Numerous regulations fighting corruption (Sapin II law), contributing to the prevention of social risks(Duty of Vigilance), money laundering and terrorist financing (AML - Anti Money Laundering / KYC - Know Your Customer... ), require companies to comply with the evaluation of third parties (customers, suppliers, intermediaries).
More specifically in France, the Sapin II law deals with many subjects, including the fight against corruption, which concerns more than 1,600 French companies. This scope is expected to expand in light of the recommendations of the French Anti-Corruption Agency (AFA). In France, a company can be found guilty of corruption and be sentenced for this offence to a criminal penalty, as well as possibly to an administrative penalty of 1 million euros (provided for by the Sapin II law).
For companies with capital, the Ultimate Beneficial Owners (UBO) are the natural persons who either directly or indirectly hold more than 25% of the capital or voting rights of the company, or who exercise by any other means a power of control over the company.
When no natural person could be identified according to the previous criteria, the Beneficial Owner is the natural person(s) who legally represents the company. If the legal representative is a legal entity, the Beneficial Owner is the natural person(s) who legally represents this legal entity.
Before entering into a business relationship with a commercial partner (customer, supplier), the company must imperatively carry out preliminary verifications called due diligence (financial health, reputation, integrity of the partner?)
This analysis is not limited to new partners, the existing portfolio must also be monitored. To do this, it is necessary to focus on the quality of information, which can come from within the company, through customer questionnaires, or from outside, through the collection of information from reliable sources.
YOUR ISSUES
Master your due diligence...
Compliance is now at the heart of the challenges facing companies. Previously limited to banking compliance, it now extends to companies covered by Article 17 of the Sapin II law.
To face these new challenges, companies must reinforce their compliance policy in terms of :
OUR SUPPORT
... thanks to the wealth of KYC data
To meet these challenges, Ellisphere helps you implement solutions to optimize your customer and supplier knowledge actions (KYC/KYS).
The Ellisphere approach is based on :
- The richness of its third-party database.
- The provision of a dedicated onboarding platform.
- An ecosystem of partners to assess the integrity of third parties.
Thanks to our support, you can secure your compliance and develop your company's activity with peace of mind.
Our offer
The advantages of our offer
3,7M
of financial links on French companies
3M
company or individual names
MULTISOURCE
An approach that benefits from our entire network of partners
ALL IN ONE
A complete and exhaustive service offer
MODULAR
A functional configuration adapted to your context
TRACEABLE
Transparent data and actions
Our team
Dedicated experts to support you
Michel Afonso
Nathalie Vandaele
Valerie Maertens
Our solutions
Ellisphere offers you its expertise to ensure serene and optimal compliance and to secure your business relationships.
Discover all our solutions dedicated to due diligence processes.
COMPLIANCE FOR BUSINESS
Complete your due diligence operations in the evaluation of your third parties
DUTY OF CARE
Simplify your administrative procedures in your vigilance processes
They trust us
