Assessing market, territory, and third-party risk in business operations

The need for enhanced due diligence and corporate intelligence

A review of concluded bribery/corruption proceedings from 2008 and 2009 reveals that, in almost all instances, third party intermediaries (e.g., agents, customs brokers, distributors, subcontractors, freight forwarding agents, etc.) were used to make improper payments. The reputational and business risks associated with conducting business through such “third parties”, especially in emerging and expanding markets, are high.

The dramatic increase in U.S. and international regulatory enforcement actions has added to the challenge that executives face in their global business operations. Obtaining reliable corporate intelligence reporting helps facilitate a continual feed of information to executives on the local operating environment and the spectrum of risk that international business will face in emerging markets, including the use of third party intermediaries.