Is an Anti-Bribery and Corruption (ABC) Policy Needed? The UK Bribery Act 2010 stipulates an offence of failing to prevent bribery, thereby necessitating organisations to establish robust anti-corruption procedures. The failure to do so can result in prosecution and significant financial penalties. Hence, an anti-bribery and corruption policy is crucial for all organisations, regardless of […]

Self-paced, online training and learning is a form of education or skill development where the learner utilises digital resources, often via the internet, to gain knowledge or acquire skills at their own chosen speed and at their chosen time. This type of learning is not bound by traditional classroom settings, schedules or geographical limitations, but […]

Unearthing bribery and corruption in its myriad forms is an expanding sphere of activity within all financial organisations across every type of jurisdiction globally. The UN approximates that bribes amounting to $1 trillion are exchanged annually, with an additional $2 trillion squandered due to corruption. Based on PwC’s Global Economic Crime Survey (2022), 51% of […]

In essence, corruption is a broad term for misconduct in the workplace and the business. There are many types of corruption in business, and bribery is a form of corruption. This means bribery will always be corruption, but not all forms of corruption are bribery. Bribery and corruption are significant ethical breaches that can critically […]

A conflict of interest arises when an individual’s personal interests interfere, or have the potential to interfere, with their professional duties and responsibilities. In essence, it occurs when a personal gain could influence professional decision-making, potentially compromising the interests of other stakeholders. Conflicts of interest can have serious consequences, both for individuals and organisations. In […]

What is market abuse?   Market abuse, a term encompassing a variety of detrimental financial activities such as insider dealing, manipulation of trading and misinformation, threatens the very integrity and efficient functioning of financial markets. As the Financial Conduct Authority points out, this perversion of fair play disrupts the level playing field essential for investor […]

Whistleblowing is a vital process that helps expose and address misconduct, illegal or unethical practices within organisations. It should be clear to every employee and manager exactly how and why it is important, and its processes should be available for every person to access.  Whistleblowers play a crucial role in maintaining transparency and accountability within […]

This unique, comprehensive tool will help companies streamline and automate both their compliance monitoring and training, saving them time, money and the use of additional resources. London, UK – Complyportal and the London Governance and Compliance Academy (LGCA) are excited to announce their new Compliance Monitoring and Learning Solution (CMLS). As compliance monitoring and learning […]

This article was originally featured on AGRC’s blog. You can find it here: Would You Make an Excellent Chief Compliance Officer (CCO)? The role of a Chief Compliance Officer (CCO) has become increasingly important in today’s complex regulatory landscape. In the United Kingdom, businesses are subject to a myriad of rules and regulations, including the […]

The fair treatment of vulnerable customers has become an increasingly important topic in the financial services industry. Vulnerable customers are individuals who may be at a greater risk of harm or disadvantage due to personal circumstances such as age, disability, low income or financial illiteracy. Ensuring that these customers are treated fairly and receive adequate […]