Former Western Sydney Airport employee charged with allegedly soliciting a bribe
This charge is the first in an investigation initiated by the newly-launched National Anti-Corruption Commission A former employee of the Western Sydney Airport (WSA) has been charged with allegedly soliciting a bribe of $200k during the procurement process for a contract to provide services at the airport. The contract was worth an estimated $5 million. […]
Neurodiversity policy template free download: make your organisation more neurodiversity friendly
As many as 1 in 7 people in the UK are neurodivergent, meaning that organisations that fail to meet the needs of their neurodivergent staff and clients are neglecting a significant demographic. Although there are challenges associated with these differences, there are also many strengths.
Die Datenschutz-Grundverordnung (DSGVO) erklärt
Was ist die DSGVO? Die DSGVO ist ein Gesetz der Europäischen Union (EU), das am 25. Mai 2018 in Kraft getreten ist. Die DSGVO regelt die Art und Weise, wie man personenbezogene Daten (Informationen über natürliche Personen) nutzen, verarbeiten und speichern darf. Sie gilt für alle Organisationen und Unternehmen innerhalb der EU sowie für diejenigen, […]
EU Council approves amended version of the Corporate Sustainability Due Diligence Directive
The revised version scales back the scope of the landmark new law The Corporate Sustainability Due Diligence Directive (CSDDD) is legislation designed to get companies to protect the environment, maintain social justice and promote a stronger, sustainable economy. It requires that companies consider the social and environmental impact of their operations by promoting transparency and […]
Die KI-Verordnung: Fünf Schritte, die Unternehmen jetzt tätigen sollten
Die KI-Verordnung der Europäischen Union ist die erste umfassende Regulierung der künstlichen Intelligenz (KI) weltweit. Diese soll sicherstellen, dass KI-Systeme, die auf dem europäischen Markt platziert und in der EU verwendet werden, sicher, vertrauenswürdig und menschenzentriert sind. Zugleich soll sie Innovation und die Wettbewerbsfähigkeit der europäischen KI-Industrie fördern.
In Queensland, new money laundering laws will restrict cash gambling at casinos
The move comes as Australia seeks to implement stricter AML laws nationwide In an effort to prevent money laundering, Queensland implemented legislation that limits cash gambling at the state’s casinos. The new law also involves identity verification and a code of conduct at casinos. The legislation comes as Tranche 2 anti-money laundering (AML) reforms are […]
UK Carers Leave Act: A Step Forward, But 70% Say “Not Enough”, New VinciWorks Survey Reveals
The Carers Leave Act (2023) taking effect on April 6th is a positive step, recognising the critical role unpaid carers play in society. However, a new VinciWorks poll found a significant gap between the Act’s provisions and the needs of working carers. The Carers Leave Act, which applies to all businesses and industries, offers a […]
Changes are coming to Australian AML. Its banks need to get ready
Australia’s banking sector is at medium to high ML/TF risks A national risk assessment on major banks and other domestic banks operating in Australia indicated that they are at medium and high risks for money laundering and terrorist financing (ML/TF) activities. Tranche 2 anti-money laundering (AML) reforms are likely to soon come into force in […]
You have questions about risk and compliance? We have answers
Some practical takeaways from the Law Society’s Risk and Compliance Conference At the Law Society’s Risk and Compliance Annual Conference 2024, attendees asked their most pressing questions to a panel of experts, who provided answers that were practical, insightful and provided risk and compliance teams with information they could use in their firms. The first […]
Proliferation financing in Australia: the rise of a new money laundering challenge
What is proliferation financing and what do regulated entities have to do? Proliferation Financing (PF) is an international crime which facilitates the movement and development of illegal goods in order to provide weapons of mass destruction for rogue states like Russia, Iran and North Korea. It has become an increasing cause of global concern over […]
