2017 was a total failure in terms of fighting corruption. Was it? This is a mere provocation. Yes, people talk sceptical about 2017 developments. Some even say that “nothing positive happened”. However, I will focus on positive here...Read More
I read this example in Yuval Noah Harari book “Sapiens: A Brief History of Humankind”. This is the extraordinary example when corruption helped the humanity...Read More
Danone is a global company with an inspiring mission, "Bringing health through food to as many people as possible". We are proud to obtain 1st place in the segment of Fresh Dairy Products and 2nd place in Baby Food segment all around the world. With us, you could learn and develop yourself in a collaborative and empowering environment.Read More
Each corruption act has its own intention, its embodiment, and its logical conclusion. As a rule, the logical conclusion of any illegal act is laundering and extraction of unfairly accumulated funds somewhere afar from the jurisdiction where the money was stolen.Read More
- Assessment of the Compliance risks and development/implementation of the risks mitigation measures.
- Development, support in development and maintenance of the Bank's Compliance procedures.
- Training of staff on Compliance risks related issues.
The US proposes a new law which, if adopted, will require everyone crossing US border to declare their bitcoins worth over $10k. The offenders will face criminal charges. Why do I think this initiative has pretty good chances to see the light of the day?Read More
- Third party due diligence and screening of potential business partners and vendors
- Oversees system of ensuring compliance with Code of Conduct and related policies and applicable anti-corruption regulations ...
Over the years, many companies have experienced the resistance to ethics and compliance. During decades, it was common to say that it was too expensive to build a compliance system. However, such penny-wise mindset to compliance led to a pound-foolish aftermath. Accordingly, business culture has started changing slowly.Read More
Look, I do not know how your company selects counterparties. But what if l told you that your company’s partners, vendors and even clients may be involved in really dirty behavior? In any developed jurisdiction, this would mean that your company risks facing interrogations, searches and even accusations of partnering crime. Nobody wants this scenario, right? However, not everybody does something about it. Hence if your job is to prevent this and protect your company from legal risks, below content should be of value for you...Read More
After my post on Singapore, this time I will focus on another Asian Tiger - South Korea. According to Corruption Perceptions Index 2016, South Korea holds the 52nd rank, between Rwanda and Namibia. In comparison to Ukraine's 131st rank position, it is not bad. But South Korea, unlike Ukraine, has long been one of the fastest growing economies in the world, often referred to as the "economic miracle on the river Han". Remaining Asian Tigers have a better situation with corruption perception: Singapore ranked 7th, Hong Kong - 15th and Taiwan - 31st...Read More