Verifying the identity of individuals determined as beneficial owners and conducting Enhanced Due Diligence
can be time consuming and costly. However, these costs are far outweighed by the potential damage caused by dealing with money launderers, sanctioned individuals and failing to comply with global regulations. Regulatory fines and a tarnished corporate image can impact your brand value, your profits and your share price.
LexisNexis® Risk Solutions help to simplify due diligence processes, enabling you to verify identity
and screen individuals against a comprehensive and unique database of PEPs, Sanctions
, enforcements and adverse media.