Understanding Individual / Director Reports
Learn how Individual / Director reports can help you gain a better understanding of risk relating to a critical third-party relationship.
Individual/Director 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, open sources, and compliance databases. This scope of work also covers targeted media check on the entity’s biographical information.
What is covered?
Individual/Director reports cover:
- Directorship check
- International sanctions list and regulatory watchlist check
- Political exposure check
- Enforcement records check
- Negative media check (English and local language)
- Litigation, regulatory, and bankruptcy check
Why it matters?
Enhanced due diligence means more than a quick check for global sanctions, watch lists, and political exposure. It also requires verifying the person’s career history, qualifications, family background, business connections, compliance records, and more.
Examples of information include:
- Beneficial ownership of offshore companies
- Undisclosed corporate affiliations and business interests
- Connection to sanctioned and high-risk entities
- Business partnerships with sanctioned entities
- Source of wealth/fund information
- Current and former shareholding information
- Litigation history and bankruptcies records
- History of political connections
Key Offerings
Is the Person “Fit and Proper”?
Our Individual/Director reports are strong in identifying corporate affiliations and investments that may be a compliance concern for your organization.
Our research always considers:
- Whether the person has a clean compliance record?
- Whether the person has accumulated his/her source of wealth from legal sources and high-risk business?
- Whether the person has any connections to government entities and sanctioned parties?
- Whether the person has any suspicious shell companies and transactions?
Case Study
A due diligence check was initially requested on a newly incorporated company. No red flag was found. Corporate records revealed that an offshore company is the company’s sole shareholder. Media searches found that the offshore company is owned by a US sanctioned individual. An Individual/Director report was later requested by the client to conduct a full due diligence on the sanctioned shareholder.