Jun 5, 2023
The Solicitors Regulation Authority (SRA) has announced that its mandatory diversity survey will be due on 23 July 2023, with reporting open from 26 June. In this episode, VinciWorks' EDI expert Nick Henderson-Mayo speaks to Compliance Office's Director and Founder Andy Donovan to give firms guidance on what needs to...
May 25, 2023
The EU’s General Data Protection Regulation (GDPR) has now been in force for five years. During that time, fines have totalled close to €2.8 billion, with over €1 billion in fines coming in the past 12 months. The most recent fines show that both large and small businesses are subject to regulators’...
May 22, 2023
The UK ranks second highest among money laundering hot spots worldwide, with an estimated £88 billion laundered each year.
Financial institutions are responsible for catching the bad actors to prevent and stop money laundering. But unfortunately, it’s not always easy to identify who they are.
In this episode, we are...
May 15, 2023
This case involves the mining and commodities giant Glencore, which was fined £281m for using bribes to bolster its oil profits in five African countries. The company paid cash bribes to officials in the country’s national oil and gas companies.
Resources:
- Try our AML compliance training:
May 9, 2023
In this episode, we look at a case involving the US government's first-ever prosecution of a corporation for providing material support for terrorism. In this case, Lafarge and its subsidiary pled guilty to giving donations and “taxes” to ISIS and al-Nusrah Front (ANF), two of the world’s most notorious...