Sign up

Have some pie!

UK: BSA launches due diligence on recruitment

The UK Boarding Schools’ Association has launched a due diligence service aimed at better supervising the recruitment process of international students.

Photo: pexels

The BSA/Verisio Due Diligence Service will allow educational institutions to know who they are engaging in a relationship with

In partnership with consulting and transparency firm Verisio, BSA will expand it services related to compliance requirements that it already provides to member and affiliated schools.

The agreement, with the consulting firm that specialises in reviewing supply-chain and business processes trying to detect any possible breach of rules, will help British boarding schools ensure admissions is in compliance with national and international legislative frameworks.

The BSA/Verisio Due Diligence Service will allow schools to “know who they are engaging in a relationship with, whether it is an agent, parent, donor or business partner,” Kate Hollyer, director of legal and public affairs at the BSA Group, told The PIE News.

“Based on the information that the BSA/Verisio report will provide, the educational institution can decide whether or not to pursue that relationship.

“This in turn demonstrates to the National Crime Agency and UKVI that the educational institution has a robust due diligence strategy regarding student recruitment,” she explained further.

Schools must carefully examine the sources of funding from international clients in order to detect that money has been obtained legitimately.

“Schools may inadvertently breach sanctions regulations”

In a statement released to announce the launch of the collaboration, BSA remarked that the recruitment of international students is beneficial to the British school sector as a whole.

It does, however, entail risks which should be “appropriately considered and mitigated through the admissions process”.

“It is possible that schools may inadvertently breach sanctions regulations and become exposed to significant reputational risks where the source of international funds is not being adequately reviewed,” the organisation said.

“Student sponsor schools also have a duty to ensure they are recruiting genuine international students, mitigating against the risk of exploitation and trafficking,” it added.

The service will also check global sanctions and political exposure in regards to the source of funds, as well as perform accurate checks on high-risk jurisdictions and provide final commentaries on the source of wealth.

Related articles

Still looking? Find by category:

Add your comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer: All user contributions posted on this site are those of the user ONLY and NOT those of The PIE Ltd or its associated trademarks, websites and services. The PIE Ltd does not necessarily endorse, support, sanction, encourage, verify or agree with any comments, opinions or statements or other content provided by users.
PIENEWS

To receive The PIE Weekly with our top stories and insights, and other updates from us, please

SIGN UP HERE