ENVÍOS CON OCA A TODO EL PAIS
3 CUOTAS SIN INTERÉS / -10% OFF TRANSFERENCIA
PERSONALIZÁ MATE, BOMBILLA Y TERMO

Latin America Due Diligence Risk Factors

Due diligence is one of the most critical components of a comprehensive compliance plan safeguarding businesses from the ravaging consequences of financial fraud. It’s not completely free of risk especially in areas such as Latin America where unique dynamics require customized strategies.

To minimize the risk to minimize the risks, you need to keep track of any developments in the elements that could affect the due diligence process of an organisation. These include changes to local regulations, economic trends, geopolitical events or even the development of new techniques and technologies. Keeping up to date with these trends will ensure that your due diligence procedures are fit for purpose.

If, for instance, you identify an individual as PEP (politically exposed person), it may be necessary to conduct additional due diligence. This usually involves checking additional documents and confirming methods to determine their source of wealth and assets. It also includes identifying the ultimate beneficial owner (UBO) as well as looking at their transaction patterns to detect money laundering or illegal activities.

Based on the degree of risk, you might also consider conducting thorough examinations of their current business operations. This includes the type and nature any third-party relationship. You might also want to http://www.getvdrtips.net look over contractual commitments to determine if they pose an issue of non-compliance. You might also consider engaging an outside due diligence expert to assist your own review process. These services often have access to more comprehensive databases, and they can offer assistance in conducting a thorough risk assessment.

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

0
    0
    Tu Carrito
    El carrito está vacíoVolver a la tienda
    Abrir chat
    1
    ¿Necesitas ayuda?
    Hola
    ¿En que podemos ayudarte?