Red Flag Group Explained
The Red Flag Group was a global integrity and compliance risk firm based in Hong Kong[1] with 15 offices located throughout the United States, Asia, Middle East and Europe. The firm had approximately 300 employees, who advised clients across a range of industries on compliance and anti-corruption regulation. It also had a partnership with LexisNexis in the area of outsourced due diligence.[2]
They applied a unique set of business intelligence, advice, and technology to manage the integrity and compliance risks across four key areas:
- Planning, implementing, measuring and monitoring integrity and compliance programmes
- Selecting and managing the integrity of suppliers
- Selecting and ensuring compliance in sales channel compliance
- Making sure you know your customers so your integrity in protected
On 5 October 2020, The Red Flag Group was acquired by Refinitiv.[3]
Area
- Antitrust and corruption
- Employment, safety and reputation
- Cyber security and business stability
- Environment and governance[4]
References
- http://www.prnewswire.com/news-releases/the-red-flag-group-launches-compliance-interactiver-300260020.html The Red Flag Group Launches Compliance Interactive(R) PR Newswire, 29 April 2016
- http://www.lexisnexis.com/en-us/products/integracheck-the-red-flag-group.page LexisNexis - Due Diligence Research Tailored to Advanced Risk
- https://www.refinitiv.com/en/media-center/press-releases/2020/october/refinitiv-acquires-the-red-flag-group Refinitiv acquires The Red Flag Group, significantly expanding its suite of due diligence offerings, 5 October 2020
- http://www.insidecounsel.com/2016/07/05/moving-beyond-bribery-and-corruption-an-entire-uni?slreturn=1480718188 Moving beyond bribery and corruption: An entire universe of third party risks Insider Counsel, 5 July 2016
External links
