TenIntelligence were tasked by a Nominated Advisor to provide due diligence services on an individual being considered for a Board position. Our thorough desk-based research revealed that the Subject had misled the client regarding his previous experience, but otherwise had no adverse financial, regulatory, insolvency, sanction or media exposure. Subsequent interviews with well-placed human sources revealed that the Subject had been accused of insider trading and defrauding their clients, and had behaved inappropriately towards colleagues.
We provide due diligence services to all firms under the FCA’s supervision including entities providing consumer credit and now falling under the FSMA regime, in adhering to the FCA’s approved persons’ regime, Enhanced Due Diligence (EDD) requirements and other anti-corruption and anti-money laundering rules and guidance. More specifically, we assist Nominated Advisors, Corporate Finance and Private Equity companies acting for AIM and FTSE listed companies, with background checks and EDD on directors [and beneficial owners] as directed by the London Stock Exchange rules and regulations.