Welcome to the latest issue of The Anti-Fraud Network Newsletter:

Letter from the Editor, June 2016

In this issue, Rebecca Palser from the Risk Advisory Group explains how technology can help minimise risk in the compliance process, and what compliance professionals should look out for when selecting a platform.

We are always interested in articles and book reviews written by AFN members and readers. If you would like to contribute to the AFN newsletter or the website, please contact us.

Nick Burkill

We would also like to invite all members and newsletter recipients to contribute a review of any of the following Routledge titles: The Changing Face of Compliance, Confronting Corruption in Business, Corporate Social Irresponsibility, Cyber Security, Fraud and Corruption in Public Services, In Pursuit of Foresight, The Origins of Ethical Failures, Security Culture, and The Tone from the Top.

If you are interested in reviewing any of these books, please contact us. Click here and enter discount code AFN16 at checkout for Routledge’s 20% discount on anti-fraud titles.

In This Issue:

How technology can help minimise risk in the compliance process

Rebecca-Palser-avatarIt will be no surprise to anyone reading this that compliance is becoming increasingly complex. Research conducted by The Risk Advisory Group in late 2015 reveals just how complex, and the impact this is having on compliance professionals. Of those we spoke to, 78% agreed that the sheer complexity of compliance represented a risk in itself. Worryingly, 69 % of respondents said that, as a result, they felt their business was more exposed to risk than it was two years ago.

Part of this risk stems from the way regulatory compliance has evolved. With the appointment of Hui Chen as Compliance Counsel Expert by the Department of Justice late last year, corporates are under even greater pressure to demonstrate in ever-more granular detail that they are meeting their obligations. This requires huge amounts of data collection, organising that data efficiently, and the ability to access it instantly.

One solution is to take advantage of the technology that exists to remove the burden from the compliance teams. A good compliance management tool should alleviate the pressure of day-to-day, routine tasks to give compliance professionals time to think more strategically, and protect their organisation’s reputation more effectively. Continue reading

Archives: View past articles

Who We Are

The Anti-Fraud Network is a network of professionals who specialise in the prevention and investigation of fraud and white collar crime, and the pursuit of claims arising out of the theft or other dishonest appropriation of assets, corruption, misuse of confidential information or similar breaches of duty. Recovering the proceeds of fraud and corruption is one of the truly global problems facing organisations today. Proceeds rarely stay in the country where they have been stolen. For organisations to recover stolen or corrupt assets they need access to lawyers and professionals specialising in their recovery across the world.

The Anti-Fraud Network is dedicated to providing access to trusted points of contact across the globe and offering a unified first-class international service to clients, at a time when experience, speed, co-operation and highly responsive service are most important.

The Anti-Fraud Network has been Highly Commended by the Financial Times in the 2008 FT Innovative Lawyers Awards Report.

UK Bribery Act Interview

Awards

Corporate IntlNamed 2013 “Anti-Corruption Law Firm of the Year in London” by Corporate INTL’s Global Awards Publication.

Corporate INTL, 2013

Chambers and Partners LogoNicholas Burkill of Dorsey & Whitney is an expert in bribery and corruption matters, and is widely considered by sources to be an authority on the implications of the new Bribery Act. Sources describe Burkill as “extremely personable, very bright, client-focused and always looking for the best commercial solutions.”

Chambers 2011

The Legal 500 - United KingdomThe Dorsey team is an excellent choice for tax and fraud disputes, and group head Nicholas Burkill is ‘an enormously experienced fraud litigator, with great depth of knowledge; intelligent and hardworking, with an excellent sense of humour. One of the best around’.

Legal 500 2010

Dorsey & Whitney’s practice head Nicholas Burkill is a ‘cool-headed and determined litigator’.

Legal 500 2011