Deep Dive: What's in a Pro report?
Considering ordering a Pro report? Learn what's covered and why it matters.
Pro reports help your organization to identify compliance and reputational risks associated with the research entity by conducting due diligence checks using official corporate registry records and compliance databases. This report scope also covers targeted media searches on Primary Entity.
What is covered?
Pro reports cover:
- Official registration verification check
- International sanctions list and trade compliance watchlist check
- Global PEPs and SOEs screening
- Enforcement records check
- Track record verification
- Negative media check (English and local language)
- Litigation and bankruptcy check
Why it matters?
Third-party due diligence is more than just identifying red flags, but also about understanding the third party’s business associates and geopolitical risks. Targeted media searches cover adverse media check as well as findings about the third party’s supply chains, geographical reach, litigation history, compliance standing, and more.
Examples of information include:
- Business projects
- Trademark and patent records
- Connection to offshore, sanctioned, and high-risk entities
- Trade compliance history
- Business partnerships information
- Penalty decisions by the authorities
- Non-financial sanctions
- Bankruptcies and criminal records
- Social accountability issues
- Legal disputes
Excluded Information
Focusing on red flags associated with the Primary Entity, Pro reports do not cover negative media check on the entity’s key executives and related companies.
Consider an upgrade!
Our Plus reports cover all checks in Lite reports, but extends the reach to also include, but not limited to:
- Ultimate beneficial owner’s investments and related companies’ business operations in sanctioned countries
- Directors' undisclosed conflicts of interests
- Key managers’ disqualification records
- Disciplinary actions against shareholders
- Enforcement records of subsidiaries and affiliates
Case Study
U.S. export requirements for China, Russia, and Venezuela military end use/users – Pro reports include targeted media searches to verify whether the third party and its related entities are owned by, controlled or, or affiliated with, China’s, Russia’s, and Venezuela’s government, military or defense industry. Entity list is only of the many sanction lists we include in our media searches.
Interested to see how a Pro report is different from a Lite or Plus report? See our comparison chart here.