a group of people sitting at a desk with computers in SECURINTEL office

From economic intelligence to economic security.

The aim is to make the most of business intelligence techniques by achieving results for :

- Inform your strategic decisions,

- Secure your business and your international development. In particular, we have capacity in Russia's neighbouring countries: the Caucasus, Central Asia and the Balkans. We also have opportunities in certain African and Asian countries.

- Comply with legal obligations (Sapin 2 Act and Duty of Vigilance Act),

- Effectively combat internal fraud.

- Limit the risk of reputational accidents with subcontractors who do not comply with CSR standards or with cases of corruption (which could lead to high fines).

SECURINTEL offers an economic security approach integrating the capabilities of security and economic intelligence experts.

Our international network enables us to carry out on-the-spot checks in addition to research on open sources (OSINT). We can produce due diligence reports and advise and support you in setting up an internal economic security department.

From economic intelligence to economic security.

Risk assessment.
Due diligence.
Internal fraud prevention system
On-site checks, including abroad.

Below is an explanation of the legal obligations and how to meet them as part of a global approach.

Our aim is to help you make the most of your compliance initiatives (mandatory fight against fraud and corruption, compliance with CSR standards) by building an economic security system tailored to your business. We also offer security audits of your sensitive infrastructures, followed by practical recommendations.

Compliance and economic security

In order to meet legal obligations (compliance), but also to avoid costly cases of fraud and corruption, it is strongly recommended that you check the reputation, criminal record, international sanctions and financial situation of your partners, suppliers and subcontractors.

The aim is to optimise the system to be designed to comply with the Sapin 2 and Duty of Vigilance laws: see below for details of legal obligations. The approach proposed by SECURINTEL is to enhance the system by making it truly effective in the fight against internal fraud with the following services:

- Analysis of the company's specific risks with regard to these two laws.

- Development of a cost-effective action plan to achieve compliance.

- Proposal of a subscription to carry out a large number of due diligences.

- Training and technical support for the creation of an economic security department dedicated to the fight against fraud and corruption.

- Support for international development in compliance with legal obligations.

In France, these are the Sapin 2 Law and the Duty of Vigilance Law: Verification of Third Parties and Due Diligence.

These laws apply to subcontractors abroad.

1. Sapin 2 Act

Context :

The Sapin 2 Law, adopted in December 2016, aims to strengthen the fight against corruption and promote transparency in business practices. It requires companies to put in place measures to prevent and detect acts of corruption, in particular by verifying third parties.

Main points :

- Prevention of corruption: The law requires companies with more than 500 employees and a turnover in excess of €100 million to implement a corruption prevention plan. This plan must include measures such as codes of conduct and training.

- Protection of whistleblowers: The law strengthens the protection of whistleblowers by guaranteeing their anonymity and prohibiting reprisals against them.

- Financial transparency: Companies must publish information about their activities, including political financing and executive pay.

- Penalties: Penalties may be imposed on companies that fail to comply with these obligations, including fines and bans on public contracts.

Third-party verification

Due diligence obligations: Companies must carry out thorough due diligence on third parties with whom they work, including suppliers, business partners and agents. This includes assessing their reputation, legal compliance and ethical practices.

Selection criteria: Companies should establish clear criteria for selecting their partners, ensuring that they comply with ethical and legal standards. This involves investigating the background of third parties, their financial situation, and their compliance with anti-corruption laws.

Ongoing monitoring: The law also encourages regular monitoring of third-party relationships to identify any changes in behaviour or circumstances that could pose corruption risks.

2. Duty of Vigilance Law

Context

The Duty of Vigilance Law, passed in March 2017, requires large companies to prevent human rights and environmental abuses in their supply chains. Third-party verification is a central element of this law.

Main points:

Compliance plan: The companies concerned (those with more than 5,000 employees in France or 10,000 abroad) must draw up a compliance plan. This plan must identify and prevent the risks of human rights and environmental abuses. It includes due diligence procedures to identify and prevent risks related to their subcontractors and partners. This requires an assessment of the social and environmental impacts of their activities.

Partners consultation: Companies must consult partners, including trade unions, when drawing up and implementing their due diligence plan.

Legal liability: Companies can be held liable and face legal action if they fail to meet these obligations.

Annual report: Companies must publish an annual report on the implementation of their compliance plan, thereby ensuring transparency vis-à-vis stakeholders.