The FATF (Financial Action Task Force) attended a recent meeting in Paris to outline the standards of legal, regulatory and operational measures for combating money laundering and terrorist financing. Find out how companies should consider increasing the level of their due diligence efforts to mitigate these risks.
Only last week the largest criminal fine in a US sanctions case took place; Chinese technology company ZTE is set to pay up to $1.2 billion for violating US laws against selling American technology to Iran. In this article we highlight 5 key learnings from the sanctions fine.
Money laundering was almost four times more likely to happen in 2016 compared to 2015, according to the Kroll Risk Report. UK Companies are so worried about the varying levels of risk of fraud posed by different countries that many of them will not do business in a high-risk country.
This Wednesday, 8th March, will be International Women's Day, a global day celebrating the social, economic, cultural and political achievements of women. This year's theme is "Be bold for change"; to call on people to help forge a better working world - a more gender inclusive world.
How do we prevent competitions from being manipulated and protect clean sport? Last week the Governments and Olympic sports officials met at the International Forum for Sports Integrity to discuss the major corruption problems in sport today.
How are PR professionals able to balance today’s media relations given the fast pace and spread of fake news? Whilst it's damaging reputations and leading to a loss of trust, it's time to step up and seize the opportunities for your company.
28 February 2017 - Posted by in Procurement And Supply Chain
Why are financial services, healthcare and other organisations so reluctant to take advantage of cloud technology? Find out more in our new eBook on understanding regulator expectations for outsourcing to the cloud.
This week, LexisNexis reviews The United Nations Guiding Principles on Business and Human Rights. We’re looking deeper into a case study with Nestle to show the importance of ongoing due diligence and monitoring.
As of June 2017, all member states will have to prove that their gambling sector is at low risk of laundering before being exempt. In advance of the Fourth AML Directive, all casinos will have to adhere to their employer's rules on procedures around customer due diligence.
Last Friday, head of the Samsung Group, Lee Jae-yong was arrested on suspicion of bribery, embezzlement, perjury, moving assets abroad illegally and concealing evidence of criminal profit. This article highlights five anti-bribery and corruption learnings.