Due Diligence Highest Risk

Highest Risk

Intensive, On-the-Ground Due Diligence Investigation

TRACEreview® offers an intensive, on-site review of higher risk relationships or relationships for which significant red flags have already been identified. It can also be used to audit third party relationships. Conducted by a senior TRACE attorney and due diligence analyst, this comprehensive intelligence gathering service builds a complete profile of the subject without outsourcing the review to an independent contractor and compromising the quality of the report. 

TRACEreview at a Glance:

TRACE ATTORNEY-LED INTERVIEW PROCESS
One of our experienced attorneys will conduct in-depth, in-person interviews with all relevant personnel, principals and certain key staff. During this process, information will be gathered assessing interaction with government officials, including records of past transactions, and our attorneys will build a complete profile of the existing compliance culture. Financial records, contracts, licensing and permits will all also be reviewed.

TRACE ATTORNEY-LED ON-SITE FACILITY VISIT
A TRACE attorney will tour the intermediary’s facility, consult local Embassy staff and supervise a public records search conducted by our multilingual due diligence analysts.

TRACE DUE DILIGENCE ANALYST-LED TRACECERTIFICATION REVIEW PROCESS
Prior to the on-the-ground investigation, TRACE will thoroughly vet the intermediary using our internationally recognized TRACEcertification due diligence review. This high-level review, analysis and approval requires the intermediary to complete a comprehensive questionnaire providing detailed visibility into the business, its complete structure, operations, locations, registrations and certifications.

Our multilingual due diligence analysts will run two open-source database searches and inquire into inclusions within sanctions lists, law enforcement lists, international regulatory enforcement lists and multiple other bodies’ lists. TRACE also requires the intermediary to provide evidence of a compliance program, policies and procedures via a copy of internal documentation or the adoption of the TRACE Code of Conduct.

Learn more about the TRACEcertification review.