Recent data indicates that there are over 125 open FCPA-related investigations — across 56 industries — into violations of the US federal law prohibiting bribery payments to foreign officials. Those numbers, however, only tell a small part of the story.
In the two and a half years since we launched IntegrityRisk, we’ve heard a steady stream of questions from clients and colleagues about how to navigate the shifting risk terrain. What strategies make the most sense when it comes to meeting the letter and the spirit of evolving regulations? When are we comfortable recommending automated, technology-based products — and when is it smarter to apply the powers of human reason and analysis to diagnosing risk? In other words, how do we stay focused on the fundamentals?
The IPO process is a formidable one. The accountability of a soon-to-be public company, as well as the underwriters and attorneys that represent them, necessitates a level of scrutiny and pre-listing ongoing diligence that goes deeper, farther, and wider than nearly any other type of transactional due diligence.
Beneficial ownership compliance is in flux. Even experienced legislation watchers and savvy compliance experts are confounded by erratic posturing and mixed messages emerging from global jurisdictions.
We are delighted to open summer with the great news that Dorian Baker is joining the IntegrityRisk leadership team as Senior VP / Global Head of Sales.
We’re bringing our professional risk management, compliance, and due diligence toolkit to the field of impact investing.
CEO Jim McWeeney will be among a panel of experts speaking in Atlanta on 10 August on ethics and compliance in the M&A process.
In the first update to its framework for assessing the money laundering risk of Politically Exposed Persons (PEPs) since 2008, the Wolfsberg Group urged financial institutions to focus resources on high-risk PEPs