need a robust sanctions risk mitigation process and easy access to critical sanctions, watch lists and PEPs —all in one place.
Want to see the difference for yourself? Request a free Nexis Diligence™ trial.
Nexis Diligence™ enables more robust due diligence with access to premium business intelligence, millions of public and private company profiles, in-depth country risk analysis reports and biographical sources—all from a single, intuitive interface.Access premium content
You can improve decision-making when you have a more complete picture of the companies and individuals with whom you do business. The Report Builder in Nexis Diligence™ also helps you demonstrate compliance efforts with a verifiable audit trail.Create an audit trail
Keeping up with government sanctions lists and politically exposed persons is more challenging than ever in a global business environment. Nexis Diligence™ helps you screen against watch lists including OFAC, HM Treasury, FBI and over 1,000,000 PEPs.Watch the watch lists
Minimize reputational risk with business background checks supported by 26,000 sources—from global, national and regional newspapers to blogs. With an archive going back over 40 years, you won’t miss vital information not found on the Web.Track negative news