Scandal engulfed one of India’s largest conglomerates at the end of January, when a report by a US-based short seller alleged massive corporate fraud. As well as sending shares in Adani Group companies tumbling and heightening fears of wider economic contagion, the report ignited a political scandal, with opposition parties highlighting Prime Minister Narendra Modi’s…
Tag Archive for corruption
Controversial German Anti-Money Laundering Law
Investigative Due Diligence: Achieving Responsible Business Conduct in Mineral Supply Chains
Cyprus—Becoming a geopolitical hub in Europe?
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”…
4th EU Money Laundering Directive – New challenges for companies
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.