Iguality implements a structured and consistent process to screen all individuals and entities prior to engagement and to monitor ongoing relationships. This ensures compliance with legal requirements, donor expectations, and ethical standards.
Initial Screening
Before any engagement, all potential partners, suppliers, contractors, donors, funders, volunteers, and staff are screened using the sources described in Section 5.
The process includes:
- Sanctions and regulatory check: Verify the individual or entity against international and Spanish sanctions lists.
- Ethical and reputational review: Examine publicly available information, including media reports, official websites, and financial disclosures, to identify potential ethical or reputational concerns.
- Τεκμηρίωση: Record all findings in Iguality’s secure system, including any notes, assessments, and references consulted.
Ongoing Monitoring
Iguality maintains continuous oversight of all active relationships to ensure that previously screened entities remain compliant.
This includes:
- Periodic verification against updated sanctions lists and public information.
- Annual review of all active engagements by the Board of Directors, with the Fundraising Manager and Director reporting on any changes in status.
- Identification of any new risks that may arise due to organizational changes, regulatory updates, or public reports.
High-Risk Engagements
If an engagement is classified as high-risk—for example, due to a potential sanctions match, large funding amounts, or elevated reputational exposure—the following steps are taken:
- Escalation: Notify the Director and President immediately for review.
- Enhanced due diligence: Conduct additional investigation, including direct inquiries and verification with reliable sources.
- Board review: For high-value or sensitive cases, the Board evaluates the findings and approves or rejects engagement.
This structured approach ensures that Iguality consistently mitigates legal, financial, and reputational risks, maintains transparency, and operates in alignment with its mission and ethical principles.