Compliance & Risk Management

The new age of analytics, part 1: are you ready?

Analytics tools are at the forefront of fintech innovation — whether it be for improving compliance or enhancing workflows. Our whitepaper series ‘The New Age of Analytics’ looks at developments. The benefits of analytics tools are clear, but what does the future look like and how can you leverage data visualization and analytics to grow

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Smoke from the Silver Fire rises over wind turbines near the community of Cabazon Photographer: David McNew

PCI Security Standards Council faces evolving challenges

September marks 10 years since the major payment card companies established the Payment Card Industry Security Standards Council (PCI SSC) in an effort to help merchants utilize the Payment Card Industry Data Security Standards (PCI DSS) to keep payment card data secure. Since then, threats to payment card information have

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Image by © Nossa Productions/Corbis Image by © Nossa Productions/Corbis

U.S. regulators tackle money laundering in the luxury home market

Seventy-eight percent of real estate transactions in the U.S. must comply with the Bank Secrecy Act’s (BSA) strict anti-money laundering (AML) requirements. The remaining 22%, however, are primarily “all-cash” deals in which real estate professionals are under no legal obligation to monitor, identify and evaluate transactions in real time or

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REUTERS/Charles Platiau REUTERS/Charles Platiau

Restaurant chain to pay former employee for pregnancy discrimination

A U.S. fast food restaurant chain will pay $550,000 to a former employee for pregnancy discrimination. The damages were awarded on August 4th by a Washington, D.C., District Court jury, after its determination that the ex-employee was discriminated against, and eventually fired, due to her being pregnant. Unfair treatment by

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REUTERS/John Kolesidis REUTERS/John Kolesidis

Personal liability for compliance failures extends beyond financial sector

In September 2015, the U.S. Department of Justice’s (DOJ) “Yates Memo” set off a wave of angst among corporate officers with its policy of enhanced targeting of individuals in corporate criminal or civil investigations. As a result, individual executives, lawyers and compliance professionals now face both civil and criminal liability

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REUTERS/Yuya Shino REUTERS/Yuya Shino

Mind the gap: internal audit quiz reveals areas of concern

Internal audit teams must provide ever more value and insight, but many are doing so with limited technology and the most basic frameworks. As senior managers and board members demand additional focus in areas such as risk culture and regulatory compliance, the workloads of internal audit teams are increasing — often with

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Louisville Metro Police block Highway 22 after the road collapsed in Louisville Photographer: John Sommers II

Oil on the move: what vessel tracking tells us

From the growth of China’s ‘teapot’ refiners to the resumption of U.S. crude exports, vessel tracking is providing much faster insight into the latest trends in global oil flows.  Oil flow data comes in many forms, but vessel tracking is the most significant of them for helping organizations identify risk hotspots and emerging trends. This powerful tool

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Photographer: Stringer Photographer: Stringer

Meeting the due diligence needs of AIM Nomads

The London Alternative Investment Market (AIM) turned 21 years old in June. We look at the due diligence challenges faced by the market’s Nominated Advisors (Nomads) as the AIM comes of age. Powering the companies of tomorrow, the London Stock Exchange’s Alternative Investment Market is the most successful growth market in

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A worker shelters from the rain as he passes the London Stock Exchange in the City of London Photographer: Toby Melville