Bringing true diligence to due diligence
A financial services company approached Mercore Compliance because it was unhappy with its current due diligence provider. The company was planning an investment in a European asset management firm, and did not feel like it had the requisite clarity and confidence to proceed with the planned investment based on the information from its current provider.
Enhanced due diligence on a key hire
A nominated advisor wanted to avoid the potential for reputational and financial damage by undertaking an enhanced due diligence report on a potential new board member of its client company. The board member had seemed ‘too good to be true’ and had already been approved by internal due diligence checks.
Tracing the assets of a sensitive PEP
Our client suspected that a person of interest had undeclared and/or hidden assets. The Mercore Compliance team was tasked with verifying the subject’s known assets as well as identifying any additional assets that the target may have intentionally hid from our client.