The UK is to leave the European Union, after 51.9% of voters backed a Brexit in yesterday’s vote (23 June). This article will explore how the vote might affect the UK’s ability to detect and combat financial crime: anti-money laundering (AML), anti-bribery and corruption (ABC) and sanctions.
The vote on whether the UK should remain in the European Union is just days away on June 23, and the latest polls suggest the result is too close to call. Leaders in every sector are now being forced to consider the possible impacts of a Brexit on their field, and financial crime and compliance is no exception.
The doping scandal engulfing world athletics is starting to have serious commercial repercussions for the athletics governing body, the IAAF. The recent departure of two key sponsors demonstrates how seriously organisations take brand reputation in the social media age.