October 17th marks the International Day for the Eradication of Poverty and should be seen as a global call for action to intensify our shared efforts to fight poverty.

As banks take a blanket approach to avoiding ‘high risk’ customers including money transmitters, non-profit organisations and financial technology companies, the FCA has warned that risk should be managed rather than avoided.

There has been much comment on corporate governance over the last few months following the publication of the Financial Reporting Council’s UK Corporate Governance Code (‘the Code’). It is important to remember that the directors of both public and private companies are subject to the same duties contained in the Companies Act 2006 (’the Act’). There is no distinction between different types or size of company.

Understanding the macro-environmental factors that companies have to take into consideration when conducting analysis or market research.

As a result of increased pressure to enhance control of supplier relationships, procurement executives are beating the drum for their organisations to improve their supplier management efforts. However, the drum beat is not isolated to procurement, but is also coming from several other areas in the organisation such as finance, supply chain, manufacturing, social collaboration and the sustainability office. But does each department understand who they are working with and why?

On Monday 30th November the Serious Fraud Office (SFO) announced the first successful application of a Deferred Prosecution Agreement (DPA), which was reviewed and approved by Lord Justice Leveson at Southwark Crown Court, sitting at the Royal Courts of Justice.

The Financial Conduct Authority (FCA) published updated regulations governing the accountability of Money Laundering Reporting Officers (MLROs) earlier this year. While much of the attention of the new regime focused on the effect on UK banks, a substantial portion of the changes will have a significant impact upon foreign financial institutions operating in Britain.

The conviction in August of Chrisopher Finazzo the former Executive Vice President and Chief Merchandising Officer at Aéropostale Inc. will lead most fashion and retail businesses to review their purchasing policies and procedures.

The digital currency industry is coming under increasing scrutiny due to gaps in anti-money laundering regulations. The growth of currencies such as Bitcoin has revealed the implications of having limited regulations or screening with many cryptocurrencies being used anonymously online for illegitimate trade.

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.

Food manufacturers warned to take the threat of bribery more seriously, as new figures suggest a third of food firms have no protection in place against such illegal practices.

In increasingly challenging market conditions, can businesses continue to deliver on both growth and profit, while remaining compliant and in line with ethical business practices? EY’s recent Fraud Survey looks at whether strong compliance programs and ethical conduct can in fact aid revenue growth not inhibit it.

Counterfeit medicine is killing thousands, possibly tens of thousands, of people every year. Every drug – from antibiotics to anti-malaria medicine, from painkillers to vaccines – is falsified by unscrupulous criminals. Even Viagra is regularly counterfeited.

In December 2014, the UK Government published its anti-corruption plan, setting out the government's approach to minimising public and private sector corruption risk. The plan intends to bring more coherence to governmental efforts and ensure that future activity to tackle corruption is joined up and collaborative.

The pharmaceutical industry has been impacted by globalisation more than most. Where there was traditionally a significant difference between the levels of healthcare and wellbeing between the developed and developing worlds, there has been rapid and complex change.

The arrest by of FIFA officials for charges relating to bribery, corruption and money laundering highlights the long arm of US Law. In this blog we look at how global enforcement agencies are tackling bribery and corruption wherever it may occur, and not just on home turf.

Enforced subject access requests are commonly used by recruiters to expose details of any criminal convictions held by the candidate. Not anymore.

After several high profile investigations in recent years highlighted what many claim is endemic corruption within the defence sector the UN’s Arms Trade Treaty (ATT) has been instrumental in ensuring compliance.

Investors and consumers are rewarding companies for their CSR initiatives, but what happens when a director falls short on fiduciary duties? Read more about personal liability and the UK Modern Slavery Act.