From drug trafficking to CSR: why third-party assessment is becoming essential

In the latest Compliance special issue of AFJE’s JEM magazine, Ambre Steyer, partner at Proetic, analyzes third-party assessment as an essential lever for draining organized crime resources and curbing its foothold in the legitimate economy.

By helping to close the channels of money laundering and to neutralize attempts to infiltrate the legitimate economy, third-party assessment contributes to the strategic objective: depriving criminal organizations of their resources and legitimacy. Essential for detecting risks upstream, the initial assessment alone is not enough and must be accompanied by structured ongoing monitoring.

‘More often than not, anomalies arise after the contract is signed. Hence the need to implement structured post-assessment monitoring, moving from ad hoc due diligence to continuous vigilance.’

The article explores :

• The infiltration of the legitimate economy by criminal networks
• Key developments in France’s strategy against drug trafficking narcotrafic
• The importance of continuous monitoring after third-party assessment
• Comment les audits transforment les CSR commitments into real practices

🔗 The article is available here 

Enjoy reading!