What companies should be thinking about when they think about AI
A conversation with Shlomo Agishtien, AI lead at Trullion Artificial intelligence (AI) tools are increasingly becoming part of the daily processes of nearly every company and AI regulations are bearing down with the EU’s AI Act leading the charge. It’s more and more important to understand how to utilise and develop these tools ethically and […]
Britain’s conversation about caring is evolving; what should your organisation be doing?
There are millions of people working full time jobs whilst caring for loved ones. Working carers play a vital role in our society, but they often go unnoticed and face difficult challenges at work. Supporting carers at work reduces absenteeism, stress and sick leave while making complex situations a little easier. The Carers Leave Act […]
Everything you wanted to ask about the CSRD, answered
The first companies are going to have to report on the Corporate Sustainability Reporting Directive soon. It’s time for our FAQ edition about the new regulation The Corporate Sustainability Reporting Directive (CSRD) is an EU ESG standard enacted by the EU. It is designed to make corporate sustainability reporting more common, consistent and standardised like […]
Court of Appeal rules companies are increasingly liable for supply chain compliance risks
In a significant ruling from the UK’s Court of Appeal, the application of the Proceeds of Crime Act 2002 (POCA) has been expanded, putting companies at increased risk for asset recovery, fines and even criminal prosecution for failing to conduct adequate due diligence on their supply chains. Furthermore, the recently passed Economic Crime and Corporate […]
Revolutionising compliance training with AI
In the fast-paced world of compliance, staying ahead requires not just meeting regulatory standards but also ensuring that training is engaging, relevant, and accessible. VinciWorks has been a leader in compliance training for over two decades, consistently innovating to meet evolving business needs. Powerful tools like the VinciWorks Portal enable companies to maintain compliance while […]
The ROI of compliance: as financial crime costs rise, it’s time to spend smarter on compliance
UK compliance costs have soared to £21,400 per hour as firms across sectors are spending more than ever to fight financial crime. This spending has risen by a third since 2021, bringing the total annual cost of compliance to a staggering £38.4 billion. This amount is roughly three-quarters of the UK government’s defence spending.
The AML compliance challenge: All the info on your AML solution is visible to everyone.
How can your law firm manage that? The problem and how Omnitrack can solve it There is so much information in your AML platform about each client. Some of the information is sensitive and you would rather limit who in your large law firm has exposure. Not only that – you also wish you could […]
Wie die bevorstehenden Landtagswahlen in Sachsen, Thüringen und Brandenburg Unternehmen beeinflussen könnten
Im nächsten Monat finden in Thüringen, Brandenburg und Sachsen Landtagswahlen statt, die nicht nur die politische Landschaft dieser Bundesländer prägen werden, sondern auch erhebliche Auswirkungen auf regulatorische Rahmenbedingungen für Unternehmen haben könnten. Für Unternehmen, die in diesen Bundesländern tätig sind, ist es daher unerlässlich, die politischen Positionen der Parteien in zentralen Compliance-Bereichen zu verstehen.
Befolgt Ihr Unternehmen die geltenden Gesetze beim Thema Geldwäscheprävention?
In einer globalisierten Weltwirtschaft ist die Einhaltung der Vorschriften zur Bekämpfung von Geldwäsche (AML) von entscheidender Bedeutung für Unternehmen. Insbesondere in Europa und Deutschland sind die regulatorischen Anforderungen streng und umfassend. Unternehmen, die diese Standards nicht einhalten, riskieren nicht nur hohe Geldstrafen, sondern auch Schäden an ihrem Ruf und ihrer operativen Integrität. Doch wie können […]
CSRD and the UK
What do UK organisations need to know about the EU’s Corporate Sustainability Reporting Directive? The EU’s Corporate Sustainability Reporting Directive (CSRD) is new legislation that recently came into force with first reporting requirements coming next year. The directive will require all large and listed companies to publish regular reports on the social and environmental risks […]
