Category Archives: Newsletter

An introduction to cyber crime, security and digital intelligence

There are several factors determining the future shape of the cyber security landscape: The rise of the machine readable Web, also known as Web 3.0 Increasingly vast data storage Computer processing at light speed Increasingly advanced and persistent threats Slow … Continue reading

Posted in 2014-09, Newsletter | Tagged , , , , , , , , , |

One person’s gift, another person’s bribe: The challenge of giving gifts in China, Part II

In the second of our two-part series on giving gifts in China, we look at the rules and traditions surrounding the cultivation of bao (“social reciprocity”), through gift giving. This month, we look closely at the gift-giving rules that apply to PRC … Continue reading

Posted in 2014-07, Newsletter | Tagged , , , , |

One person’s gift, another person’s bribe: The challenge of giving gifts in China, Part 1

Happy New Year! It was the week before Chinese New Year. The financial year had ended weeks earlier and unpaid invoices had made a dent in the annual performance of the small family business. For months, the foreign husband, a … Continue reading

Posted in 2014 - 06, 2014 Newsletter, Newsletter | Tagged , , , , , , |

Finding the right compliance professionals for your business

The financial service compliance market has been expanding rapidly since the downturn in the financial services market in 2008 and the time Lehman Brothers went into receivership. The Financial Conduct Authority (FCA), which regulates the sector, has been imposing more … Continue reading

Posted in 2014 - 05, Newsletter | Tagged , , , , |

Extract taken from Fraud: The Counter Fraud Practitioner’s Handbook, edited by Alan Doig

Future Trends in Fraud A pan-European study of 2,246 employees by Ernst & Young (2009) found that 55 per cent of respondents expected corporate fraud to increase over the next few years: a third because changes to their business opened … Continue reading

Posted in 2014 - 04, 2014 Newsletter, Newsletter | Tagged , , , , , |

Fraud: not just an external threat

Organisations have typically been aware of the fraud risks that come from the outside, such as fraudulent applications, documents or identity crime. The same cannot always be said for the risks faced from within. And yet, fundamentally, the risks are … Continue reading

Posted in Newsletter | Tagged , , , , , , , |

Doing business in and with China: Battling a corruption culture by building a compliance culture

Culture of corruption It was during the pause between the main course and dessert that the mild-mannered man sitting next to me, a senior in-house counsel of a US multinational company, suddenly became animated. “It seems as though every deal … Continue reading

Posted in Newsletter | Tagged , , , , , |

The importance of screening employees for bogus degrees

People who have been to university know how tough it is to get a degree and the amount of work that is required. Employers expect that anyone claiming to have a degree has gone through this demanding process and that … Continue reading

Posted in 2013-12, Newsletter | Tagged , , , , , , |

Book Review: An Introduction to Internet-Based Financial Investigations: Structuring and Resourcing the Search for Hidden Assets and Information by Kimberly Goetz (London: Gower Publishing Limited, 2012)

Impressed with the easy read and the breadth of information in Introduction to Internet-Based Investigations, I found it to be both validating of my own processes and highly educational in regard to areas for improvement.  When I first began my … Continue reading

Posted in 2013-11, Newsletter | Tagged , , , |

Applying financial sector anti-fraud and corruption strategies to football (or soccer – for our US friends)

Despite the bad press the financial sector has received in recent weeks (and months and years), and the general unpopularity the sector faces as a whole, the strong money laundering regulations that banks strive to comply with give a significant … Continue reading

Posted in 2013-11, Newsletter | Tagged , , , , , , |