The regulatory horizon. What does a Labour government have planned for compliance?
Consistent polls are showing that the Labour Party will be in for a 1997-style landslide come the next British general election, expected sometime in 2024. In the run up to the election, the Labour Party have been setting out their agenda for government. In this blog, we examine the likely regulatory priorities for government, and […]
VinciWorks’ AML Core Group continues to grow
Last week saw the third in VinciWorks’ successful series of AML core group meetings and the first of 2024. These meetings are an opportunity for AML professionals in the world’s leading law firms to come together to share ideas and best practice hosted and facilitated by the VinciWorks and Compliance Office team. Impact of ECCTA […]
Compliance Crisis Unveiled: 44% of Compliance Professionals Admit Unpreparedness for 2024 Challenges
Our latest survey has exposed a stark reality: 44% of compliance officers and managers feel unprepared for the compliance challenges that lie ahead in 2024. Only 7% feel fully confident in tackling the challenges in the year ahead, signalling a potential industry-wide gap in readiness to address the ever-changing regulatory landscape. The survey gathered 212 […]
Transparency International’s Corruption Perception Index 2023: What are the riskiest countries for bribery and corruption?
The annual list is a must-read for global businesses The anti-corruption NGO Transparency International has released their annual report into perceptions of corruption and bribery across the world. This list forms a critical part of any organisation’s bribery and corruption risk assessment. Countries within the supply chain or which are significant markets or resources should […]
The Corporate Sustainability Due Diligence Directive, explained – Free guide
This new EU initiative, designed to promote sustainability in the EU and globally, will impact companies in the EU and beyond. Here’s how you can get ready for it The Corporate Sustainability Due Diligence Directive (CSDDD) is a new piece of legislation that will have far-reaching implications for EU companies and all companies doing business […]
Several states have halted UNRWA funding: How can you make sure charitable donations don’t end up in the hands of terrorists?
As more Hamas leaders come under international sanction, their relationship with international aid agencies and charities has come under scrutiny. The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) is a UN agency that is meant to provide essential services to Palestinians who fled or were displaced during the […]
Collaboration vs. confrontation: AI’s regulatory future
How two recent news stories portray companies’ complicated relationship with AI’s evolving technology It’s hard to predict what lies in artificial intelligence’s (AI’s) regulatory future for the simple reason that AI’s technology is constantly evolving. This means its issues, of bias or copyright or lack of transparency, to name a few will continue to shape […]
VinciWorks Redefines Corporate Education with New AI Compliance eLearning Collection
Navigating the Ethics, Risks and Opportunities Today, we are meeting the challenges of the AI revolution head-on with the launch of our new AI Compliance eLearning collection. Amid the wave of AI transformation, businesses grapple with understanding both the potential advantages and risks it presents. A recent poll by VinciWorks revealed that 63% of respondents […]
What businesses need to know about the Economic Crime and Corporate Transparency Act 2023
The Economic Crime and Corporate Transparency Act 2023 makes a number of important changes to corporate transparency and compliance in the UK. It is going to be easier to prosecute companies for wrongdoing Prosecutors will no longer have to prove that “the directing mind and will” of a company was behind wrongdoing. Now, any “senior […]
Is the post office scandal the UK’s biggest compliance failure ever?
From supplier onboarding missteps to ineffective ongoing monitoring to a lack of due diligence, the list of compliance errors in this story is very, very long The Post Office scandal is quickly gaining a reputation as one of the UK’s largest miscarriages of justice. For nearly 15 years, the UK Post Office went after operators […]
