London Governance & Compliance Academy
SOUTH AMERICA In South America, the landscape of financial crime is complex, and money laundering constitutes a significant part of this problem. The Global Financial Integrity’s report in 2021 estimated that the illicit financial flows from developing countries, which include a substantial number from South America, amount to approximately $1 trillion annually. High-profile […]
ASIA In Asia, financial crime continues to be a pervasive concern, with money laundering being particularly problematic. The UN Office on Drugs and Crime (UNODC) estimated that the annual amount of money laundered globally is approximately 2 to 5% of global GDP, or $800 billion to $2 trillion USD in 2021 (UNODC, 2021). Given […]
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 […]
