Mar 23, 2023
Many firms are still carrying out paper-based identification and verification of clients during the onboarding process. But is this the most efficient method?
In this episode, we are joined by Thirdfort’s AML Services Manager Harriet Holmes, Compliance Office’s Managing Director Andy Donovan and VinciWorks’...
Mar 20, 2023
In this episode, Nick Henderson and Naomi Grossman examine a compliance case that rocked the world of Credit Suisse, the venerated global investment bank and a crown jewel of Switzerland. It seems that Credit Suisse has been lurching from one scandal to the next, much of it due to their lack of serious...
Feb 27, 2023
Under UK law, a corporation can face criminal prosecution if it fails to prevent certain actions from being undertaken by its employees or contractors.
The UK government have recently announced they are pushing ahead with a game-changing new regulation to expand the ‘failure to prevent’ family of offences to fraud....
Feb 20, 2023
In November 2022 HMRC released the summary of responses from
their consultation on the UK’s Mandatory Disclosure Rules
The consultation clarified that:
1. The historic lookback period will go back to 25th June 2018 (and not 29th October 2014 as originally stated).
2. Reporting will be via XML only.
Jan 26, 2023
In a rapidly changing economy, companies are ever more reliant on a well-functioning supply chain to get things done. From outsourcing payroll to launching a new product, supply chain management has never been more crucial. Examining the risks posed by new suppliers is equally vital. A worrying incident can have...