Due diligence – Employee vetting, Client vetting and Enhanced due diligence and investigations
There is quite simply no substitute for well-researched, well-placed and reliable intelligence when considering relationships with international employees, clients and foreign companies.
Businesses should ensure they are armed with accurate and up-to-date information which exponentially reduces risk. Such attention to due diligence is not only good for the reputation of your financial services business in general, but by extension, for the Island’s finance industry as a whole.’
As someone once said: ‘Use Due Diligence now; avoid Embarrassment later.’
Comsure, in association with its partners, can help you with any due diligence needs or concerns, as shown below:
Country-Check
Country-Check is a jurisdictional risk index that utilises established online information sources to assess “overall” country risk for a total of 243 countries and territories worldwide. Aggregating a range of jurisdiction-related risk considerations, Country-Check provides a comparative perspective by ranking countries according to their relative level or jurisdictional risk.
Featuring both risk ranking and banded risk profiling, the Country-Check Master Index provides a transparent and methodologically justifiable model for country-specific risk assessment.
Please contact us on +44 (0) 1534 626841 or by email at: mathewbeale@comsurecompliance.com to arrange a no-obligation demo and learn more about this powerful, Risk solution.
AML data screening
Comsure can now provide AML Data screening through the Leading AML Solution providers – it can provide a highly effective joined up solution for businesses around the world. Custom-designed to provide fast, accurate identity verification using the Data-File, Sentinel has the lowest false positive rate in the business. As a result, you have real-time access to the latest public information regarding PEPs and people of political influence, terrorists and criminal organizations, money launderers and fraudsters, and many other risk categories.
For more information conatct mathewbeale@comsuregroup.com
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Client vetting
World-Check provides its global database of heightened-risk individuals and businesses to more than 2,500 institutions, including 47 of the world’s 50 largest financial institutions and hundreds of government agencies. The database is updated daily in real-time by World-Check’s international research team and is derived from hundreds of thousands of public sources. Coverage includes PEPs, money launderers, fraudsters, terrorists and sanctioned entities – plus individuals and businesses from over a dozen other high-risk categories. World-Check offers a downloadable database for the automated screening of an entire customer base, as well as a simple online service for quick customer screening. A 97% annual client renewal rate over the past 7 years bears testimony to the unparalleled depth, reliability and coverage of this database. For more information, please visit: www.world-check.com and or conatct mathewbeale@comsuregroup.com
Enhanced due diligence and investigations
Risk analysis is a working partner to Comsure in the support of enhanced Due Diligence; and other discreet services such as Protective Security Services; Investigations & Litigation Support & Fraud Investigations. Risk Analysis is a discreet provider of comprehensive business intelligence and risk management services to its financial, legal and corporate clients globally.
It is both Risk analysis and Comsure’s objectives is to provide strategic yet flexible and practical solutions to a range of financial and legal risk problems which you may face in various business activities.
For more information conatct mathewbeale@comsuregroup.com
Employee vetting
Comsure’s working partner HRSolutions has established a Employee vetting service for Channel Island clients to provide companies with a fast and efficient employee screening or employee vetting service – nothing else. From the simplest of CV checks through to full pre-employment vetting, which, if required, can include detailed background and criminal record checks. the Service operates to all the recognised screening standards including BS7858, Sarbanes-Oxley and the JMLSG.
The aim of the service is to inform, not judge, thus helping recruiters ensure that they make the best possible candidate selections.
We realise that once you have selected an applicant, you want them to be in place as soon as possible. To facilitate this we have designed all our employee screening and employee vetting levels to operate within our unique two stage process.
Within 24 hours, stage one will provide an effective ID-check and address verification. The second stage goes into detail checking all other facts such as educational achievements, work history and if required checks on driver’s license or criminal records etc., the choice is yours. Within a three-week deadline you’ll receive a full report – either electronically or by hard copy detailing everything you need to make an informed decision.
For more information contact mathewbeale@comsuregroup.com
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