Banking & finance

TOOL: Business and Human Rights Resource Center – Company Tracker

by admin | Mar 22, 2018 | Agriculture, Arms, defence & military, Banking & finance, Civilian aerospace, Confidential reporting & investigations, Consumer services, Country risk profile, Fisheries, Forestry, Heavy manufacturing, Information technology, Light manufacturing, M&A, joint venture, business associate due diligence, North America, Oil and gas, Pharmaceutical & health care, Power generation & transmission, Public works & Construction, Real estate, property, legal and business services, Risk assessments, Telecommunications, Tools, Transportation & storage, Utilities, Whistleblowing – Ethics line

UK based NGO that focusses on promoting human rights around the world and promoting corporate accountability and transparency. Manages a database of 7,000 companies and act as a clearinghouse for media reports and other human rights related information on the positive or negative action of their database listed company. May be of assistance as one of many information source when conducting due diligence on business associates.

BH has 13 trustees and 48 staff dedicated to advancing human rights in business and eradicating abuse.

Their 18 Regional Researchers are based in Australia, Brazil, China, Colombia, Egypt, Hong Kong, India, Kenya, Japan, Jordan, Mexico, Myanmar, Philippines, Senegal, South Africa, UK, Ukraine and USA. They are supported by two offices in London and New York. Oversight is provided by our board of trustees which consists of former business people, human rights, development and environmental advocates and academics.

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TOOL: Anti-Corruption Knowledge Hub

by admin | Mar 22, 2018 | ABC terms library, Agriculture, Anti-Corruption Organizations, Resources and References, Arms, defence & military, Banking & finance, Civilian aerospace, Consumer services, Developing an ABC compliance program, Europe, Fisheries, Forestry, Heavy manufacturing, Information technology, Light manufacturing, Oil and gas, Pharmaceutical & health care, Power generation & transmission, Public works & Construction, Real estate, property, legal and business services, Structuring an Anti-Corruption compliance program, Telecommunications, Tools, Transportation & storage, Utilities

The Anti-Corruption Knowledge Hub is an online space where Transparency International (TI) presents its research output. It is the home of the Anti-Corruption Helpdesk, TI’s expert network, a series of topic guides and country-specific research. In addition, the Hub hosts many of the studies, tools and knowledge which lie behind what we do at Transparency International.

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INFO: Corruption in the West

by admin | Mar 22, 2018 | Agriculture, Arms, defence & military, Banking & finance, Civilian aerospace, Consumer services, Continuous improvements, Continuous learning and applying lessons learned, Fisheries, Forestry, Heavy manufacturing, Information, Information technology, Latin America and the Caribbean, Light manufacturing, Oil and gas, Pharmaceutical & health care, Power generation & transmission, Public works & Construction, Real estate, property, legal and business services, Telecommunications, Transportation & storage, Utilities

When dirty business comes to mind, many think of dictator-led regimes. But Canada, the US and other countries engage in dastardly deeds too. The question is, are they different?

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TOOL: Anti-Money Laundering Guide (2014)

by admin | Mar 22, 2018 | Agriculture, Arms, defence & military, Banking & finance, Civilian aerospace, Confidential reporting & investigations, Consumer services, Fisheries, Forestry, Heavy manufacturing, Information technology, Internal vs external investigation, Light manufacturing, North America, Oil and gas, Pharmaceutical & health care, Power generation & transmission, Public works & Construction, Real estate, property, legal and business services, Telecommunications, Tools, Transportation & storage, Utilities

Guide to Comply with Canada’s Anti-Money Laundering (AML) Legislation helps you deal with changes in 2014 in AML regulatory requirements of reporting entities under Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).

TOPICS INCLUDE:
changes to Canada’s AML legislation
practical guidance for AML compliance that is relevant to:
accountants
accounting firms

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INFO: Proceeds of Crime and Terrorist Financing Alert: Know your obligations

by admin | Mar 22, 2018 | Banking & finance, Controls, Financial controls, Information, North America

Update your knowledge of anti-money laundering and anti-terrorist financing obligations for accountants and accounting firms under the PCMLTFA legislation and its regulations, and receive additional guidance based on the results of FINTRAC’s past examinations.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the regulator in charge of Canada’s anti-money laundering and anti-terrorist financing (AML and ATF) regime, has indicated to Chartered Professional Accountants of Canada (CPA Canada) that the accounting sector’s AML and ATF compliance efforts require improvement. This alert provides a summary of the obligations for accountants and accounting firms under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its regulations, and examines the consequences of non-compliance.

The alert provides additional guidance based on the results of FINTRAC’s past examinations of accountants and accounting firms. The publication also directs readers to more detailed AML and ATF compliance guidance issued by CPA Canada in 2014, A Guide to Comply with Canada’s Anti-Money Laundering (AML) Legislation.

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INFO: The Good Bribe

by admin | Mar 22, 2018 | ABC terms library, Agriculture, Arms, defence & military, Banking & finance, Civilian aerospace, Consumer services, Fisheries, Forestry, Heavy manufacturing, Information, Information technology, Light manufacturing, North America, Oil and gas, Onboarding new employees, Pharmaceutical & health care, Power generation & transmission, Public works & Construction, Real estate, property, legal and business services, Telecommunications, Training, Transportation & storage, Utilities

Bribery is justifiably condemned, and is the object of a global legal
campaign. This article asks whether payment of a bribe can ever be
justified. In order to answer that question, the article first looks at three
tropes of reasons for criminalizing bribery: as a reflection of morality, to
preserve the connection between people and their government, and to
prevent harm. The article then examines and dismisses two common
excuses for bribery: the need to pay a bribe to conduct business, and the
optimal level of legal enforcement. The article then examines arguments
for paying bribes in authoritarian regimes, and concludes that such
arguments must be treated with caution. Finally, the article considers
bribes paid by Oskar Schindler to save the lives of Jewish workers.
Schindler’s bribes demonstrate that some bribes can be justified. Such
bribes do not present a new checklist for evaluating bribery, nor do they
represent a new trope of thinking. Rather, unique circumstances raise such
bribes above the rules against and concerns about paying bribes.

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