With enforcement of the Lieferkettengesetz German Supply Chain Due Diligence Act (Act) fast approaching, impacted organisations are assessing their current systems and processes for supply chain due diligence to ensure their compliance with the Act.
It has been ten years since the Serious Fraud Office (SFO) launched the UK Bribery Act 2010. By analysing its successes and its failures over the last decade, we can prepare for its legal evolution
ebook A Guide To Holistic Third-Party Risk Assessment While much of the world came to a stop in the face of the COVID-19 crisis, one thing that did not was corruption on a global scale.
Two investigators tho were jailed following a bribery case involving GlaxoSmithKline have managed to settle in the United States. The investigators were allegedly approached by GlaxoSmithKline in China to investigate a whistleblower named Vivian Shi,
The methods, processes, and global context of risk assessment and management have evolved significantly in recent years. With the rise in corporate social responsibility and rapidly changing regulatory requirements, organisations have a lot to keep
Between the climate crisis, political tension, and other rising threats, the era of cascading risk is here to stay. In fact, nearly 90% surveyed about global risk perception anticipate negative scenarios over the next three
Within the last decade, governing agencies have cracked down on implementing and enforcing anti-bribery and corruption regulations, especially as they affect the progression of sustainability initiatives. Specifically, the UN’s 2030 Agenda for Sustainable Development and
With the landscape in Europe rapidly evolving, the time is now for organisations to ensure that their sanctions screening engine is accurate, reliable and robust. With the environment constantly changing, it’s crucial to identify any
Author: Leas Bachatene Trying to identify the Ultimate Beneficial Owner (or UBO) of a third party can be challenging. Of course, knowing the identity of “The natural person(s) who ultimately owns or controls a customer
Executive Summary: In traditional third-party risk management, organisations create extensive questionnaires to be completed manually. How can a smart technology solution relieve this burden? Introducing modern technologies and programming into the due diligence process improves
Corporate compliance departments aren’t exactly deemed “new” anymore, yet many of them are still experiencing growing pains — and understandably. On top of international regulations constantly evolving, and recent increased enforcement, many corporations still see
Author: Kevin Spiers: Head of Professional Services | ethiXbase The benefits of using technology to manage third-party risk are not lost on compliance professionals. When you consider the growing size, complexity and geographic diversity of
