Due Diligence Medium-High Risk

Medium-High Risk

A Detailed Due Diligence Review that Eliminates Screening Costs for Multinational Companies
“TRACEcertification provides the compliance community with an invaluable service by setting a global standard for third party due diligence that is based on the highest benchmarks.”
Bapsy Dastur
General Counsel – Head Legal & Integrity IMA,

TRACEcertification is a comprehensive due diligence review, analysis and approval process establishing that an individual or organization has been thoroughly vetted, trained and certified by TRACE. Certification by TRACE signifies that a company or individual has completed an intensive review that meets international requirements. TRACEcertification reports can also be purchased by the third party intermediaries vetted, who can then provide copies to their business partners, eliminating screening costs for multinational companies while providing the assurance that third parties have completed a thorough review administered by TRACE.

TRACEcertification report at a glance:

  • Detailed company information, including information on subsidiaries and affiliated entities.
  • Business registrations, as applicable.
  • Corporate literature or a company description.
  • Beneficial ownership (except for shareholders owning less than 5% of publicly-traded companies).
  • Identification of directors and key employees.
  • Additional ownerships, directorships and employment of all owners, directors and key employees.
  • Government employment of owners, directors and key employees.
  • Contact information for three business references.
  • One financial reference or audited financial statement.
  • Local language media searches and litigation searches dating back seven years in a comprehensive international database.
  • Denied party screening and negative media searches.
  • Evidence of anti-bribery code of conduct and training.

As an exclusive member benefit, TRACE Corporate Members may sponsor their third parties to receive this due diligence review at a discounted rate.

TRACEcertification is not a guarantee against past or potential wrongdoing by the certified entity or a guarantee against potential liability. A summary of any “red flags” identified during the TRACEcertification review will be included in the report, but not all red flags preclude TRACEcertification. Companies doing business with the TRACE Certified entity should always request a full copy of the underlying report.

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