June 07, 2018 ABAC, Due Diligence, third-party compliance
Corporate compliance officers have another item for their bookshelf: the OECD’s Due Diligence Guidance for Responsible Business Conduct, published on May 31 after three years of consultation and work. The guidance itself is as useful as any other work in the field: available as a free download: 100 pages, and […]
December 27, 2017 Beneficial Ownership
In mid-December EU lawmakers adopted amendments to the region’s 4th AML Directive that will bring more transparency and enforcement to the corporate world. The intention is noble: to crack down on money-laundering, tax evasion, and other corporate corruption, as put on display by release of the Panama Papers in 2016. Compliance officers, however, will have fresh challenges for disclosure, third-party governance, and enforcement risk.