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Third Party Due Diligence | Services & Solutions Third Party Due Diligence Services & Solutions

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Page 1: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

Third Party

Due Diligence

Services & Solutions

Page 2: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

The growing opportunities provided by globalization and

emerging markets have redefined the ways multinationals

companies and investors plan their investments. However,

the opportunities also present risks that can develop into

crises, if they are not identified and mitigated before

transactions are finalized or new relationships established.

Additionally, the need for transparency is growing amid

stronger enforcement of laws. The growing need for

compliance with regulations and laws such as Foreign

Corrupt Practices Act (FCPA), UK Bribery Act (UKBA),

Prevention of Money Laundering (PMLA), Prevention of

Corruption Act (PCA), US Patriot Act and KYC guidelines etc.,

knowing your third parties holds greater importance than

ever.

Organizations are becoming increasingly dependent on third

parties (TPs) to strengthen their business models, targeting

new business channels and markets, strengthening their

supply and distribution network, thus, exposing themselves

to several risks of associating with a third party. BMR

integrates investigative techniques, research and analysis to

help organizations manage third party risks.

Third Party

Management

Lifecycle

On- BoardingLifecycle

ManagementRetirement

/ Termination

TP Evaluation

Contract

Negotiation

TP Selection

Contract

Execution

Contract

Management

Performance

Management

TP Risk

Management

TP review

TP retirement

Introduction

Page 3: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

Scope | Enhanced Due Diligence Reports

Scope of Work Level 1 Level 2 Level 3

Executive Summary P P P

Corporate Registration Details P P P

Brief Summary of Nature of Business P P P

Recent Business Activities P P P

Shareholding Structure P P P

Identification and Summary of Key Adverse Issues P P P

Adverse Media Check P P P

Sanctions Check P P P

Local Language searches (Negative Media) P P P

Identification of Associated Parties X P P

Litigation and Compliance Check X P P

Summary of Key Financials X P P

Source of Wealth X P P

Regulatory Checks X P P

Sex Offenders Registry Screening X P P

Insolvency Check X P P

Review of Corporate Governance Issues X P P

Brief Profile of Associated Parties X P P

Extensive Corporate Profile X X P

Credit Ratings X X P

Review of Regulatory Penalties of all Associated Parties X X P

Background check on Management/Board/Ultimate Beneficial Owners X X P

Full Search of identified associated parties X X P

Page 4: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

Terms & Commercials

Taxes would be charged as applicable

Depending on the entity/individual, delivery timelines may vary for Level 2 and Level 3 Reports

The above delivery timelines may differ for large volumes of Due Diligence Reports

Level 1 and Level 2 reports are best suited for Individuals

Research is restricted to public domain searches & sources

Research may be restricted to certain relevant jurisdictions and geographies

Level of Work Pricing Delivery Timelines

Level 1 USD 400 3 Working Days

Level 2 USD 800 5 Working Days

Level 3 USD 1200 7-10 Working Days

Page 5: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

Key Components Challenge Solutions

Anti-Money Laundering

Due Diligence

New technologies and the evolution of criminal activity has

led to the development of sophisticated methods to launder

the proceeds of crime

AML Due Diligence focuses on multitude of risks that organizations face

while dealing with third parties. AML Due Diligence includes regulatory

checks, Sanctions & Watch lists screening, adverse media check, political

affiliations, key financials ( or sources of funds) in addition to checking the

background & history of third parties.

Screening Services Understanding the background and reputation of third

parties you engage with, is more important than ever. A

thorough red-flag screening is what the organizations

require

A screening and red-flag report is focused on identifying potential risks

emanating from dealing with third parties. Red-Flag identification also

includes review of media articles, press releases and online sources of

information to identify potential red-flags. The research is conducted

through databases specialized in collating such information and findings

are presented in a to-the-point report.

Senior Management

Due Diligence

C-Suite executives represent the organization they work for

at various levels, including, print media, making it more

important than ever to conduct due diligence on them.

Additionally, they handle sensitive information and take

major decisions on organization’s behalf.

BMR’s approach of conducting due diligence using primary and secondary

data collection, using public records such as litigation, CIBIL checks,

regulatory checks, media screening & track can help organizations in

making informed decisions while hiring and elevating people

Allied Services

► Anti-Money

Laundering Due

Diligence

► Screening

Services

► Senior

Management

Due Diligence

► Regulatory

Checks &

Litigation Review

► Anti-Bribery

Compliance Due

Diligence

► Extensive Due

Diligence

Page 6: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

Key Components Challenge Solutions

Regulatory Checks &

Litigation Review

Weak or absent internal due diligence processes exposes

the organizations to risks that can easily be avoided

BMR can assist organizations in checking if their third parties face any

regulatory charges or appear of any global Watch lists or Sanction lists in

addition of unearthing pending or disposed litigation matters (civil, criminal)

including bankruptcy filings, for individuals and organizations. A review of

regulatory as well as litigation databases from a large number of countries,

can assist you, in making informed business decisions .

Anti-Bribery Compliance

Due Diligence

Under the FCPA & UKBA Anti-Bribery laws, instances of

Bribery have triggered intense regulatory investigations

resulting in extensive fines on corporations.

BMR’s approach on conducting anti-bribery due diligence not only focuses

on target individual or entity but also on their associations , including

proprietorships, family members, business partners, close friends and

other close associates, to ascertain risks including associations with

government officials, political individuals (PEPs) or parties.

Extensive Third Party

Due Diligence

For organizations tying up with a third party in a new

geography, or partnering with a third party directly or

indirectly

Conducting extensive third party due diligence can help organizations in

understanding the background, business interests, reputation & credibility

of third parties. The checks for an extensive third party due diligence

includes aspects such as business operations, corporate structure,

background & history, regulatory filings, media, political connections,

litigation, credit ratings, financial credibility and an in-depth check of all key

associations of the third party. BMR can also conduct a focused third party

due diligence. Detailed findings, are presented in a comprehensive report

format.

Allied Services

► Anti-Money

Laundering Due

Diligence

► Screening

Services

► Senior

Management

Due Diligence

► Regulatory

Checks &

Litigation Review

► Anti-Bribery

Compliance Due

Diligence

► Extensive Due

Diligence

Page 7: BMR Advisors - Third Party Due Diligence Services

Third Party Due Diligence | Services & Solutions

Contacts

Sarabjeet Singh

Partner

+91 991 034 [email protected]

Abhishek Bali

Vice President

+91 783 838 [email protected]

This presentation has been prepared for clients and firm personnel only. The information contained in this document is for general information purposes only. While the firm endeavors to keep the

information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the

document or the information provided therein. All information contained in this document may be acquired from publically available sources and hence any reliance you place on such information is

therefore strictly at your own risk and the firm accepts no liability in relation to the use of the document. The firm reserves copyright of this document and hence, does not allow anyone to sell, re-publish

or re-distribute the document or derivatives thereof.

© Copyright 2015, BMR Business Solutions Pvt. Ltd. All Rights Reserved