Weighing risk and opportunity in Latin America
Posted on 01-16-2019 by Lisa Thompson

Despite recent Foreign Corrupt Practices Act (FCPA) enforcement actions, there are signs of more positive engagement with governance and compliance in Latin America. Emerging markets offer attractive opportunities for investors, but businesses aiming to capitalize will need to prioritize robust due diligence... Read More

3 Business Resolutions that Reduce Risk Exposure
Posted on 12-21-2018 by Lisa Thompson

January may be hot or cold, rainy or snowy—it just depends on where you live. But whether you sport a windbreaker or a parka when you head back to work after the holiday season, January is the same everywhere when it comes to making resolutions. It marks a new year and a clean slate—which... Read More

The Foreign Corrupt Practices Act—2018 review
Posted on 12-20-2018 by Lisa Thompson

2018 has been a record year of penalties issued for breaches of the Foreign Corrupt Practices Act (FCPA). Settlements totaling more than $2.96 billion were agreed by corporations found to be in breach of the Act. The year saw further indications of the FCPA’s global reach, witnessed the first judgments... Read More

How forced labor impacts the global labor market
Posted on 12-18-2018 by Lisa Thompson

Migration is a recurrent theme in human history. Whether seeking to escape violence, natural disasters or poverty, migrants express their determination for better lives through migration. On International Migrants Day, we look at a particular risk that migrants face—forced labor. The issue is more... Read More

Are the holidays sustainable?
Posted on 12-12-2018 by Lisa Thompson

Many organizations use Environmental, Social & Governance (ESG) standards or engage in Corporate Social Responsibility (CSR) programs to support sustainable business practices and mitigate third-party risk . But what about on the home-front? ‘Tis the season of celebration, but the glittery... Read More

Scoping out supply chain risk with technology
Posted on 11-12-2018 by Lisa Thompson

Without question, companies’ global supply chains and third-party networks increase their risk exposure. Yet, according to a recently-released benchmark report , approximately one-third of organizations lack a cohesive risk mitigation process —relying instead on a manual process or traditional... Read More

Know Your Vendors: Risks of Modern Slavery Demand Due Diligence
Posted on 02-24-2016 by Ulyana Androsova

The passage of the UK Modern Slavery Act last October means that a large number of companies must now attest to the risk mitigation processes used to keep forced labor out of their supply chains. The annual Slavery and Human Trafficking Statement is required of any company or subsidiary that operates... Read More

Is Your Due-Diligence Process on Automatic Pilot?
Posted on 02-24-2016 by Ulyana Androsova

Cruise control comes in handy, especially when you’re hitting the road for an extended trip—for business or pleasure. Yet, as much as you appreciate the ability maintain a consistent speed on a straight-away, you still have to remain alert to your surroundings—the weather, the traffic... Read More

Why Mapping Out a Due-Diligence Process is Critical for Financial Services Companies
Posted on 02-10-2016 by Ulyana Androsova

On November 3, 2015, the Department of Justice (DOJ) announced the hiring of Hui Chen as a full-time compliance expert for its Fraud Section. Chen previously served as the Global Head for Anti-Bribery and Corruption at Standard Chartered Bank, implementing proactive compliance reviews and stronger compliance... Read More