Regulators increasingly require corporates and financial services firms to incorporate Environmental, Social and Governance (ESG) risks into their due diligence and reputational risk management processes. ESG also brings opportunity: asset managers and investment...
Identifying and mitigating money laundering risks is among the most important compliance tasks for any financial services company. Yet, in 2023, four trends are making this task harder than ever before, while ever-strengthening legislation across the world increases...
A new survey of global executives shows that companies expect the risk of financial crime and regulatory enforcement action to rise in the next year. Firms are also prioritizing technology as a means to improving their compliance and due diligence approach . We...
A McKinsey article on use of AI in the nsurance industry calls data and analytics capabilities “table stakes” in the sector in Europe and North America. The article notes that “External data are the ‘fuel’ that is unlocking the value of artificial intelligence...
Alleged compliance breaches have led to combined fines and settlements worth hundreds of millions of dollars in Q2 of 2023. Regulators have taken enforcement action against companies over their activities in jurisdictions spanning four continents. In this blog...
The youngest generation in the workforce, Gen Z (cordially called “Zoomers” at times) has a unique set of values that distinguishes them even from millennials. A cohort defined by their love of trends and social media, Gen Z can be an enigma for investors who are...