State owned enterprises (SOEs) operate in countries around the world, accumulating assets currently equal to half of the global GDP—$45 trillion. While SOEs can make attractive business partners, they also expose organizations to increased regulatory risk for several reasons:
Many SOEs operate in sectors recognized as high risk for financial crime, bribery and corruption—from banking and healthcare to extractives and public utilities.
Management and board members of SOEs are more likely to include politically exposed persons (PEPs), another potential source of compliance risk.
Governments worldwide have prioritised the fight against financial crime, bribery and corruption, leading to increased regulation and cross-border collaboration during investigations.
The Info4C SOEs data is also available through Nexis® Data as a Service for integration directly into in-house risk management or analytics applications.