Transparency: Keeping an Eye Out

Posted by Joachim Bartels | Jul 13, 2011 | Business Information, Business Intelligence, Credit Information, Member, Member News, Switzerland, Worldbox | 0 |

Revealing the Truth Behind Corporate Lies

Background-checking financial records, balance sheets and even key individuals in a firm before signing a deal with them are an essential part of international business today, and may even be a legal pre-requisite.

Questions everyone setting up a deal with a foreign or even domestic company should be asking are: How do you deal with verifying the identity of companies from emerging markets where registration data is not available online?

Our member Adrian Ashurst of Worldbox AG offers a guide to the different areas of business checking available.

See page 11 in the June edition of Intercontinental Finance: ICF June 2011 LR_2

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.