Situation

An international bank was looking to engage a new high-net-worth client that had extensive political and business connections in Mali and Côte d’Ivoire.

Task

The client wanted to understand any reputational or regulatory issues that might relate to political exposure or other potential impropriety.

Action

We accessed sources in government and industry in the region to provide background and insight into reputational issues and relationships with Politically Exposed People from a former government; and the potential risk of further scrutiny from local, regional and international regulatory and law enforcement agencies.

Results

Our report and insight provided support for our client’s decision-making process and gave them a solid base to balance business opportunity with potential risk.