Example of good and poor practices, which provide guidance that is helpful. Also, this is to a reminder of supervisory expectations. The FCA has published TR18/3 presenting a outcome from its thematic review of the anti-money laundering (AML) and counter-terrorist financing (CTF) system and controls in thirteen Electronic Money Institutions (EMIs). Also the overview, just […]

Last year Merriam Webster’s dictionary stated that ”culture” was the most popular word of the year, due to it becoming one of the most important words in corporate board rooms, and for good reason. We have a retention crisis. New Deloitte research shows that culture, engagement, and employee retention are now the top talent challenges facing business leaders. More than […]

The Swiss Council of States has adopted a bill forwarded on from the Federal Council with modifications, implementing the revised Financial Action Task Force (FATF) Recommendations. Lawmakers increased the tax threshold for a case of tax evasion to be deemed to be a serious tax offence, from CHF200,000 (USD229,164) to CHF300,00. Furthermore, they agreed to […]

The Institute of Chartered Secretaries and Administrators (ICSA) has , published guidance, commissioned by the Department of Business, Innovation and Skills (BIS), on cyber attacks. The guidance urges UK boardrooms to change their attitude if they are to protect themselves against cyber attacks, as security breaches within involving the UK corporate sector continues to rise. http://sites.herbertsmithfreehills.vuturevx.com/38/5033/landing-pages/united-kingdom.asp?intEmailHistoryId=2761774&intExternalSystemId=1 […]