Every organisation in the world operates in a market that restricts bribery to public officials. Often, there are laws which prohibit commercial bribery. Complying with the written laws of each country in which your company is based or conducts business is paramount for any business. While the laws vary in name across jurisdictions, they are generally all designed to prevent one simple thing: giving something of value to someone (normally a government decision maker) for the purposes of gaining an unfair advantage
The complete guide to the 23 risk areas
Understanding your third party is more than just knowing the list of your third parties. Knowing your third...
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Why ESG compliance can’t be ignored
The compliance landscape is becoming even more complex resulting from increased pressure for companies to publicly prove their commitment and disclose how they are addressing ESG risks and compliance.
Supply chain and compliance in the agricultural sector
There is a strong case for companies engaged in the agri-food business to understand the necessity of developing a robust due diligence and risk-management framework.
Three practical ways to sustain post transaction compliance
There are a number of considerations that must be given close attention to ensure that the prospective benefit of business transactions are not undermined. Learn about the top three.
How much do you trust listing bodies and regulators
The need for tighter controls in financial services are exacerbated by rising incidents of misconduct especially in Asia and Hong Kong in particular...
Identifying and avoiding weak links in your supply chain
You are responsible for the conduct and integrity of your suppliers. Ensure that you have a watertight supplier risk management process.
Corporate Transparency is great – but don’t go overboard
The aim of this article is to highlight the shortfalls of TI’s report and approach. There are many more facets to a good compliance programme that cannot simply be advocated publicly, and it is...
The missing piece of country intelligence gathering
Compliance risks appear to be receiving much less coverage than they deserve in typical country intelligence offerings.
Implementing a holistic compliance culture across your global business
Identifying sanction-related risks can be daunting especially for entities with global operations and a large network of affiliates. More so, if the sanctions appear to be applicable or enforceable...
How to nurture a culture of ethics
Programmes that look good on paper may fall short if not put into action properly. A culture of ethics makes employees feel that acting ethically is the right thing to do.
Things to think about when conducting bespoke due diligence
When considering the level of diligence, there tends to be a balance between the desire to look at the specific risks of that activity in detail and the need to build a process that is as efficient...
Compliance risk assessments - Target your risks effectively
Although the formalisation of the discipline of risk management is relatively recent, the notion of enterprise-wide risk management appeared in the 1960s and was developed in the insurance field...
IntegraWatch® | Compliance Screening - Product Developments
IntegraWatch® | Compliance Screening is a curated database comprised of organisations and individuals that may present compliance or integrity risks to companies that engage in business with them.
IntegraCheck® | Integrity Due Diligence - Product Developments
This past year was a huge milestone for The Red Flag Group®’s flagship product, IntegraCheck® | Integrity Due Diligence, as we launched our seventh-generation due diligence reports.
Letter from our CEO & Executive Chairman
This was another strong financial year for The Red Flag Group® We made significant improvements financially with revenue growth and positive cashflow from our operations...
Protecting your business when engaging politically-exposed persons
Nowadays, everyone is aware of the harm that a politically-exposed business partner or client can cause to an organisation – particularly in a place such as the Middle East, where the majority of...
How to prioritise third party risk
How much due diligence should we be doing? Which third parties should be monitored? You are held responsible for your counterparties.
Organisations that should implement a KYC process
Laws and regulations across various jurisdictions have required banks, insurance companies and other financial institutions to develop strong know-your-customer (KYC) processes.
5 bold predictions for compliance in 2019
Centralised Compliance? A.I. is writing diligence reports? Ignoring obvious trends, it is the time of year to peer into the preverbal compliance crystal ball and pontificate on what is to be in 2019.
Why our due diligence is superior
Failure to alert authorities of the status of its legal representative may entail that the target company is trying to avoid legal liabilities levelled against the target company and its legal...
Providing you enriched data to navigate through complex compliance landscapes