Tag Archive for corruption

Europe’s upcoming Fourth AML/CFT Directive

In February 2013, the European Commission adopted two proposals: the Fourth AML Directive and a complementary regulation on what information must accompany fund transfers to ensure traceability. The European Parliament’s and European Council’s so-called “draft directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing”…

Whitepaper & Webcast – Risk Assessment and Prevention of Corruption

Companies are depending on the countries and the industries in which they operate, as well as working together with their business partners, to assess corruption risks. However, the best way to find out how their respective business processes can be affected by corrupt practices, is the implementation of a systematic risk assessment.

An integrated approach to business partners compliance

The importance of business partner compliance for companies and institutions has grown in recent years. It gained increased attention in the wake of the financial crisis, resulting in fresh legal aggravation, as companies and institutions are faced with increasing regulatory requirements.