Due Diligence Management Platform

**尽职调查管理平台**DoubleHelix&iov42将合作创建一个新的数字平台，使英国公司能够遵守英国《2021年环境法》的尽职调查要求，特别是该法案中与“在商业活动中使用森林风险商品”相关的第17条。类似的立法将适用于拟议的欧盟森林砍伐法规下的欧洲公司(见[https://www.europarl.europa.eu/RegData/etudes/BRIE/2022/698925/EPRS\_BRI(2022)698925\_EN.pdf][0])，和美国公司根据拟议的美国森林法。据估计，在全球范围内，受现有或即将出台的监管规定约束的农业大宗商品行业每年价值2500亿美元。新监管规定将彻底改变机构开展尽职调查和风险管理的方式。虽然它得到了英国政府的好评(对同等的欧盟立法也有类似的回应)，但它为受影响的组织增加了额外的步骤和成本。我们将共同设计、开发、测试(并计划推出)符合环境法附表17要求的数字“尽职调查管理平台”解决方案，包括：**识别和获取有关森林风险商品的信息**的系统(尽职调查)**评估与这些商品有关的当地法律未得到遵守的风险*(通过额外的核查措施)**降低风险**(通过额外的核查措施)分布式分类账技术和核查过程的创新性质是完全独特的。对于必须遵守即将出台的法规的组织以及那些提供风险评估工具的组织来说，这将是商业游戏规则的改变。我们相信DLT是至关重要的，因为需要分散和保护多方的商业敏感数据，并扩展到我们预计组织将需要处理的潜在数据量，以遵守监管要求。这项倡议将是高度合作的，从而：**DoubleHelix**带来对英国监管、尽职调查要求和相关市场机会的了解，以及东南亚相关商品供应链的专业知识和网络。其中许多供应商公司的总部设在新加坡。**iov42**将提供技术诀窍和软件开发，建立在其技术原有的可追溯性/尽职调查功能的基础上；在公共、私人和第三部门的复杂项目管理方面的相关经验。[0]：https://www.europarl.europa.eu/RegData/etudes/BRIE/2022/698925/EPRS_BRI(2022)698925_EN.pdf

**Due Diligence Management Platform**DoubleHelix & iov42 will collaborate to create a novel digital platform to enable UK companies to comply with Due Diligence requirements of the UK Environment Act 2021, and specifically Section 17 of the Act relating to the "Use of Forest Risk Commodities in Commercial Activity".Similar legislation will apply to European companies under the proposed EU Deforestation Regulation (see [https://www.europarl.europa.eu/RegData/etudes/BRIE/2022/698925/EPRS\_BRI(2022)698925\_EN.pdf][0]), and American companies under the proposed US Forest Act. Globally it is estimated that the agri-commodities sector subject to existing or upcoming regulation is worth $250bn annually.The new regulation will completely change the way organisations conduct due diligence and risk management. Whilst it has been very well received from the UK Government (and there has been a similar response to the equivalent EU legislation), it creates additional steps and costs for impacted organisations. Together, we will design, develop, test (and build plans to launch) a digital "Due Diligence Management Platform" solution which meets the requirements of the Environment Act Schedule 17, including:* A system for **identifying and obtaining information** about forest-risk commodities (due diligence)* **Assessing the risk** that local laws were not complied with in relation to those commodities* **Mitigating that risk** (through additional verification measures)The innovative nature of Distributed Ledger Technology and verification processes is entirely unique. It will be commercially game changing for organisations having to comply with incoming regulation, as well as for those providing risk assessment tools. We believe DLT is critical given the need to decentralise and secure commercially sensitive data across multiple parties, and to scale to the potential volumes of data that we expect organisations will need to handle to comply with regulatory requirements.The initiative will be highly collaborative whereby:**DoubleHelix** brings an understanding of the UK regulation, due diligence requirements and associated market opportunities and; expertise and network in relevant commodity supply chains in S. E. Asia. of which many supplier companies are headquartered in Singapore.**iov42** will provide the technical know-how and software development, building upon their technology's pre-existing traceability/due diligence functionality; associated experience of complex project management in the public, private and third sector.[0]: https://www.europarl.europa.eu/RegData/etudes/BRIE/2022/698925/EPRS_BRI(2022)698925_EN.pdf