VinciWorks

GDPR Thought Leadership
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14 min read

What marketers need to know about GDPR in 2022

Trends in data protection for direct marketing

Have data protection authorities begun the great fightback against business? Perhaps they have been tasked with bringing in some much-needed cash to national coffers, because fines have become the next big trend in data protection and should seriously concern marketers in all sizes of business.

Some recent marketing-related fines have included:

Amazon – €746m for compiling data on customers
WhatsApp – €225m for failing to provide information in clear and plain language
Austria Post – €9.5m for failing to allow subject access requests by email
Grindr – €6.3m for sharing location services without consent because it was special category data on sexual orientation
Sky Italia – €3.3m for unwanted phone calls

Overall, there’s been a 113% increase in GDPR fines between July 2020 to July 2021, with 709 in total compared to 332 in the year before. Penalties for violations have more than doubled as well, from €130.69 million up to July 2020 to €293.96 million up to July 2021.

New course release – ESG: The Basics

ESG rating agencies and reporting frameworks use training as a measure of ESG effectiveness. But there is no one-size-fits-all training solution. A core part of any ESG initiative is employee training.

Our new course, ESG: The Basics, is the ultimate introduction to ESG that covers the core concepts of ESG and speaks to employees’ moral responsibilities and their organisation’s commitments. Over the coming weeks we will also be releasing a Fundamentals course that goes into further depth on areas such as the supply chain, ratings, your company’s ESG policy and more.

Try now

New Omnitrack feature: Easily manage suppliers and clients in Omnitrack

External Users: Manage suppliers and clients in Omnitrack

Important Omnitrack features such as reminders and automations require users to sign in to the system when filling out your form. This is complicated for use cases such as Supplier Assessments and Client Onboarding as it’s difficult to manage both internal people (employees) and external people (suppliers or clients) who need access to forms. This can lead to problems such as external people having no way to log in, thus resorting to using anonymous forms (which do not require sign in), at the expense of losing powerful tracking and follow up features. With Omnitrack’s new feature, admins can easily manage form access when there are both internal and external people trying to access them.

Here’s how it works:

Step 1 – Navigate to the Users page and upload your existing list of suppliers to the new External Users tab. The system will now use a smart login mechanism to direct internal users to Single Sign-On (if enabled) and your external users to the standard login page.

AML: European Commission updates its high risk jurisdiction list

On 10 January 2022, the European Commission published an amendment to the delegated regulation of high-risk jurisdictions for anti-money laundering and counter terrorist financing.

The EU’s prescriptive list contains details of third-country jurisdictions which have strategic deficiencies in their Anti-Money Laundering / Counter Terrorist Financing (AML/CFT) regimes that pose significant threats to the financial system of the European Union must be identified in order to protect the proper functioning of the internal market.

The EU commission see the following countries as having strategic deficiencies in their AML/CFT regime:

Thought Leadership
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40 sec read

Regulatory Agenda for February 2022

To help businesses keep track of updates in UK legislation and policies, VinciWorks regularly publishes a regulatory update. Our regulatory agenda for February 2022 covers new ESG reporting requirements, DAC6 / MDR consultations, employment law developments and possible changes to UK GDPR.

What’s in the Regulatory Agenda?

What’s new this month?
COVID-19 guidance update
EU developments affecting policy and compliance
Recent Acts of Parliament affecting policy and compliance
Bills before Parliament
Secondary legislation
Open and closed consultations
Regulations and initiatives on the horizon

Download Regulatory Agenda

New Course: Whistleblowing: Understand Your Rights

Whistleblowers are a vital part of society, working to expose wrongdoing at the highest levels and often at great personal risk to themselves. That’s why the European Union passed legislation in 2019 to give whistleblowers more protection against retaliation. Every country in the 27-member bloc was expected to implement this directive into their national laws by Friday, 17 December 2021.

Our new course, Whistleblowing: Understand Your Rights, provides a comprehensive overview of whistleblower rights in the EU, including real-life scenarios and practical guidance.

If you already license our whistleblowing training this course can be added to your system free of charge upon request.

Course Features

Real-life examples of when whistleblowing could have helped prevent disaster
Real-life examples of when whistleblowing has helped to prevent disasters
Practical guidance on how to blow the whistle correctly
Fully customisable — edit any part of the course
Can be integrated with our whistleblowing reporting solution using Omnitrack, our flexible tracking and reporting software

Click here to try the course!

ESG Thought Leadership
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8 min read

ESG: Your questions answered

Our Answers to Your Top ESG Questions

What does implementing an ESG programme mean?

Throughout our webinars and guides on ESG, VinciWorks has received many questions about the subject. ESG is a new area for business, and one still largely unregulated so these are common concerns. Most of the questions we have received about ESG fall into three distinct categories.

1 – Clarity around regulations

2 – What professional services can do

3 – How to get started

ESG
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13 min read

ESG survey – Reputation and risk key drivers for 60% of companies

What are people doing on ESG?

Many businesses are starting to figure out their ESG strategies. It’s not always easy to start, or know what the business is ready to do. Taking on an ESG programme can seem like a big challenge, but actually many businesses are already doing a lot on ESG already, and a big part of getting started is pulling together existing data.

On our recent webinar on How to Implement an ESG programme, we surveyed over a hundred leading businesses and law firms on what they are doing around ESG.

On-demand webinar: How to successfully implement an ESG programme

Implementing an ESG programme can seem like a daunting task. From reporting methodologies to external ratings, there’s a lot to consider.

In this webinar, we explored the steps that any business can take to begin thinking about an ESG programme. Whether you have an extensive, carbon-heavy supply chain or are in professional services, ESG reporting doesn’t have to be complicated.

This webinar covered:

How to start thinking about implementing an ESG programme
Which ESG reporting frameworks are relevant to your organisation?
How to classify existing initiatives under ESG
Why ESG programmes can be beneficial to any organisation
How to write ESG pages in an annual report

Watch now

Thought Leadership
0
3 min read

Train your staff before returning to the office

With the advice to work from home in England removed following the Omicron outbreak, many people are anxious, or at least conflicted, about returning to in-person work, whether for health reasons or the flexibility they feel they’ll lose.

Companies are facing a complicated decision. Should workers continue to stay at home, should they bring everyone back, or find somewhere in between?

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