The UN Climate Change Conference in Cancun, Mexico, which was concluded on 10 December 2010, ended on a positive note. All parties, including industrialized and developing countries, agreed on the general objective of low-emissions policies in order to keep global temperature rise below two degree Celsius. Mitigation of global warming remains an important risk strategy.…
Business and Investment Regulations Worldwide
In order to promote the economic and social development of countries, improving their business environment for private entrepreneurs is key. The World Bank’s eight annual Doing Business report, which tracks relevant regulations in 183 economies, has become influential since governments are increasingly concerned about their rank and reputation in the global commercial arena. Given this…
The Four Pillars of Counter-Terrorism
By military means alone terrorism cannot be defeated. This rule, from which few exemptions exist on the national level, is fully evident in view of today’s prominent transnational terrorism spread by Islamist extremists. Therefore, counter-terrorism must pursue a comprehensive strategy that also includes psychological means in response to the mechanisms of fear triggered by indiscriminate…
Reputational Due Diligence – The key to strategic risk management
Reputational Due Diligence supports the strategic risk management of business ventures in international markets. As introduced in the following article, the combination of Integrity Due Diligence with Political Due Diligence enables an investor to gain a comprehensive assessment of possible reputational risks attached to a business partner. This concerns compliance and corporate governance issues in…
The Nexus between financial crime, money laundering and terrorist financing: The Raj Rajaratnam case
The East African Community (EAC): Managing the Risk of Crime
The Baltic States and the North Eastern European Criminal Hub
The Baltic States are located in what EUROPOL maps out as the North-East Criminal Hub. Given their geographical location, the Baltic States facilitate not only the illegal entry and distribution of goods and people within the EU, but also the making of financial crime committed through the region’s financial institutions.