Sentences with phrase «due diligence procedures»

The process and tactics is same as in any other due diligence procedure, with one big difference, you have to make reviews of relevant regulation on a daily basis.

And each of these areas is fluid, changing rapidly, which is not the case in a typical due diligence procedure, where we have more predictability.

With this in mind, once the legislation is applied at the European Union level, crypto exchanges alongside wallet providers will be required to introduce specific due diligence procedures for their customers.

2.5 Our Purchase Terms and Conditions (Goods and Services) include anti-slavery provisions, including implementing due diligence procedures with suppliers, sub-contractors and other participants in the supply chain.

[1] The Agency informed Global Witness that it had found DLH's due diligence procedure legally compliant, but did not coordinate with other authorities to check the application of these procedures by subsidiaries in other European Member States.

FSC's finding that DLH followed none of its own due diligence procedures casts serious doubt over law enforcement efforts by Danish authorities responsible for policing the import of illegal timber into Europe.

A primary role of legal opinions in business transactions is to provide assurance that the documents are valid, binding, and enforceable, subject to certain qualifications, based on the opinion giver's adherence to certain due diligence procedures and standards of care.

We have assisted many law firms develop high risk client profiles, and establish due diligence procedures that attorneys must follow before agreeing to represent «high risk» clients who may pose a potential financial problem.

Led by the firm's head of real estate Andrew Bembridge, the deal was made even more challenging by the fact it was a share sale transaction and there were no warranties on the underlying environmental state of the properties, requiring extensive due diligence procedures from all parties (including ensuring that representations made at interviews between the buyer and seller on environmental issues were not binding).

THE FIRM ALSO CONDUCTED A COMPREHENSIVE LEGAL DUE DILIGENCE PROCEDURE PRIOR TO THE PURCHASE OF THE

We were appointed by Aster Capital, in the name of the pool of investors, to carry out accounting, financial, tax and social security due diligence procedures applied to OpenDataSoft.

The responsible corporation needs to bring the following characteristics to bear in its compliance programmes: - good due diligence procedures; - a compliance culture and not just a dusty manual on a shelf in head office; - a strong foundation of financial control underpinning the compliance programme; - transparent and accountable controls on the delegation of authority; and - third party payment controls.

McCarthy Tetrault's use of law firm analytics to re-engineer and improve M&A due diligence procedures, for example, «has allowed us to reduce costs to our clients up to 75 per cent, while charging them using predictable alternative fee arrangements such as fixed - rate billing,» said Peters.

Ensured due diligence procedures compliance were followed in regards to suspicious activities of large currency transactions above $ 10,000 and monetary instruments purchases (i.e. cashier's checks, money orders and travelers checks) in amounts exceeding $ 3,000 and above were reported to AML / BSA in a timely manner.

Key Highlights: • Conceptualized and implemented due diligence procedures to ensure compliance with investment guidelines as addressed by the Compliance officer and Portfolio Manager.

As experts in temperature, we provide products and monitoring solutions to the food industry that aid compliance with HACCP regulations and due diligence procedures, helping to improve product safety to customers, eliminate risk and reduce cost in the supply chain.

Like our other Loma equipment, it was easily installed as part of the packing process where it meets all end - of - line HACCP standards in line with our due diligence procedures.»

It said the event was organised by Time Out and so not its responsibility, but also suggested hosting the event passed its due diligence procedures.

The independent information from the NHS on milks for older babies is swamped by the promotion from the formula companies — and it is disappointing that the Museum is prepared to profit from this by hiring out its facilities, rather than changing its due diligence procedures.

After a due diligence procedure was completed by WSM Services Ltd, the concerns originally raised by CySEC were fully addressed leading to the company regaining it's CIF License.

DLH was unable to provide the Panel with documented evidence that it had followed its due diligence procedure for any supplier in Liberia.

Risk - based compliance and due diligence procedures are key to spotting the signs of criminal activity, and submitting SARs (Suspicious Activity Reports) will not only ensure you comply with the law, but also play a part in tackling money laundering before unlawful funds enter the economic system.

Johari also added that once the crypto regulation takes shape, national exchanges dealing in the digital token shall have to apply for KYC registration and follow all due diligence procedures.