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Due Diligence and FCPA Reputation ChecksEvery industry and individual company may have its own set of specifications for conducting, “Due Diligence”. The specific industry, type and value of transaction or relationship contemplated, and tolerance for reputational risk of the client will all factor in the level and specific procedures which may constitute prudent due diligence. Industry standards or government regulations may also play a role to dictate the specific steps required as well as the level of effort expected for a given line of business and nature of the relationship contemplated with the subject of the inquiry. IPJ Services specialists can help our clients understand the advantages and limitations of specific procedures conducted in the region and suggest the strongest program of specific procedures to mitigate reputational risk and financial exposure. We can provide the lowest cost services in the region for any specific program of checks. Business Background Checks, Vendor Checks, and KYCDue Diligence and KYC/FCPA Checks - IPJ Services offers corporate/business background checks designed to provide low cost solutions to conducting standardized due diligence and Know-Your-Customer (KYC) checks for financial institutions, investors, and business operators with interests in Indonesia, the Philippines, and Malaysia. Such checks include profile information, verifications of company registration and business licenses/permits, verification of place(s) and line(s) of business, reputation checks concerning the business and principals, and bankruptcy and civil litigation checks. Commercial Compliance and Purchasing Fraud (No-Value-Added-Intermediaries) - Companies operating in S.E. Asia see profits eroded due to problems in supply chain and financial management stemming from fraud, corruption, and careless procurement practices. Insider dealing, contracting fraud, accounting fraud, and laziness are rampant. At the heart of mitigating losses and improving profits is tight control and verifications of authorized vendors. Our commercial vendor checks verify that your proposed or existing vendor is in the line of business to deliver the products or services you require, has goods on hand of the type you are ordering, and is legally registered in Indonesia. International Shipments - Today’s global economy provides great opportunities for sourcing of products and services internationally but with those opportunities also comes high risks and little chance of recovery through “rule of law”. Finding suppliers online is easy…but how to trust that your orders will be delivered or that the products will meet your expectations? We verify that your proposed or existing vendor exists and is in the line of business to deliver the products you intend to order. Through site visits to the vendor’s office, distribution point, or factory, along with product inspections, IPJ Services will help customers identify legitimate suppliers. If requested, for high value shipments, IPJ Services will conduct inventories and “walk” shipments to the FOB shipping point. Security Background for Vendor Deliveries - Terrorism is an ongoing concern throughout S.E. Asia. Although the likelihood of a terrorist incident at most facilities is low, the consequences if an event occurs are catastrophic. “Vendor Checker-Delivery” is modeled after the U.S. Homeland Security international importer verifications process, applying those concepts on a local scale, determining that the client’s proposed or existing vendors are in the line of business to deliver the products required and pre-screening the delivery vehicles and personnel to expedite security checkpoint access authorizations. IPJ Services will document delivery schedules; obtain descriptions of the vendor’s delivery vehicles, personnel, and normal delivery contents; will review the vendor’s hiring practices and background checking process for employees accessing your facility. Concise security checkpoint reference documents will be prepared as an end product which can be used at security checkpoints to verify the identities of the vendors requesting access and expedite safe entry of delivery contents. Custom Research and InvestigationsFor clients interested in obtaining information which is more unique or specialized in nature, IPJ Services can provide customized research services, investigation, and litigation support. Such services may be provided to law firms, insurance companies, media services, industry specific journals and publications, financial institutions and investors, business operators, intellectual property brand owners, and others. Specific activities of IPJ Services could include conducting and reporting interviews of industry experts and witnesses; obtaining industry specific data for sales, marketing, and pricing; conducting market and customer satisfaction surveys; site visits and surveillance activities, and other research and analysis in Indonesia, the Philippines, and Malaysia.
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