Tag Archives: Fraud prevention

Letter from the Editor, April 2014

Welcome to the April issue of the AFN newsletter. In this issue, we are pleased to include an extract from Fraud: The Counter Fraud Practitioner’s Handbook, published by AFN partner Gower Publishing. We hope the extract will spark a debate … Continue reading

Posted in 2014 Newsletter, From The Editor | 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 , , , , , |

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 2014 - 02, 2014 Newsletter, Newsletter | Tagged , , , , , |

Book Review: Detecting and Reducing Supply Chain Fraud

Norman Katz’ Detecting and Reducing Supply Chain Fraud encourages readers to engage in broader thinking about what constitutes the supply chain, and also highlights those inherent areas of weakness that accentuate fraud risk.  Particular focus is drawn to the consequences … Continue reading

Posted in 2013 - 10, Newsletter | Tagged , , , , , , , , |

Letter from the Editor, September 2013

In this issue, Ross Hall from FTi Consulting provides insight into how to protect your business’ reputation during a crisis or litigation. In addition, David Farrell, Head of Risk Management and IT at BOC Aviation Pte. Ltd, reviews Detecting and … Continue reading

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Letter from the Editor, June 2013

In this issue, Louise Jenkins, Rachel Nicolson and Jess O’Brien from Allens examine the Australian State of Victoria’s integrity reforms. The State has created its first anti-corruption commission. The Independent Broad-based Anti-corruption Commission will take over part of the role … Continue reading

Posted in 2013 - 05, From The Editor | Tagged , , , , , , , , |

Proposal for a Fourth Money Laundering Directive: Overview

The European Commission has recently published a proposal for a Fourth Anti-Money Laundering Directive (the Directive). This is, broadly, driven by revisions to the Financial Action Task Force (FATF) Recommendations that were adopted in February 2012 and by various reports … Continue reading

Posted in 2013 - 03, Newsletter | Tagged , , , , , |

Achieving compliance through efficiency

Legal compliance directives are like herd animals; they are never alone but sit alongside other legal compliance directives.  Companies therefore face an ever increasing workload of compliance requirements that overlap and have to be implemented by the required deadline as … Continue reading

Posted in 2013 - 01, 2013 Newsletter, Newsletter | Tagged , , , , , , |

One year on: The new German anti-money laundering law

The new Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (German anti-money laundering law, the GWG) came into force in two stages on 29 November 2011 and 1 March 2012.  The GWG was a reaction by the German Government … Continue reading

Posted in 2012 - 12, 2012 Newsletter, Newsletter | Tagged , , , , , , |

Book Review: Stock Market Efficiency, Insider Dealings and Market Abuse by Paul Barnes

This book is intended to stimulate thought and discussion among its intended readership of lawyers, businessmen and market professionals. I suspect, however, that not all of those readers will find it useful and many will miss or overlook valid points. … Continue reading

Posted in 2012 - 11, Newsletter | Tagged , , , , |