The FinCEN Files: Leakers and Whistleblowers Combating Economic Crime

  *** Download the article as a PDF *** Introduction Following a series of damning and damaging leaks from the financial services industry over the past several years, there has been a commitment to alter conduct and ensure accountability within the industry, however, following the latest FinCEN leaks it is evident this is not the … Continue reading The FinCEN Files: Leakers and Whistleblowers Combating Economic Crime

Fighting fraud during the COVID-19 pandemic: A CSR-based approach

Download the article as a PDF Introduction In the midst of the COVID-19 pandemic, fraudsters and scammers have taken the maxim “never waste a good crisis” to heart.  With anxiety and uncertainty rampant, consumers are highly vulnerable to fraud and deceptive economic practices. A report in the Wall Street Journal noted that the U.S. Federal … Continue reading Fighting fraud during the COVID-19 pandemic: A CSR-based approach

Death from the inside: An analysis of the murderous business strategy of Takata corporation

* The editorial board would like to give a special thank you to Takata's whistle-blower - Mark Lillie - for checking for inaccuracies in this post *   Takata Kabushiki Gaisha (Takata Corp) was a company established in 1933 by the Takada family which manufactured automotive parts such as seatbelts, airbag systems, child restraint systems, and … Continue reading Death from the inside: An analysis of the murderous business strategy of Takata corporation

Is Artificial Intelligence the future of Anti-Financial Crime?

Introduction While several types of economic crimes exist, this article will focus only on money laundering, fraud, and corruption. The general framework of the study that has inspired this post was based on a comparison between the traditional methods of financial crime detection and the "new" ones that entail the use of artificial intelligence. Specifically, … Continue reading Is Artificial Intelligence the future of Anti-Financial Crime?

Anti-corruption corporate white list: A further step towards the establishment of good corporate citizenship?

Acting as an international expert in the area of corruption and good governance for the Council of Europe - Directorate General Human Rights and Rule of Law, I have recently been given the honour of working within the project CLEP (Controlling corruption through Law Enforcement and Prevention), which aims at supporting the reform of the … Continue reading Anti-corruption corporate white list: A further step towards the establishment of good corporate citizenship?

Compliance programs as a way to foster good corporate governance in the financial sector (video)

A new video lecture of the series Digital CSR is now available. It was a privilege to host a special guest lecture within my Corporate Governance module at Coventry University Law School, which was delivered by Gabriella Margherito and Michael Knight-Robson that are two recognized experts in anti-financial crime compliance in the banking sector. The lecture, … Continue reading Compliance programs as a way to foster good corporate governance in the financial sector (video)

The Competition and Markets Authority’s compensation campaign: Is the UK on the way to adopting an award system for corporate crime reporting?

This article has been inspired by the discussion that took place during the international conference "Whistleblowers: Voices of Justice" that was held in London on the 10th of May 2019. The awarding of whistleblowers is a subject that has always presented two polarising views. On one hand, the view is that whistleblowers should be compensated … Continue reading The Competition and Markets Authority’s compensation campaign: Is the UK on the way to adopting an award system for corporate crime reporting?

Report on the International Conference “Whistleblowers: Voices of Justice”​, London, 10 May 2019

I dreamed of organizing an international conference on the protection of whistleblowers since 2015. Such a desire was also driven by the idea of paying a special tribute to Daphne Caruana Galizia and the other 1342 journalists killed from 1992 to 2019 for motives directly related to their investigations, as well as to all whistleblowers … Continue reading Report on the International Conference “Whistleblowers: Voices of Justice”​, London, 10 May 2019