The budget for the International Corruption Unit (ICU) has been cut by 13.5% this year. Experts are claiming that this budget will be wildly insufficient in fighting the presence of kleptocratic Russian money in the UK.
Economic crime accounts for 40% of all crime but now only 1% of crime fighting budget, which is being questioned by commentators.
The Foreign Office has declined to offer an explanation for these cuts and for this faltering system.
Read more at thetimes.co.uk
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The Mekong Club is one of the first not-for-profit organizations of its kind in Asia to use a ‘business-to-business’ approach to fight slavery. Bridging the gap between the public and private sectors, the Mekong Club helps companies of all sizes to understand the complexities of human trafficking and to reduce their vulnerability within their supply chains/business environment. Together with business partners, the Mekong Club is spearheading innovative and strategic projects to achieve a slave-free world.
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ethiXbase helps Mitsubishi Electric US, Inc., one of the largest electronics companies in the world, to centralise and automate its third-party risk management process, in order to achieve greater efficiency and effectiveness.
From manual to automated, ethiXbase has transformed New Forests’ third-party risk and due diligence processes. As a result, it is now able to make better, more informed decisions about its third-parties as it grows – avoiding financial and reputational risk.
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Operational risks to supply chains have been growing over the last several years – compounded by the ongoing impact from COVID-19. Organisations need a new approach to manage ESG risk and build supply chain resilience.
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Operational risks to supply chains have been growing over the last several years – compounded by the ongoing impact from COVID-19. Organisations need a new approach to manage ESG risk and build supply chain resilience.
By clicking GET IN TOUCH, you agree to our Privacy Policy, and consent to receive other communications from ethiXbase.
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