Counterparty risk involves the potential for a counterparty to fail in fulfilling their obligations in an agreement or transaction. It also includes the risk of a third party acting illegally on Endaoment’s behalf without our knowledge or engaging in corrupt practices. This risk is categorized into two main areas: offchain and onchain. Offchain pertains to traditional transactions with brokerages, firms, or vendors, while onchain refers to transactions executed on a blockchain. Effective management of these risks is essential to maintain the integrity of our operations and the trust of our stakeholders.
Endaoment is committed to providing financial tools that ensure definitive settlement through the use of blockchain technology while adhering to all applicable anti-corruption statutes. We manage counterparty and anti-corruption risks through regular counterparty analysis and comprehensive code audits and reviews. Compliance with this policy is mandatory for all employees, contractors, board members, and representatives acting on behalf of Endaoment.
Due Diligence Procedures
Political Exposure Analysis
Ethical Guidelines
Financial Controls
Compliance Monitoring
Incident Reporting Mechanism
Counterparty risk involves the potential for a counterparty to fail in fulfilling their obligations in an agreement or transaction. It also includes the risk of a third party acting illegally on Endaoment’s behalf without our knowledge or engaging in corrupt practices. This risk is categorized into two main areas: offchain and onchain. Offchain pertains to traditional transactions with brokerages, firms, or vendors, while onchain refers to transactions executed on a blockchain. Effective management of these risks is essential to maintain the integrity of our operations and the trust of our stakeholders.
Endaoment is committed to providing financial tools that ensure definitive settlement through the use of blockchain technology while adhering to all applicable anti-corruption statutes. We manage counterparty and anti-corruption risks through regular counterparty analysis and comprehensive code audits and reviews. Compliance with this policy is mandatory for all employees, contractors, board members, and representatives acting on behalf of Endaoment.
Due Diligence Procedures
Political Exposure Analysis
Ethical Guidelines
Financial Controls
Compliance Monitoring
Incident Reporting Mechanism