This training program will explore 8 techniques for verifying the legitimacy of your foreign counterparty. It will also discuss credit check, background check, reference check, criminal record check, restricted parties record check, financial health check, and more.
Want to make sure that you deal with the legitimate individual or company overseas?
Did you know that if you trade with restricted parties you can serve jail time and expose your business to significant reputational risks?
This webinar will address and discuss these core issues and more. Attendees will gather a deeper understanding of risks associated in dealing with foreign counterparties and learn to format a more strategic approach to due diligence.
Why Should You Attend:
Want to avoid losses of money or product or both when trading internationally?Want to make sure that you deal with the legitimate individual or company overseas?
Did you know that if you trade with restricted parties you can serve jail time and expose your business to significant reputational risks?
This webinar will address and discuss these core issues and more. Attendees will gather a deeper understanding of risks associated in dealing with foreign counterparties and learn to format a more strategic approach to due diligence.
Areas Covered in the Webinar:
- Risks associated with dealing with foreign counterparty
- Credit check
- Background check
- Reference check
- Criminal record check
- Restricted parties record check
- Financial health check
- Personal visit of seller’s or buyer’s premises
- Mystery shopping from your foreign seller
- Strategic approach to due diligence
Who Will Benefit:
- Established businesses trading internationally
- Businesses new to international trade
- CEOs, owners, founders/co-founders, MDs, directors, etc.
- Import and export professionals
- Global trade compliance professionals
Course Provider
Igor Chigrin,
