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…
Effective Due diligence has 2 key factors: Adaptability, It's performed on ongoing basis