Indicator |
Risk description |
Possible solutions |
References |
Insolvency/failure to meet financial commitments |
Financial vulnerability that can lead to future non-compliant behaviour. |
examine the financial statements and financial movements of the applicant to analyse the applicant’s ability to pay their legal debts. In most cases the applicant’s bank will be able to report on the financial solvency of the applicant; internal monitoring procedures to prevent financial threats. |