Considering ordering a Plus report? Learn what is covered and why it matters.
Plus 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 scope of work also covers targeted media searches on Primary Entity and its related entities.
What is covered?
Plus 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?
Enhanced due diligence goes beyond just checking compliance record of the third party. Plus reports offer a comprehensive research of the third party’s key management persons and shareholders. Plus reports identify third party’s red flags from multiple angles.
Examples of information include:
- Ultimate beneficial ownership verification
- Primary Entity’s and its related entities’ connection to offshore, sanctioned, and high-risk entities
- Related entities’ political exposure and red flags
- Litigation history
- Trademark and patent records
- Disqualified directors and subsidiaries/affiliates information
- Rulings and penalties against related entities
Key Offerings
The credibility, qualification, and track record of the Primary Entity’s key managers and related companies are significant factors affecting the compliance standing of the Primary Entity.
Make It Picture Perfect!
Our Plus reports cover all checks in Lite and Pro reports, but extends the reach to also include, but not limited to:
- Director’s undisclosed conflicts of interests
- Directors’ disqualification records
- Disciplinary actions against shareholders
- Enforcement records of subsidiaries and affiliates
- Sanctions list screening on third parties of principals and related entities
Case Study
A client in the technology industry was vetting its potential suppliers from China. Our Plus report helped the client to verify the third party’s supply chains in China. Targeted media searches were done to verify if the third party, its subsidiaries/affiliates are subject to any compliance risks associated to sanctioned entities or the US’s Xinjiang sanctions.
Interested to see how a Plus report compares to a Lite or Pro report? See our comparison chart here.