In Krolls 2015 ABC Report, Kroll asked respondents to identify what they considered to be the type of corrupt behavior the chief compliance officer must guard against. The primary answers are bribery (93%), money laundering (61%), bid-rigging (60%), and price fixing (56%). Trailing further behind “the big four” corruption risks are conflict minerals (27%) and […]

The regulatory laws provide that a licence or registration application shall contain or be accompanied by such other information or documents as the Commission may reasonably require, for the purpose of determining the application. Business Risk Assessments (“BRAs”) The Financial Action Task Force (“FATF”) 2012 Recommendations (“the Recommendations”) place even greater emphasis on the importance […]