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Due diligence · Monaco

Organise the evidence. Keep judgement with the professional.

Four states with different meanings

Diagram of a proposed workflow to build and verify. It does not represent a client case or an operating production service.

  1. Declaration

    What the client states

  2. Documents received

    What has been added to the file

  3. Professional examination

    What has been checked and questioned

  4. Reasoned decision

    What an authorised person decides

A due diligence file is more than a sequence of completed boxes. It brings together declarations, documents, examinations and decisions whose context needs to remain understandable. Vedetta is the product Blaze is developing to support that work in Monaco. This presentation explains its intended scope and workflows. Public self-service registration and the business functions are still being built; the page should not be read as an invitation to upload a live client file.

Cover the professions without flattening their needs

Launch scope includes all professions subject to vigilance obligations in Monaco, together with professional teams, responsible officers and clients contributing to a case. Profession-specific templates must be built around shared journeys. A sector page on the Blaze website illustrates one set of needs; it does not narrow the product audience to that sector or define an exhaustive legal classification.

Determining whether a particular activity is covered, which evidence is required and what rules apply needs verified sources and professional judgement. A service page does not establish a threshold, retention period or legal conclusion. The product should make a rule's provenance accessible and distinguish a validated requirement from an unresolved question. A template should support that examination rather than conceal uncertainty behind a mandatory field.

Separate receipt, examination and decision

The planned journey begins with an organisation and its members, then a relationship to examine. Clients should be able to contribute through access limited to the relevant case. Professionals need to distinguish information declared, documents received and facts actually reviewed. Uploading a file must not automatically mean that its contents are verified, the case is complete or the relationship has been accepted.

The intended functions include documentary collection, examination of screening matches, reasoned risk assessment and reviews. A screening result needs the context of its source and version. A possible match calls for examination; the absence of a match does not guarantee anything about a person or relationship. Source coverage, update handling and behaviour during interruptions require verification before real operation.

Keep responsibility visible in the interface

Authorised people retain decisions. Rule or AI suggestions should be understandable, challengeable and correctable, with a recorded justification in the system to be built. The interface must not convert a score into a verdict or display a badge implying achieved compliance. A well-organised file may make the work easier to examine, but it does not replace the organisation's responsibilities or professional judgement.

The planned banking extension covers source of wealth, source of funds and prior approval workflows. It must distinguish declarations, supporting material, analysis and decisions, with clear responsibilities for the teams involved. That scope implies neither automatic acceptance by a bank nor endorsement by an authority. It is a development requirement, not a statement that the corresponding modules are already operating.

Establish production readiness with evidence

Before a due-diligence workspace receives real cases, its operating plan must cover access, document storage, backups and recovery. A reviewer needs to know where evidence is held and who can help restore it after an incident. Supporting services, including document processing and technical logs, belong in that account too. Vedetta remains in development; the current demonstration lets professionals examine the proposed journeys with fictional information while those operational capabilities are being built.

Current demonstrations use synthetic information. Hosting in Monaco does not itself authorise sending documents to an AI model, OCR provider or support processor. Encryption and preparation for quantum-related risks are production requirements to assess, not completed protections claimed by this page. The available concept explains a direction; it is not a client reference, a legal assessment or a production security certification.

Examine the scope

In-house concept · synthetic information

In-house Vedetta concept

An in-house concept illustrated with synthetic information. It is not a client reference or an available production product.

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Questions and answers

Which professions does the planned product address?
The audience includes all professions concerned by vigilance obligations in Monaco. Whether a particular activity is covered must be established from applicable texts and competent professional advice. Blaze's sector pages illustrate workflows and do not constitute an exhaustive or authoritative legal list.
Will Vedetta replace a compliance officer?
No. It is being designed to organise work and support examination. Authorised officers keep decisions, reasons and exceptions. The product remains in development, so these principles should also be distinguished from functions that have already been implemented and independently verified.
Is production screening available through this presentation?
No production screening is promised here. The scope envisages identified sources, dated versions, explainable candidate matches and human examination. Coverage, updates and recovery during source outages need validation before real use; a concept screen cannot demonstrate that operational capability.
Where will real due diligence information be hosted?
Monaco Telecom is the chosen production destination, with complete readiness still to be verified. Permissions, copies, backups and additional processors require separate examination. Current previews remain synthetic, and this page does not authorise the submission of real client records.

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Define the right scope

A workflow, its users and the information they need: a concrete starting point for a project.

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