Stark reminder of the costs of compliance failure as US regulator fines telecoms firm after alleged Deferred Prosecution Agreement breach
A multinational telecommunications company has pleaded guilty to breaching the anti-bribery provisions of the US Foreign Corrupt Practices Act and must pay a $206 million penalty. In this blog, we look at the judgement by the US Department of Justice, and highlight...
Why Managing Reputational Risk is Key to Your Business Success
Are you managing reputational risk as effectively as you should? Every year, the Axios Harris Poll 100 surveys 40,000+ Americans on companies on consumers’ radar—for good or for bad. Then, the Top 100 companies on the list are ranked across seven key dimensions...
The 6 Types of Datasets Critical to Your Due Diligence Investigations
If you're a decision-maker in a company, you know how much weight is put on making the right decision for your company. And, with increasing ESG regulation and consumer expectations of ethical practices, it is more important than ever that you take your initial...
ESG due diligence is no longer optional: shareholder activism accelerates as major banks face investor calls for climate action
ESG due diligence is no longer optional: shareholder activism accelerates as major banks face investor calls for climate action In the last month, some of the world’s biggest banks have faced votes from investors to improve their ESG and climate records. This...
The urgent challenge of understanding third party environmental impacts
New report shows the urgent challenge of understanding third party environmental impacts and the opportunity of effective due diligence Only 5% of the UK’s largest companies have published a ‘credible’ environmental plan that would comply with forthcoming regulations...
Stay Updated: Money Laundering Regulations Explained
What are the Money Laundering Regulations in the UK? Money laundering is a significant global issue that threatens the stability and integrity of financial systems. The UK has established comprehensive anti-money laundering ( AML ) regulations to combat this...
Examples of Money Laundering Techniques
Examples of Money Laundering Schemes Learn how to protect your organisation from common examples of money laundering as we explore the world of money laundering techniques , uncovering the many methods used by criminals to hide their illegal profits. From simple...
Mastering KYC Documentation: Essential Guide for Compliance
Required Components of KYC Documentation When dealing with many types of organisations, it is essential to comply with the Know Your Customer (KYC) requirements. KYC documentation consists of several documents that are used by businesses to verify their customers...
AML & KYC: Navigating Through the World of Financial Regulations
How are AML and KYC Related? When it comes to financial security, Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have become a key part of the global compliance landscape. But what exactly do these two financial safeguards mean? What’s the...
Unlocking Compliance Rules & Regulations for Businesses
Rules & Regulations of the Compliance Landscape: Best Practices in Compliance In today's increasingly regulated business environment, organisations have to stay ahead of the ever-growing compliance landscape. It is essential for businesses to ensure they are...
Inside UK's Financial Intelligence Unit: Safeguarding Economy
The UK’s Financial Intelligence Unit The UK Financial Intelligence Unit (UKFIU) is an essential organisation, offering vital intelligence about terrorist financing, money laundering and other activities that could impact businesses and other aspects of the finance...
Do the Values of Your Third Party Business Associates Align with Your ESG Commitments?
Environmental, social and governance (ESG) performance plays a critical role in how consumers, employees and investors are making business decisions. In fact, When Edelman released its 22 nd annual Trust Barometer this year, they found that 60% of employees and...
Disruption has become the new normal–supply chain intelligence from data and technology is the solution
Recent years have been characterised by supply chain disruption–from Covid-19 to the Suez blockage to the invasion of Ukraine. Moreover, companies who fail to identify and manage illegal or unethical activity in their supply chain face increasing regulatory, reputational...
Our Tips for meeting the Four Key Trends in Risk and Compliance in 2022
The landscape of risk and compliance is always changing. In the last few months alone, there have been developments in global regulations for anti-bribery and corruption and due diligence, and major enforcement actions against companies who have allegedly failed...
Our Tips for meeting the Four Key Trends in Risk and Compliance in 2022
The landscape of risk and compliance is always changing. In the last few months alone, there have been developments in global regulations for anti-bribery and corruption and due diligence, and major enforcement actions against companies who have allegedly failed...