HSBC is recruiting 1,000 digital experts as it seeks to expand its use of big data. This significant investment shows that companies in the financial services are recognising the possibility for big data to transform the industry.
How can big data, artificial intelligence, blockchain and biometrics help your business manage risk? Find out in our report from the 2018 Risk Congress in Brussels.
Three quarters of the world’s biggest exporting countries are failing to punish corporations that pay bribes overseas, according to a new report from the NGO Transparency International. The report shows that there are vast differences in the level of risk of bribery and corruption in different countries.
Petrobras has reached a $1.78 billion settlement with the DOJ and SEC over bribes to politicians and political parties in Brazil. This is the first time an enforcement action over FCPA violations has exceeded a billion dollars. The amount is bigger than the nearest two settlements combined, and the case emphasises the importance of PEPs due diligence.
Société Générale will pay $1.3 billion to settle allegations of breaching U.S. sanctions. But banks aren’t the only organisations that face elevated compliance risk. Check out our blog on the high cost of sanctions violations.
The U.S. Corporate Enforcement Policy, which incentivises companies to self-disclose bribery and corruption when they come across it, now applies to U.S. companies which are merging with or acquiring foreign companies. That’s according to a recent speech by a senior official at the Department of Justice (DOJ). If M&A is in your future, do you have appropriate due diligence and risk monitoring processes in place?
When the International Association for the Measurement and Evaluation of Communication (AMEC) announced the launch of a global campaign to “eradicate” the use of Advertising Equivalency Value (AVE) as an acceptable metric in the PR industry, they blasted open a global debate that has been taking place for decades: How do we credibly measure the results of PR efforts?
As political fortunes wax and wane, sanctions regimes can change too. Find out more about the current sanctions climate and best practices for mitigating sanctions risk through duediligence and ongoing risk monitoring.
What does the regulatory landscape in the UK look like? We highlight the key compliance issues that organisations face in our latest blog.
Why are more companies adding Chief Compliance Officer to the C-suite roster? Read how corruption regulations are bringing more visibility to risk mitigation functions on our blog.