Financial Crime World

Dow Jones Introduces Enhanced Due Diligence Reports for PITCAIRN Market

In an effort to help finance professionals navigate the complex world of due diligence, Dow Jones has launched its Enhanced Due Diligence (EDD) reports, designed specifically for the PITCAIRN market. These comprehensive reports provide a detailed assessment of third-party risk, reputational risk, and financial crime compliance.

What are EDD Reports?

The EDD reports are based on analysis by Dow Jones’ team of regional experts, who possess in-depth knowledge of corruption trends and risks in their respective jurisdictions. The reports cover key areas such as:

  • Bribery and corruption
  • Source of wealth
  • Sanctions
  • Adverse media
  • Beneficial ownership
  • Environmental, social, and governance (ESG)
  • Modern slavery
  • Human rights
  • Political exposure

How are EDD Reports Created?

Dow Jones’ global team of researchers leverages market-leading structured and unstructured data, as well as licensed content, to deliver standardized methods and customizable resources for assessing risk and complying with regulatory obligations. The company’s solutions can be tailored to organizations of any size or industry, making it an ideal partner for PITCAIRN finance professionals.

Types of EDD Reports

The EDD reports are available in two primary categories:

  • Third-Party Risk Management: This category includes reports that help clients assess the risk associated with third-party relationships.
  • Financial Crime Compliance: This category includes reports that assist clients in complying with financial crime regulations and preventing money laundering.

Within these categories, clients can choose from a range of specialized reports addressing specific legislative requirements, such as:

  • Trade compliance
  • Supply chain management
  • Reputational risk

Customized Solutions

In addition to its standard reports, Dow Jones offers customized solutions for:

  • Suspicious activity reporting
  • Investigations
  • File review requirements
  • Red flag reports: These provide a summary of key regulatory and reputational risks associated with an individual or entity.

Ordering and Delivery Process

Dow Jones’ secure ordering and delivery process ensures seamless access to its EDD reports. Orders can be submitted through the company’s web-based platform or integrated into clients’ internal systems using an API.

Learn More

For more information on Dow Jones’ Enhanced Due Diligence Reports, please visit their website or contact their team directly.