Preparing for Tranche-2: Lessons for Australian lawyers and accountants in AML compliance
Understanding anti-money laundering for Australian regulated entities Australia has been an outlier in AML for some time. Many accountants, lawyers and real estate agents who would be captured by AML requirements in Europe or the UK have been exempted from these requirements which are commonplace in other parts of the world. New Zealand has been […]
Updated AML & PEP Training: Reflecting the New Landscape
Following the introduction of new Anti-Money Laundering (AML) regulations in January 2024, we’re pleased to announce our suite of Compliance training courses including anti-money laundering, due diligence, and politically exposed persons (PEPs) has been fully updated to reflect these crucial changes.
Künstliche Intelligenz und Diskriminierung – Was Sie wissen sollten
Künstliche Intelligenz (KI) hat immer mehr Einfluss auf unser Leben. Sie kann uns helfen, komplexe Probleme zu lösen, effizienter zu arbeiten und neue Erkenntnisse zu gewinnen. Aber KI kann auch zu Diskriminierungen führen, wenn sie nicht fair und verantwortungsvoll eingesetzt wird.
Looming Regulations, Limited Knowledge: Only 2% of Large Businesses Aware of EU AI Act, Says VinciWorks Survey
Our new survey reveals a crack in business preparedness for the upcoming EU Artificial Intelligence (AI) Act. The survey exposes alarmingly low awareness among larger organisations, with only 2% of large companies reporting a full understanding of the Act. While the EU AI Act is not yet formally passed (expected to come into force in […]
What countries are high risk for proliferation financing?
How to assess geographic risks of proliferation financing Regulated entities are required by law to carry out proliferation financing (PF) risk assessments. But this relatively new compliance requirement can be hard to fully integrate into your risk assessment process. At first glance, proliferation financing risks are mainly concerned with activities carried out in North Korea […]
On-demand webinar: Making your organisation more neurodiversity friendly
Neurodiversity is becoming more understood as a workplace issue. 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. At […]
On-demand webinar: Getting to grips with proliferation financing one year on
Since 1 April 2023, all firms in the regulated sector have been required to carry out proliferation financing (PF) risk assessments. This applies to all regulated entities, from law firms to financial services, casinos to cryptocurrency. Regulated entities can create a new risk assessment on proliferation financing or incorporate PF risks into existing AML and […]
Deepfakes und wie sie Unternehmen vor Probleme stellen können
Deepfakes sind synthetische Medien, die digital manipuliert wurden, um das Aussehen einer Person überzeugend mit dem einer anderen zu ersetzen. Der Begriff Deepfake ist eine Zusammensetzung aus „Deep Learning“ und „fake“. Deep Learning ist eine Form des maschinellen Lernens, die auf künstlichen neuronalen Netzen basiert, die große Mengen an Daten verarbeiten können.
Getting scammed is easier than you think
A financial columnist fell victim to a group of con artists and ended up giving them her life savings. Can this happen to you? Charlotte Cowles is not the kind of person to fall for a scam. She’s a financial writer, the financial advice columnist for New York Magazine and has worked for some of […]
What are the key red flags to be aware of when dealing with sanctioned items?
All goods in the Common High Priority List are under trade sanction, meaning handling them is like handling stolen goods. Companies across the supply chain, from logistics to warehouses to shipping, could be breaking the law if they end up involved with these goods that later end up used by Russia, or in fact any […]
