Compliance is an essential pillar in guaranteeing not only legality, but also the safety of operations.
At Eunomart, we understand that this process can seem daunting. As the famous saying goes, “Rome wasn't built in a day”. It's crucial to start somewhere and progress step by step.
To help you along the way, we've put together a step-by-step guide to achieving full compliance!
1. Understand and assess your global business
The first step is to draw up a risk map. This process, to be carried out once a year, helps to identify and highlight potentially risky areas in your business. Next, it's important to establish a risk classification and determine the appropriate levels of vigilance for each category. Finally, an internal protocol should be drawn up to document all the actions and procedures implemented within your facility.
2. Assessing the risks associated with your objects and vendors
Next, turn your attention to assessing the risks associated with your objects and vendors. This includes identifying risk factors concerning the provenance of works or the identity of vendors. Rigorous analysis at this level is crucial to avoid any involvement in fraudulent or illegal activities.
3. Analyze your buyers' risks
The next step is to analyze the risks associated with your buying customers. For every customer making purchases over €10,000, whether in a single transaction or cumulatively, you need to compile a risk assessment file. This ensures that your transactions are secure and comply with current regulations.
4. Assess overall transaction risk
Finally, assess the overall risk of your transactions. This involves detecting risk elements in the transactions themselves, to ensure that all transactions are secure and compliant with current legislation.
All these steps can be carried out on our platform, Eunomart. By consulting the dedicated sections on the left of your screen, you'll find all the tools and resources you need to complete each of these steps in an efficient and methodical way.
We're well aware of the amount of work involved. However, by taking one step at a time, you'll be on your way to full compliance.
Please do not hesitate to contact us if you have any questions or require further assistance.