Part 3: How do we measure Culture?

Part 3: How do we measure Culture?

In PART 2 of the Courage, Culture and Conduct series, Patrick Butler shared his views on courage as the foundation of a value-focused culture  >> READ HERE The question we are most often asked at the Conduct and Culture Academy (CCA) is, “how do you measure behaviour,...
Seaborne Freight: the deal fraught with red flags

Seaborne Freight: the deal fraught with red flags

At the end of 2018, a £13.8m contract was awarded to a ferry company, Seaborne Freight, in preparation for the potential consequences of a ‘no-deal’ Brexit. The company is expected to run ferry services between Ramsgate and Ostend from March onwards. However, in a...
Is it time to PEP up your Due Diligence Process?

Is it time to PEP up your Due Diligence Process?

In 2017, Parliament passed the Money Laundering Regulations (MLRs) on the back of the EU’s Fourth Money Laundering Directive (4AMLD). With the aim of tackling terrorist financing and money laundering, the MLRs represented the government’s push to encourage businesses...
Part 1: Fear as an Impediment to Success

Part 1: Fear as an Impediment to Success

The behavioural theories that underpin the regulators’ approach to mitigate misconduct, are also fundamental to driving success. If we focus on the behaviours that drive value in the long term, this will align interests of employees, managers, boards and shareholders...
The Bigger Picture for Banks: OSINT meets AML

The Bigger Picture for Banks: OSINT meets AML

Between 2-5% of the global GDP is laundered globally in one year, amounting to approximately $2 trillion in current US dollars, according to an estimate by the United Nations Office on Drugs and Crime. In the UK alone it is estimated that British banks spend £5bn each...