Country Risks

Preparing for Leadership Succession – Political Risk Scenarios in Central Asia

Stakeholders active in countries ruled by autocratic leaders should acquire a thorough understanding of potential “succession dilemmas” in order to be prepared to respond to a variety of political risk scenarios which could affect their interests. This article explores why certain regime types are more exposed to succession risks and lines out the potential negative…

A Reality Check for Europe

The attention currently received by the European Union on a global scale is no longer based on a previously assumed attraction it portrayed as a role model for regional integration. Paradoxically, the Euro crisis may have been rooted in the attempt to establish a monetary union of economically diverse member states without also providing for…

India: Committed to combating money laundering

Due to India’s geopolitical position, the size of its economy, and recent serious terrorist attacks it has fallen victim to, AML and counter terrorism financing are taken seriously in the country.

A Downgrade of Confidence

Political risks know no vacation. August 2011 will be remembered as a month of misery, not simply because of the politically induced crash on the stock markets during the first two weeks, but also because of the spreading sensation of angst that the industrialized world might be facing a new economic recession. Put in a…

Central Asia – Part II AML/CTF Regimes

Central Asia remains a high risk region for terrorism financing and money-laundering, while looming terrorism threats make the need for cohesive AML and CTF policies all the more important.

Analyzing the Role of Politically Exposed Persons in Tender Projects

A major concern for a company getting engaged in a tender project in a foreign country is the opaque role that Politically Exposed Persons (PEPs) might play through the relationship between business and politics surrounding the project. This article builds on previous explorations of approaches to political risk research, and ties in with the recent…

The UK Bribery Act and the Call for Integrity Due Diligence

The United Kingdom Bribery Act 2010 that came into effect on July 1, 2011, marks a new development in extraterritorial jurisdiction in the context of the worldwide campaign against corruption. This article aims to explore, in how far foreign companies are affected by the Bribery Act and what they can do in order to avoid…

Breaking the Cycles of Violence

Organized violence, be it politically or criminally motivated, poses the most prominent risk to the socio-economic development of a country. Some 1.5 billion people worldwide are affected by violence, a disturbing number, revealed by the World Bank in “The World Development Report 2011: Conflict, Security, and Development”. The Report contains a major shift in focus…