In order to clarify some aspects surrounding due diligence, I decided to write down some of the most dangerous situation one may encounter in his business life. The list below refers to third parties. Introduced by a public official as it may represent an indirect bribe, Seems not to have sufficient staff and/or means to … Continue reading Anti-Corruption, Here When You Should Start Worrying
“Due Diligence results are not what we were hoping for. What should we do?” I have heard this question many many times as anti-corruption due diligence is getting extremely important these days. Answering is not an easy task since there are countless cases and possibilities to take into account and must be assessed on case … Continue reading Addressing (Possible) Business Partners Past Misconducts
Due diligence, when done properly, can avoid many troubles, particularly when it comes to financial crime, anti-corruption and AML. For this reason, along with other colleagues, we thought to offer this service which will mainly focus on 3 areas: Anti-Corruption Due Diligence, Reputational damages, Personal Liability The type of training we are forecasting is very … Continue reading We Are Preparing Due Diligence Training
Unlike many other kind of wrongdoings, in financial crime illicit transactions have an appearance of legitimacy, making them harder to spot. Money launderers, for instance, in the attempt to disguise the provenance of such profits, make several transactions in the legitimate financial system. Recently, I outlined some of the most frequent situations AML officers face … Continue reading Will Artificial Intelligence Help Fighting Financial Crime?
After having extensively written on whistleblowing; Whistleblowing? Consider This… Having a Whistleblowing Hotline Can Protect Your Organization Many asked how to select a reliable, trustworthy provider. It’s not easy answering to such question as there are many serious businesses out there; you just need to find the one that satisfies your needs. One-fits-all solutions cannot be taken … Continue reading How to Choose a Whistleblower Service Provider?
Being a whistleblower is a tough decision, especially if your organization doesn’t want to listen and it is not interested in compliance (yes, it is still the case, sadly); you may be ostracized and being retaliated, therefore, it is a decision you need to take very carefully. If you decide to go this path, you should … Continue reading Whistleblowing? Consider This…