“All life is risk management, not risk exclusion.” These words belong to an outstanding man – Walter Riston, one of the most influential bankers in the world, the former head of the large international financial conglomerate “Citicorp”.Read More
I decided to write this post to share my thoughts on how the compliance evolved in recent years and what it is becoming under the influence of technology.Read More
I. Intro. In October 2018, as I attended the International Bar Association’s (IBA) Annual Conference, I came across a discussion on the Rule of Law (Ukraine’s equivalent is the principle of the Supremacy of Law, which I believe is not much admired in practice,). During Opening Ceremony, which took place in a charming brand new conference center La Nuvola in Rome, the IBA President Martin Solc emphasized: “As guardians of the Rule of Law, lawyers understand when it is suppressed and forgotten. Society falls under the uncontrollable Rule of Individuals with vested interests and ultimately, dictators.”Read More
UNIC has made a call for submission of expressions of interest from candidates for Document Templates Specialist. Please see below the details of this opportunity.Read More
According to Tony Dungy, “integrity is a choice between what is convenient and what is right”. Let’s be honest, many Ukrainians tend to “cut the edges” to avoid complications, delays, or inconveniences in their daily lives, be it a payment for avoiding queue in a clinic, a small bribe to avoid ticket for speeding, or a facilitation payment to facilitate obtaining certain authorizations.Read More
Do you think that bribery may be acceptable in certain cases?
I suspect that your initial reaction was “No way! There is no excuse for bribery.” Frankly, I hope it would be a natural reaction of any reader of our blog. Nevertheless, I still ask you to give it a thought before you react. You will see that the answer may be not so obvious.Read More
I first hung out with Volodymyr Hrabchak at a sushi buffet during the 2014 International Bar Association Annual Conference in Tokyo. We met in Hong Kong in 2016, and over stir-fried prawns, Volodymyr told me I should write something. In 2017, while in Budapest and over grilled salmon, he reminded me again. Yes, seafood led to this.
Last May 11, 2018, Maria Lourdes Sereno, the first woman to become chief justice in the Philippines, was ousted by her Supreme Court colleagues by a vote of 8-6. She was removed through a quo warranto petition instead of impeachment – a first in the country.Read More
My cousin has recently become a certified auditor. I am very proud of him. And interestingly enough, while he explained me about the profession, I realized that it is organized quite similarly to that of attorneys’…Read More
With this post, I would like to share with you, Periscopers, what I learned of corruption in Sweden during my stay in Malmo for two exciting weeks. My inspiration derives from my recent participation in SI Summer Academy for Young Professionals. First of all, I would like to express my gratitude to the Swedish Institute for granting me this opportunity and encourage all of you to apply for the Sustainable Public Management Program next year…Read More
Position objective: Adhering to local Ukrainian Anti-Money Laundering (AML) legislation requirements, Citi Corporate AML requirementsRead More