Sound due diligence on the corruption front is just good business. It’s a message reinforced by recent headline risks and record Foreign Corrupt Practices Act (FCPA) and Bribery Act fines. Record increases in FCPA noncompliance penalties reflect a global resolve to deny financial safe haven to corrupt officials. More than ever, companies must screen and monitor potential vendors, agents, partners, and other third parties to detect red flags for bribery, fraud, corruption, and crime. Requirements for tight internal controls outside the US from enhanced enforcement of multilateral anticorruption conventions magnify demands worldwide for a reliable antifraud and anticorruption solution.
RDC intelligence offers organizations access to:
- The fraud protection required to highlight potential vulnerability to embezzlement, malfeasance, and bribery.
- Relevant criminal records and extensive negative media on felonious activity and shell companies.
- Extensive, global coverage of persons and organizations indicative of FCPA-relevant risk.
- Widespread, global coverage of known or suspected crime figures and organizations drawn from a broad mix of media, regulatory, and enforcement sources.
- Comprehensive coverage of key categories of crime, misconduct, fraud, and other categories of activity of direct concern to organizations with requirements to vet and continuously monitor prospective business associates.
Additionally, RDC was founded and remains strongly supported by industry leaders with decades of experience running financial institution operations who possess extensive hands-on due diligence, AML, anti-fraud, anti-corruption, and U.S and international sanctions and export controls compliance experience.
