Platform Service
Unitas Co.,Ltd proudly introduces Country Risk Index. Since 2008, we have been discussing how to improve and differentiate our solutions effectively in many ways.
Country Risk Index
- CRI provides a daily index of 239 countries / jurisdictions, analyzed with 39 reputable variables.
- Variables from various topics such as transparency, terrorism, narcotics, governmental risks.
- Evaluate how a country or jurisdiction is exposed to Money Laundering Risks.
- We also provide a report for each country with scores of variables and whether it is included in notable Sanctions / Embargoes provided by governments or financial regulators.
1. Preparation for FATF Mutual Evaluation
Among 40 Recommendations from FATF, CRI may help institutions to prepare the followings.
| NO |
FATF RECOMMENDATIONS Mutual Evaluation |
| 1 |
ASSESSING RISKS AND APPLYING A RISK-BASED APPROACH |
| 5 |
TERRORIST FINANCING OFFENCE |
| 6 |
TARGETED FINANCIAL SANCTIONS RELATED TO TERRORISM AND TERRORIST FINANCING |
| 7 |
TARGETED FINANCIAL SANCTIONS RELATED TO PROLIFERATION |
| 10 |
CUSTOMER DUE DILIGENCE (CDD) |
| 15 |
NEW TECHNOLOGIES |
| 17 |
RELIANCE ON THIRD PARTIE |
| 18 |
INTERNAL CONTROLS AND FOREIGN BRANCHES AND SUBSIDIARIES |
| 19 |
HIGHER RISK COUNTRIES |
2. User Customization
- Users can change the weighted values of variables based on their own Internal Policies.
- Compare your results with our index and make sure the customized procedures are on the right -track to reduce Country Risk.
- Renew your updates whenever events or changes in policy occurs EVERYDAY.
3. Country Risk Report
- For documentation, CRI provides a report of single country with major variables.
Link : www.countryrisk.or.kr
