Global transactions and regulatory scrutiny increasingly compel companies to examine
their business relationships in order to assess risk and comply with regulatory
mandates. Failure adequately to investigate agents, business partners, and clients
and to understand how they operate can expose organizations to reputational damage,
operational risk, government investigations, financial penalties and potential criminal
How KPMG Can Help
Astrus, KPMG's secure on-line due diligence portal, provides a robust and cost-efficient
way to obtain information and assess risks associated with customers, agents and
counterparties. Astrus uses advanced search technology to cover an extensive range
of on-line public data sources, including global sanctions and regulatory enforcement
lists, corporate records, court filings, and press and media archives. Important
integrity and reputational information on subjects is identified and interpreted
by dedicated KPMG analysts. Astrus leverages the collective knowledge of KPMG's
Corporate Intelligence teams globally to help clients assess reputational, regulatory
and jurisdictional risk.
You can use Astrus to:
- Help manage integrity risks arising from business with customers, such as money
laundering or proceeds of crime as part of an anti-money laundering (AML) / Know
Your Customer (KYC) process, and in order to comply with legislation such as the
United States PATRIOT Act
- Proactively manage integrity risks arising from business you conduct via third
parties, such as agents, intermediaries or brokers, including corruption risks.
Astrus reports can be used to support compliance with legislation such as the US
Foreign Corrupt Practices Act (FCPA), the UK Bribery Act and the OECD Anti-Bribery
- Identify Politically Exposed Persons (PEPs) or state-owned entities (SOEs) you
may be dealing with
- Help inform your decision-making in response to Counter-Terrorist Financing (CTF)
legislation and financial sanctions
- Investigate the track record and probity of an organization or individual to assess
their suitability as a supplier/vendor or business partner.
KPMG offers a range of different report levels, depending on the risk profile of
the subject you are dealing with:
Astrus provides access to fast-turnaround, fixed-price, standard scope enhanced
due diligence reports. These reports are suitable in situations where an overview
of a wide range of on-line public data sources is required, in particular to identify
apparent “red flags” or integrity warning indicators.
Our full integrity due diligence reports, available via your regional KPMG Corporate
Intelligence representative listed above, provide access to the complete range of
KPMG's Corporate Intelligence services. Full integrity due diligence reports may
- If you are entering into a significant, high-profile, or higher risk transaction
- The subject of the investigation is located in a low disclosure jurisdiction,
or a jurisdiction where objective or reliable on-line public records information
- The subject of the investigation is involved in a high risk industry
- You are already aware of potential issues or concerns, and require a deeper investigation
of the issues.
Our full integrity due diligence reports are bespoke and are designed to address
your key integrity concerns. They generally involve the retrieval and assessment
of manually-held public records and enquiries with informed local contacts. These
reports provide greater depth, country and cultural context and a detailed assessment
of the relevance and importance of issues identified.
The provision of KPMG's full integrity due diligence reports is subject to standard
engagement procedures and acceptance processes.