Get relevant information on the latest product updates and compliance solutions from the KYC Spider toolkit.
Media Check With the Media Check we offer you another tool that allows you to check your (potential) customers and business partners for general Google and online entries and general media news, including social media channels. This tool is ideal to get a first general media impression and overview of a person or company, or to complete a customer file.
Crypto-currency verification: 260 blockchains and tokens can be examined for risks in our Toolbox We have enhanced the existing crypto-currency check (CCM). From now on, you can check wallets and transactions for 260 blockchains and associated tokens. For more information see below.
ESG Due Diligence Assistant ESG (environmental, social and governance) risk monitoring becomes a new additional compliance requirement. With the rejection of the Corporate Responsibility Initiative in Switzerland, the indirect counter-proposal will automatically come into force, introducing new mandatory reporting requirements in the Swiss Code of Obligations and in criminal law. Depending on its size and sector of activity, the company will have to report on its environmental, social and labour concerns, respect for human rights, the fight against corruption and compliance with due diligence obligations for minerals and metals from conflict zones or high-risk areas, as well as for products or services where child labour is suspected. As things stand, the complex new regulations will come into force in 2022, requiring companies to report accordingly for the first time in 2023. In this respect, ESG risk management is becoming increasingly important not only from a reputational perspective, but also from a criminal law perspective.
The companies directly concerned are those that outsource part of their value creation and meet the required criteria in terms of size and sector of activity. However, ESG risks not only play a central role in the examination of supply chains in procurement, but also complement a holistic view of the legal entities in the client base.
KYC Spider now offers the possibility to use the ESG Due Diligence Wizard to quickly and efficiently check whether your customers and business partners have relevant information and articles on ESG topics or risks. After searching for the most relevant articles, you can evaluate and comment on them individually. The PDF report can then be downloaded or archived in the KYC Spider toolbox as usual.
Update of the Enhanced Due Diligence (EDD) Assistant Our popular EDD wizard has been updated with the latest version and is now based on the same technologies as the ESG Assistant.
Are you interested in testing our new features or keeping up to date with compliance and ESG news and developments? Sign up now for a short demo appointment or to receive compliance and ESG updates:
KYC Spider offers all the necessary compliance services relevant not only for finance intermediaries, banks and insurance, but also for fintechs, casinos and industrial corporations: Embargo, sanctions screening, PEP and crime check and compliance documentation.