USA, Russia, EU, Europe, China and UAE are among many jurisdictions that have recently imposed economic sanctions on foreign companies and individuals, in response to alleged human rights violations, geopolitical tensions or breaches of international...
Financial crime regulations have changed rapidly in recent years–from Switzerland to Singapore, from Brazil to Bahrain. In this blog, we identify and summarize four major developments which are driving regulatory changes across the world to help...
Global companies have been fined hundreds of millions of dollars for alleged compliance breaches in the last year. Whether the allegations against them related to bribery and corruption or breaches of new human rights due diligence legislation, a recurring...
Many companies have deficiencies in their sanctions risk management and customer due diligence processes, according to a survey by the UK’s financial regulator. The EU has also published new expectations about companies’ third party due diligence...
The EU’s proposed new Directive would mandate large companies in the EU or doing business there to implement strict new due diligence obligations. The regulation is now close to being finalized, which would start the clock ticking for individual...
With the ever-growing focus on ESG and increased compliance legislation across the globe, it has become even more important for business to keep up with regulation to avoid costly sanctions. Even if your business is not violating the law directly, you...