Ensure Quality Management And Control With Our Financial Regulatory Check Services
Our pre-employment financial regulatory checks ensure you hire candidates for important roles with complete ease of mind and security.
Get the right person for the job, with our financial regulatory screening, ensuring you hire your desired candidate for management roles without the risk of compliance issues.
Our services are designed to provide the fastest and most efficient financial background screening, so that you can go through the hiring process without much cost to time while maintaining quality.
Intensive background checks ensure your candidates are suitable for financial service roles in compliance with all relevant government authorities, protecting the quality and industry standards.
Hedge.com.bd service providers are experts in financial laws and ensure the checks take into consideration the most reliable and accurate up to date regulatory laws so you always hire the right candidate for your company.
Directorship or business interest checks investigates the candidate’s interests in other businesses that might cause a conflict of interest in the role they applied for. This is to ensure that candidates being hired into higher management roles such as directors and managers do not have business motives detrimental to your own. The checks usually takes into consideration:
The candidate is checked against any relevant bankruptcy registers, and their financial records examined, to ensure the candidate does not have any previous record of insolvency under any relevant authority. These checks can provide valuable insight into the way the candidate manages their finances and their sense of financial integrity and responsibility.
Anti money laundering checks are critical to financial background checks, as they ensure that the candidate will not attempt to launder money through your business, especially if they are being hired to manage finances, or are being hired into a bank or a financial institute. AML checks provide insight into the candidate’s finances to ensure they never attempted to disguise illegally obtained funds as legitimate income.
Financial Regulatory Investigation with credit checks should be an integral part of your hiring process, as it helps you understand the financial context of the candidate. It, therefore, reduces the risk a person under financial strain can cause for your company and protects your company from potential regulatory or compliance claims centered around the candidate. Our service providers ensure that these background checks are extensive while maintaining a fast, streamlined process so as to not disrupt your recruitment process. Some benefits of utilizing our services include:
Our services provide a vast range of checks to ensure that the person you’re hiring is fit for the job and has no undesirable credit records.
Financial Regulations Check can now be used to see if a candidate has been in charge of Financially Regulated activities.
The following information is included in our Financial Regulations Checks:
Screening for Pre-Employment
We will ensure that any number of potential candidates are subjected to full pre-employment screening using our specially designed background screening system. We’ll make sure your applicants are qualified for financial regulated positions, or we’ll conduct more extensive background checks on those applying for unregulated positions.
Arrange for a background check that is financially regulated. Contact our team of experts today to set up pre-employment screening that adheres to industry best practices, or to request a cost-effective annual rescreening solution. We’ll be able to recommend the most appropriate checking service for your needs.
We Obtain Critical Regulatory Checks from Anywhere in the World
A standard background check package may be sufficient for many job positions. However, there are local laws, rules, or regulations that require specific types of additional database searches in certain regulated industries, such as financial services or banking, and in some jurisdictions. While most employers know where to go for required regulatory screening within their own country, hiring candidates to work in other countries is not as straightforward
First Advantage is aware of what is and is not available.
Organizations can better understand how candidates handle fiscal responsibility with three types of financial checks available for employment purposes, without worrying about “international gaps” that can sometimes occur when candidates have lived in other countries.
Depending on location and availability, clients may choose to use a combination of these searches to ensure optimal coverage. Also, while a financial check may be available, employers should take extra precautions to ensure that the financial check is job-related before ordering one for employment purposes.
Credit Check consults a credit bureau or a public or private database. Financial judgments, litigation, and collection issues are all possibilities.
Searches a variety of sources to learn about a person’s bankruptcy history. Dates of bankruptcy, judicial decisions, assets and liabilities, and/or bankruptcy status are all possible outcomes.
Searches for civil suit type records relating to financial issues, such as bankruptcy court outcomes or a payment dispute that has escalated to the level of a court.
For highly regulated financial sectors, financial regulatory checks are critical. Banking, Financial Services, FinTech, Insurance, Investment Banking & Funds, and Payment Services are just a few examples. Professional Services, Management Consulting, Business Process Outsourcing, HR / Recruitment / Staffing, and other service providers that provide contract and temporary personnel to the sector.
All candidates in highly regulated financial sectors, as well as businesses that provide services to those sectors, should undergo financial regulatory checks.
The Financial Regulatory Checks would look into whether or not a person has previously had permission and responsibilities with financially regulated activities. The checks would reveal whether an individual has been subjected to Financial Regulatory Body disciplinary actions.
Stock exchanges, stock dealers and brokers, merchant banks, asset management companies (AMCs), credit rating agencies, and other securities and exchange commissions in Bangladesh are there for financial regulatory checks.
Smart and tailored financial regulatory checks assist you in quickly gathering the information you need to make informed decisions.