It seems like every year something arises which challenges the spirit of Christmas. Most are handled with aplomb by Santa and his magical elves but every now and again something comes along which requires a major change in the way the jolly fellow operates.
The Bill represents the latest commitment by the Government to address Australia’s obligations under the OECD Foreign Bribery Convention, and make it easier for Australian prosecutors to prosecute foreign bribery.
The Australian financial services market must adapt to the increasing pressures from consumer expectations and complaints handling is a key area for ASIC to inspire renewed faith in the market.
Today’s organisations are facing a more complex regulatory environment, changing demands from shareholders and a razor sharp focus on trust, integrity and culture.
At a time where digital transformation is making individuals, businesses and governments increasingly vulnerable to cyber-crime, Australia has a severe cyber security skills shortage.
Trust in institutions has plunged over the past twenty years. The community’s belief in political structures, in banks, in religious institutions, in corporations – has dropped. In the corporate world…
The inaugural KPMG Global Banking Fraud Survey has found that 61 percent of banks have reported an increase in external fraud in value and volume over the past three years.
Back in 2016 we highlighted a scam in Australia favoured by external fraudsters that appears to involve organised criminal elements. We’re still seeing variants of this fraud some of which are succeeding.
While rebuilding public trust is a long game, business leaders can demonstrate successful progress and outcomes to stakeholders through integrated corporate reporting. Integrated reporting is a concise communication about how…
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