What areas of business should benefit from the Country Reports?

The reports are intended to be used by anyone working in the finance industry but specifically for: -

  • Country Risk assessment requirements for internal policies and procedures
  • Country Risk assessment for take-on of new business
  • Country Risk assessment for annual/periodic review processes for ongoing business
  • Country Risk assessment for third party vendors/suppliers
  • For use by any person dealing with foreign clients/cross-border transactions during the course of their work
  • Providing an audit trail with regard to assessing geographical risk
  • Compliance procedures
  • Training your employees to better understand their clients and their client's business and the risks posed by them
  • Business development