In today’s fast-paced and increasingly regulated business landscape, compliance teams play a critical role in ensuring that organisations adhere to legal standards, industry regulations, and ethical norms. However, with the growing complexity of global regulations, evolving technologies, and shifting business models, regulatory compliance teams are facing more challenges than ever before. From managing a deluge…
Sam Bankman-Fried, the former CEO of FTX, a major cryptocurrency exchange, wasn’t just accused of fraud. He also faced charges of conspiracy to commit money laundering. Let’s break down what that means and how it might impact crypto regulation. The Money Laundering Charges: Prosecutors alleged Bankman-Fried diverted customer funds from FTX to his crypto hedge…
Scrutiny and accountability are the bedrock to positive regulatory outcomes. Without these measures, it would be impossible for regulators to perform their duties diligently in aiding a fairer and prosperous economy. However, one question that’s rarely asked is who regulates the regulators? This is a question recently raised by the UK House of Lords Industry…
Balancing compliance standards across new, emerging and existing regulation When it comes to the economy and the influences on the global stage, it has often been quoted “when the US sneezes, the rest of the world catches a cold.” Now, the European Union has its own influence on the world but in a different way….
Governance in the Public Sector Governance as a term is one that is regularly mentioned but rarely defined. Although it is something many know, it can often be tricky to define in a simple way. In general terms, it’s the system of rules, processes, and institutions that ensures a government and public organisations function effectively,…