Governance, Risk & Compliance Globalisation under siege: Culture, geopolitics, supply chains, and security 17 April 2023 The threats to globalisation can stem from various factors such as differing culture, geopolitics, international relations, and fear, says Mark Nuttall. Read more
Governance, Risk & Compliance Cost of Compliance 2022: Competing priorities 17 August 2022 Survey findings show the difficulties compliance officers are experiencing as they plan for the future. Read more
Governance, Risk & Compliance Compliance and Risk Management Matters: 6 Key Risks Facing Organisations 24 May 2022 Compliance and risk management professionals’ responsibilities are expanding. We look at the key compliance risks and how to safeguard your organisation. Read more
Governance, Risk & Compliance Westpac penalties top A$113 million over “widespread” compliance failures 18 May 2022 Westpac Banking Corporation has received an A$40 million penalty for charging advice fees to dead customers. Read more
Governance, Risk & Compliance UN Int’l Anti-Corruption Day: The challenge with enhanced due diligence is how it’s implemented 7 December 2021 No matter how perfectly crafted an organization’s policies, identifying when enhanced due diligence (EDD) is merited and how fine-tuned its procedures specifying how EDD will be conducted, workplace realities can impact who is undertaking the task and how backlogged their to-do list happens to be. Read more
Governance, Risk & Compliance Egmont helps FIUs and banks to detect extreme right financial flows, aims for best practice 19 November 2021 The increasingly transnational spread of extreme right-wing terrorism warrants more involvement from financial intelligence units Read more
Governance, Risk & Compliance Tax Evasion is Illegal, but not an Offence. Does AUSTRAC Understand its Own Risks? 17 September 2021 Unlike some countries (such as the US), Australia’s legislative references to tax “evasion” do not refer to a criminal offence or even a category of criminal offences. Read more
Global Reporting & Compliance GCs need to focus on corruption risk as offices reopen 9 September 2021 General Counsel need to greet their organisation’s office reopening with increased vigilance regarding the management of the risk of corruption. Read more
Governance, Risk & Compliance Crown Royal Commission submissions raised questions about directors’ duties 16 August 2021 The Royal Commission’s most senior lawyer went on to outline how Crown management and its culture had put profit ahead of integrity, regulation and the law. Read more
Governance, Risk & Compliance AMP reinvents advice model in wake of bruising Royal Commission findings 12 August 2021 The company said the new service model, with its aligned advice network, would mark a “new era for financial advice at AMP”. Read more