Does your internal audit team do enough work in the area of strategic risk? The attached report focuses on best practices that chief audit executives (CAEs)
The Commission has today published a guidance note for European operators to help them identify, assess and understand the possible risks to their business.
Casumo Services Limited and CS Litto Limited have been finedTwo gaming companies have been fined by the Financial Intellige
Start-ups and SMEs in the defense sector: how to initiate a compliance approach? Prevention of corruption, vigilance regarding the use of equipment sold.
Europol's inaugural threat assessment on financial and economic crime draws on operational knowledge and information
Today, the U.S. State Department publishes a plan to implement the U.S. anti-corruption strategy. Corruption undermines
AMF: first sanction for an approved professional associationThe ANACOFI-CIF and its president at the time of the events were sanctioned with a warning and a fine.
By Haas AvocatsAirports are no longer simply places of exchange and transit gates, they have become nerve centers for technol
Government processes on the issue of monetary penalties for breaches of financial sanctions.
Since 2008, Clusif has been conducting the "Computer Threats and Security Practices in France" (MIPS) survey. Its representativeness, regularity, rigor and
A new development in the case of public access to the register of beneficial owners (RBE) in France: the renowned British law firm Mishco
The typology report on money laundering associated with tax offences in the Asia-Pacific region, prepared jointly by the Australian Office of the
Montreal (awp/ats/afp) - An investigation has been launched in Canada into fashion company Ralph Lauren Canada because of allegations of forced labor by Uighurs.
In their efforts to strengthen the effectiveness of anti-money laundering and anti-terrorist financing frameworks in the Nordic-Ba
A 'SAPIN 3 LAW' IS NEEDED TO STRENGTHEN PROFESSIONAL CONTROLS IN THE PUBLIC SERVICEIn a "white paper", the Observatoire de l'éthique publique (Public Ethics Observatory)
AbstractDespite substantial regulatory reforms, US and EU money market funds (MMFs) experienced severe stress in March 2020. Funds investing in private ass
The Executive Office for Oversight and Non-Proliferation (EOCN) has published new guidelines highlighting the warning signs of funding.
Is the board of your organization under the impression that the organization is cyber resilient? On what is the impression based? Has the internal audit team as
DIFC Enacts Amended Data Protection RegulationsPRESS RELEASE 07 SEP 2023 10:57 AMRegulation 10 is the first enacted regulations in the MEASA region on th
The European Banking Authority (EBA) published on June 16, 2023 a report on the risks of money laundering and terrorist financing (BC-FT) prop.
This paper sets out typologies, case studies as well as supervisory expectations of effective AML/CFT controls to detect and mitigate risks associated with the
How is the culture in your organization? Has your internal audit team ever assessed culture?Culture is a critical factor in organizational success: a s
Risk monitoring #TRV | Financial markets are adapting to the new economic environment of durably higher inflation and interest rates, however risks remain
The European CSRD and CS3D directives reinforce the responsibility of multinational companies towards the environment and human rights. These rules in
Citigroup Inc.'s Singapore subsidiary and CIMB Group Holdings Bhd are among the banks affected by a major money-laundering case in the
The Conseil d'État judges disputes between citizens and the administration, i.e. the State, local authorities or public establishments. I
Every year, the Ministry of the Armed Forces submits a report detailing France's arms exports to the French Parliament. This annual publication
From now on, all companies operating in Europe with more than 45 million users per month (equivalent to almost 10% of the European population) will be required to use the Internet.
The number of lawsuits relating to compliance is growing all the time.
The amended draft Guidelines on money laundering and terrorist financing (ML/TF) risk factors by the European Banking Authority (EBA) clarify that all credit an
This evaluation was based on the 2012 FATF Recommendations, and was prepared using the 2013 Methodology. The evaluation was based on information provided by the
Energy and digital transitions are creating an unprecedented need for critical metals and minerals. Electric vehicles, wind turbines and batteries are just some of the
August 2023 - This assessment was based on the 2012 FATF recommendations and was prepared using the 2013 methodology. The assessment was based on
August 24 2023Are the primary and emerging technology risks in your organization being identified and managed appropriately? Is the internal audit team at
Guide to the French Anti-Corruption Agency in English
After the Prudential Regulation Authority imposed its largest ever fine of £87m on Credit Suisse for risk management and governance failures, examine the key is
Does your organization have robust internal control procedures to limit the risk of fraud? Does your internal audit team assess these controls?Fraud is not
OCC Bulletin 2023-26 | August 2, 2023SummaryThe Federal Financial Institutions Examination Council (FFIEC) has updated the following sections of the manual
This report summarizes AML/CFT measures in the Republique of Côte d'Ivoire (Ivory Coast) at the time of the on-site visit (6-24 June 2022). It analyzes the le
The quick guide to cryptocurrencies and money laundering investigationsFederico Paesano, Senior Financial Investigation Specialist, Basel Ins
Do all the key stakeholders in your organization have a good understanding of the 'Three Lines Model'?The Three Lines Model helps organizations identify st
FSMA Newsletter - July 2023 - LCB/FTThe newsletter discusses:- EBA guidelines on the use of remote entry solutions
A practical guide to providing effective ESG assurance oversightAs organizations continue to adapt to an ever-changing landscape, boards and audit committe
A global circular economy will enable us to meet people's needs with just 70% of the materials we use.
About the Internal Audit FoundationVisionThe Internal Audit Foundation is an essential global resource for advancing the profession of internal auditing.
Live your best compliance life: 65 hacks and cheat codes to improve your ethics and compliance program (CCI Press 2023)By
By: George SerafeimESG measurement, analysis, management, and communication is a process that the financial industry has turned into a product, resultin
The expectation from the FCA as well as from several regulators around the world is quite clear - that staff should be well trained to identify, evaluate and mi
European Court of Justice Sovim ruling: state of play and way(s) forward.'The EU Global Facility just released its latest piece as part of the Beneficial O
August 15, 2023Monetary Authority takes disciplinary action against EFG Bank AG, Hong Kong branch, for violation of the Banking Ordinance.
