Identifying the inclusion of a corporate entity on a sanctioned watch-list is only part of the compliance check

What is the risk status of the corporate firm if they are not on a watch-list?

Common Pain Points

• Sourcing detailed corporate information takes time.
• Relevant information from open-source freeware might not be accurate.
• Certain information is hard to source for private companies.
• High-risk of human error.
• Possibly inconsistent approach applied by different team members.
• Ongoing monitoring of a corporate can be complex to manage.

Understanding the corporate’s establishment date, number of employees, existing company website and sector provide a behavioral analysis into the soundness of the firm

Apply a Risk-Based Approach to Exporting

The Export Enforcement Five and the Global Export Control Coalition request that exporters conduct customer and transactional due diligence prior to export.

• Evaluate the customer’s date of incorporation (e.g., incorporation after February 24, 2022).
• Evaluate the end-user and end-use of the item (e.g., whether the customer’s line of business is consistent with the ordered items).
• Evaluate whether the customer’s physical location and public-facing website raise any red flags (e.g., business address is a residence, no website is available).

With Trade Compliance Secure — Corporate Behavior, you can leverage Market Intelligence industry standard datasets used by firms across the world

Identify high-risk sectors quickly
Including all sectors from Automotive to Waste Management.

• Aerospace and Defense
• Electronics and Semiconductors
• Metals and Mining

Identify high-risk locations quickly
Including addresses, cities, and other location identifiers.

• Office of Foreign Assets Control (OFAC) sanctioned countries
• Financial Action Task Force (FATF) ‘grey list’ countries
• Restricted end-user countries (United Nations sanctions)

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