Tue, Apr 7, 2020

Country-specific COVID-19 Business Impact Snapshot - Now Available

Kroll’s COVID-19 Business Impact Snapshot equips organizations with information needed to make informed decisions related to COVID-19’s impact on their employees, operations, business interests and supply chain partners. This Snapshot provides a high-level overview of the business environment at the time of production. Given any assessment of the pandemic is subject to constant change, Kroll can refresh this snapshot periodically with up-to-date information. In addition, a more in-depth and bespoke analysis can be prepared upon request.

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Understanding the Jurisdictional Risk of COVID-19

The COVID-19 pandemic is causing major, unanticipated disruptions to business operations and supply chains around the globe. The effects are dynamic and rapidly evolving, complicating an organization’s efforts to understand the current impacts on any given jurisdiction. The flood of information online, sometimes incorrect, adds an additional layer of confusion to a company’s attempt to ensure business continuity.

Considering this unprecedented challenge, it is imperative that companies sufficiently understand the situation on the ground where they operate, have business interests or rely upon key third parties as part of their supply chain network. Critical information includes knowledge of local government responses, relevant travel and trade restrictions and economic impacts.

Our COVID-19 Business Impact Snapshot helps firms understand the impacts on the business environment in a given jurisdiction so that they can make informed business decisions on how to respond. Each report draws from a variety of English and local language sources, such as local and international media, government press releases, health administration reports, major think tanks and trade publications. A typical report consists of the following information:

  • Overview of COVID-19 in a specified jurisdiction
    • Number of cases/deaths 
    • Outbreak’s outlook 
    • Domestic spread information
    • Testing situation
  • Government responses
    • Enforced shutdowns of businesses/government services
    • Mandatory social distancing/quarantines/self-isolations
    • Movement/travel/trade restrictions
    • Enforced screening activities
    • Curfews 
    • Economic stimulus policies
  • Economic and business impacts
    • GDP implications
    • Exports/imports
    • Key business sectors
    • Cost of capital assessment
    • Financial market situation
    • Unemployment and bankruptcy situation

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