Deloitte Entity Search and Compliance (DESC) System – An internal system that, among other things, contains information regarding entities that are “restricted” for independence purposes. This information will assist you in determining whether or not acquiring or holding certain financial interests would create a potential independence issue.
Tracking & Trading System – An internal tool to help you monitor your compliance with independence requirements related to certain personal investments and financial relationships. You report the names of entities in which you, your spouse or spousal equivalent, and dependents have a financial interest. The system then monitors these entities against the restricted entity list and informs you if there is a potential exception or conflict.
Broker Data Import Program - A recent enhancement to the Tracking and Trading System that allows the professional to receive automatic downloads of their financial holdings from their authorized brokerage accounts. This minimizes much of the administrative nature of maintaining Tracking and Trading and ensures brokerage account transactions are recorded timely and completely.
Enrollment in BDIP, using only the approved, participating brokers, is mandatory for new client service professionals at the manager level and above and for directly admitted partners and principals.
For more information about this requirement, candidates should discuss the Broker Data Import Program with their recruiter. Learn more about a career with Deloitte.
Representation on Independence and Other Matters – A personal declaration or statement regarding the facts and circumstances associated with the various financial or other relationships you, your spouse or spousal equivalent, and certain family members may have that directly impact the ability of the Deloitte U.S. Firms to conduct business.
View online video now: Professionalism and You: A Commitment to Independence
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