Last week I came across a gem of a post over on ACL’s in-house blog, about the future of internal audit. One of the senior executives there, Dan Zitting, was talking about the premium that recruiters now place on audit executives who understand data analytics -- to the extreme that one recruiter told Zitting, “Frankly no one in management truly needs the services of the traditional auditor any more; what they need is the promise of Big Data to materialize.”
Brazil’s anti-corruption effort remains largely in tact, though at least two recent events begin to raise suspicions.
Singapore shut down the local operations of Swiss-based BSI Bank Tuesday and named six bankers suspected of possible criminal conduct in connection with the handling of a Malaysian government fund.
Job Title: Sr. Counsel – Financial Crimes & Investigations
Employer: Willis Towers Watson
Location: New York, NY USA
Every year since since 2002, Reporters Without Borders has published the World Press Freedom Index.
The president of oil-rich Azerbaijan and his two daughters own foreign luxury flats and homes -- three of them in London -- together worth $140 million.
The Financial Industry Regulatory Authority (FINRA) fined a former AML compliance officer and suspended her for failing to conduct required due diligence and periodic risk reviews of foreign financial institutions.
The Securities and Exchange Commission awarded more than $450,000 jointly to two individuals Friday for a tip that led the SEC to open a corporate accounting investigation and for their help once the investigation was underway.
Companies operating in emerging markets sometimes retain qualified government officials to provide services such as consulting or speaking. In some circumstances, particularly in developing markets, these services are necessary and can serve a company’s legitimate business needs.