Japan imposes new sanctions on Hamas members, US sanctions Houthis, and 7 tips for sanctions compliance in 2024
In a significant move, the Japanese government has announced fresh sanctions targeting three senior members of Hamas. Chief Cabinet Secretary Yoshimasa Hayashi revealed on Tuesday that the sanctions would include the freezing of assets and restrictions on payments and capital transactions involving the specified individuals. The decision comes in response to their alleged involvement in […]
Chinese modern slavery risks affect thousands of UK businesses
Modern slavery in supply chains is an ongoing concern for many businesses, but key industries and jurisdictions present a much higher risk of modern slavery than others. A recent UK government review of modern slavery and human trafficking in the supply chain for the NHS has revealed that 21% of NHS suppliers are at high […]
Chinese investors allegedly behind Texas-based crypto mining site
Thanks to Binance, Chinese nationals are able to move money into the US undetected Jerry Yu is a 23-year-old NYU student and a Chinese national. He is also the majority owner of a Texas-based crypto mining facility called BitRush. But it appears that there is more to the company, which was acquired last year. It […]
On-demand webinar: Understanding failure to prevent fraud – the new UK compliance requirement
Under UK law, a corporation can face criminal prosecution if it fails to prevent certain actions from being undertaken by its employees, associates or even contractors. Failure to prevent encompasses a wide array of compliance failures, from not having the right policies to a lack of procedures to even ineffective training courses that don’t deliver […]
CSRD compliance: How to get started
Corporate Sustainability Reporting Directive (CSRD) is an ESG (environmental, social and governance) standard enacted by the European Union. It is designed to make corporate sustainability reporting more common, consistent and standardised like financial accounting and reporting. The new directive’s impact is far-ranging and essentially modernises and strengthens the social and environmental information that companies have […]
AI regulation in Brazil
The newly elected leftist government of Lula in Brazil is in the process of developing its first law to regulate artificial intelligence. In December 2022, a Senate panel presented a report containing studies on AI regulation, along with a draft for AI regulation. The main aims of the legislation are to safeguard the rights of […]
Informal deal reached on the Corporate Sustainability Due Diligence Directive
Financial firms are largely exempt from the scope of the directive, for now The Council and the European Parliament agreed to a provisional deal on the corporate sustainability due diligence directive (CSDDD), which aims to enhance the protection of the environment and human rights in the EU and globally. The directive sets obligations for companies […]
Automating GDPR compliance: Are you ready?
Download your free guide to GDPR and automation GDPR presents not just a single compliance challenge – how to get policies and procedures right – but an ongoing plethora of overlapping priorities that have to be dealt with at various levels of the business. From implementing technical measures, tracking data subject requests and putting in […]
AI & Compliance: Your Comprehensive Guide
Risks and opportunities for compliance professionals in the artificial intelligence age What is the future of AI regulation? What countries regulate the use of AI, and what issues do compliance professionals face when weighing up the risks and benefits of AI? In this comprehensive guide, VinciWorks will take you through: Download our free guide to […]
DAC7: A new era in digital platform compliance
Download our free guide to compliance From Uber to Etsy, Bolt to Walt, DAC7 requires platform operators in the EU to collect information from their reportable sellers. Whether renting out a house on Airbnb, to selling used clothes on eBay, DAC7 means this information has to be captured, understood and reported on. Importantly, DAC7’s scope […]
