The market is still more sensitive to politics than usual. Therefore it is crucial to control the risks of possible connections of your counterparties with sanctioned persons and companies. The functionality for checking such links has been added to YC.Market. Here’s how to use this essential function.
YC.Market tool now allows you to check connections with politically exposed persons and persons on sanctions lists in the CIS countries when searching for b2b counterparties. You can analyse all registered business entities in Ukraine.
How to uncover the “russian and belarusian trace” of your counterparties?
The presence of a “russian trace” is one of the criteria for analysing market participants using the YC.Market tool. You can add an appropriate filter so that the system finds only those entities that have no ties to the russian federation and the republic of belarus:
How does the “russian trace filter” work?
The following factors are applied when checking Ukrainian legal entities:
- The ultimate beneficial owner (controller) is a citizen of the russian federation and/or registered in the territory of the russian federation.
- A member of the counterparty is a citizen of the russian federation and/or registered in the territory of the russian federation.
- The ultimate beneficial owner (controller) is a citizen of the republic of belarus and/or registered in the territory of the republic of belarus.
- A member of the counterparty is a citizen of the republic of belarus and/or registered in the territory of the republic of belarus.
That is how the search for possible ties with representatives of sanctioned jurisdictions occurs.
If you need a detailed analysis with a report, use the YouControl system. YouControl’s Express analysis considers more than 530 risk factors, including those aimed at instantly identifying links with russia and belarus in the activities of counterparties. The main advantage of this tool is the ability to open a profile and immediately see a summary analysis of a company or individual entrepreneur.
If you are interested in researching the British market, YouControl‘s RuAssets platform allows you to check companies in the UK and abroad. The system helps to find the “russian and belarusian trace” and protect your company from the risks of working with toxic companies, prevent terrorist financing and the possibility of secondary sanctions, and keep your brand reputation clean.
Register for a 7-day free test drive of all system features.
