Risk Assessment

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.

The road to FATCA and the Fourth EU Directive– Customer Due Diligence requirements revisited

Financial institutions are faced with the challenge of aligning their existing Know Your Customer (KYC) due diligence processes to meet FATCA requirements. This article outlines the background and international discussions regarding tax evasion and the ongoing debate to curtail it, and seeks to touch upon the impact it will have in dealing with should be: high-risk clients in regions, which are considered high risk for tax evasion.

Reinforcing Integrity Risk Management – “Customer Due Diligence” Requirements Reworked

One of Risk Management’s most important cogwheels, for the purpose of investigating and detecting a wide range of reputational risks and economic crimes, is the due diligence process.  As described in former articles published on Global Risk Affairs, due diligence requirements are largely anchored in legislation dealing with the prevention of money laundering, fraud, corruption…

Dispute with Iran: A Strategic Risk Assessment Tool for the Nuclear Talks

What are the chances of success and what are the factors of risk in the new round of talks between the Iranian government and the permanent members of the UN Security Council plus Germany (“P5+1”) about Iran’s disputed nuclear programmed? These questions will draw much attention by political decision-makers and business executives and students of…

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…

Inside Political Risks: Political Stability Bias vs. Regime Type Analysis

One major lesson learnt by business investors engaging in foreign countries in the light of regime change events in 2011 is that the conventional concept of political stability may be overvalued. In contrast, it is the actual diversity of regime types which should receive the appropriate appreciation when assessing political risks. The concept of regime…