Privium Group Risk Report
Explore Privium Group across six non‑financial risk dimensions:ESG, Workforce, News & Media, Cybersecurity, Legal & Regulatory, Operational. Unlock the full report, original sources and timelines, and enable continuous monitoring.
Summary
🛡️ Financial & Liquidity
Privium Group has faced significant financial challenges over the past few years, with multiple instances of severe financial distress. This has culminated in a voluntary administration and allegations of financial mismanagement. The company's collapse has left many stakeholders, including homebuyers and suppliers, in a difficult position.
- Privium entered voluntary administration 🗓 November 29, 2023, impacting numerous residential building projects.
- Court proceedings revealed 🗓 November 5, 2024, that $20 million disappeared before the company's collapse.
- On 🗓 November 15, 2023, liquidators sought a probe into Privium's $80 million collapse.
- The company was reported to have paid out millions to a Christian charity despite its failing finances 🗓 November 21, 2024.
⚖️ Legal & Regulatory
Privium Group is entangled in various legal challenges related to its financial collapse, including uncovered transactions and disputes over its payout practices. These legal issues have added to the complexity of resolving the company's financial downfall.
- Investigations revealed potentially questionable deals 🗓 December 16, 2021, during Privium’s financial collapse.
- It was reported 🗓 November 17, 2021, that the company’s shareholders received $22 million in dividends amid its financial troubles.
👥 Labor & Workforce
The company's decline led to significant workforce-related issues, impacting employees and subcontractors who found themselves out of work or unpaid. Efforts to manage these outcomes have been complicated by the ongoing financial and legal troubles.
- Privium's collapse 🗓 November 18, 2021, left hundreds of subcontractors out of pocket.
- CEO of the building group faced intense scrutiny 🗓 November 22, 2021, when the company’s downfall left families without homes.
🏗️ Operational & Business Continuity
The financial and legal issues surrounding Privium have inevitably disrupted its operations, leading to a complete halt in its building projects and a severe blow to its reputation.
- Privium shut down 150 projects nationwide 🗓 November 12, 2021, as the firm declared its financial incapability.
- The company’s failure affected over 2000 homebuyers 🗓 November 29, 2021, disrupting planned residential developments.
Profile
News & Media
Real‑time aggregation of trusted sources tracking company‑related events with sentiment and topic tags for rapid risk triage.
Sign up to unlock Privium Group’s complete news feed with sentiment and topic tags.
View Full ReportEntity List
Continuous third‑party screening across global sanctions, enforcement, and watchlist sources with unified entity resolution and real‑time alerts.
| Name | Issuer | Status |
|---|---|---|
| ACF List of War Enablers | Anti-Corruption Foundation | |
| African Development Bank Debarred Entities | African Development Bank Group | |
| Argentina Members of Parliament | Honorable Cámara de Diputados de la Nación Argentina | |
| Argentina RePET Sanctions | Ministerio de Justicia | |
| Armenia Public Officials and Associates | Hetq Online | |
| Asian Development Bank Sanctions | Asian Development Bank | |
| Australian Sanctions Consolidated List | Department of Foreign Affairs and Trade | |
| Democratic People's Republic Of Korea (North Korea) Sanctions Regime | Department of Foreign Affairs and Trade | |
| Former Federal Republic Of Yugoslavia Sanctions Regime | Department of Foreign Affairs and Trade | |
| Iran Sanctions Regime | Department of Foreign Affairs and Trade |
Sign up to unlock Privium Group’s sanctions, enforcement, and watchlist risk profile.
View Full ReportESG
Verification of declared ESG commitments and certifications with evidence links, score signals, and status updates across E, S, and G.
| Name | Status |
|---|---|
| Sustainable Finance Disclosure Regulation | |
| Global Reporting Initiative Standards | |
| EU Taxonomy Regulation | |
| EU Corporate Sustainability Reporting Directive | |
| California Transparency in Supply Chains Act | |
| EU Non-Financial Reporting Directive | |
| ISO 14001 | |
| Sustainability Accounting Standards Board Standards | |
| Task Force on Climate-related Financial Disclosures | |
| UN Guiding Principles on Business and Human Rights |
Sign up to unlock Privium Group’s ESG commitments, certifications, and controversy signals.
View Full ReportCybersecurity
Verification of adherence to recognized security standards, mapping control coverage and gaps affecting third‑party and supply‑chain risk.
| Certification | Status |
|---|---|
| General Data Protection Regulation | |
| Digital Operational Resilience Act | |
| Cybersecurity Maturity Model Certification | |
| NIST Cybersecurity Framework | |
| NIST 800-53 Revision 5 | |
| California Consumer Privacy Act | |
| ISO/IEC 27001 | |
| Health Insurance Portability and Accountability Act | |
| Payment Card Industry Data Security Standard | |
| Federal Information Security Modernization Act |
Sign up to unlock Privium Group’s security standards, control gaps, and exposure risks.
View Full ReportGet Privium Group's full Non-Financial Risk Report
By signing up, you agree to our Terms and Privacy Policy.