On April 30, 2018, the Hong Kong government published its first Money Laundering and Terrorist Financing (ML/TF) Risk Assessment Report. The publication of the risk assessment precedes an expected Financial Action Task...
Archive - May 2018
Carol Beaumier
Petr KrandaMaintaining Staffing Equilibrium With a Flexible Workforce
Veterans of finance and accounting recognize that as the business world moves forward, an accelerating rate of change calls for similar speed, flexibility and innovation in the finance department. Along with this...
Jay Thompson
Melissa ShipmanGDPR and EU AML Directives – A Regulatory Tug-of-War?
The impact of the General Data Protection Regulation, effective 25 May 2018, will be felt for some time to come. One area where GDPR will present a significant ongoing challenge for the financial services industry...
Bernadine ReeseHidden Vulnerability: GDPR Data in Unexpected Places
The European Union (EU) General Data Protection Regulation (GDPR) — one of the most comprehensive data privacy regulations in history — is scheduled to become effective this week (May 25, 2018). This regulation imposes...
Scott Laliberte
Katie StevensCAQ’s New Cybersecurity Risk Management Oversight Tool: A Protiviti Analysis
Cybersecurity is among the most critical risks that organizations need to address today. Management and protection of data, availability of critical systems and infrastructure, and the risk of cybersecurity threats are...
Consumer Products & ServicesEnergy & UtilitiesFinancial ServicesGovernmentManufacturing & DistributionRisk ManagementTechnology, Media and Telecommunications (TMT)
Reality Check: Global Risks, Unexpected Opportunities on the Rise
We are living in an unusual time. Never before have I witnessed such a dynamic, fast-moving, unpredictable environment. With natural disasters and food and water shortages displacing millions of people around the globe...
Jason DailyTime for Technology Companies to Commit to Women in Leadership Roles
In the digital age, technology companies face relentless pressure to innovate before they are out-innovated or wholly disrupted. But many tech firms, by not making a concerted effort to assemble diverse leadership —...
Gordon Tucker
Susan HaseleyU.S. Beneficial Ownership Rule: Two Exceptive Relief Rulings in the First Week
On the same day – May 11, 2018 – that FinCEN’s Customer Due Diligence rule, commonly referred to as the beneficial ownership rule, became effective, FinCEN issued exceptive relief from the beneficial ownership...
From User Provisioning to Invoice Processing and Supplier Screening: The Opportunities of RPA Do Seem Endless
I sat down earlier this week with one of my colleagues to discuss the possibilities of RPA that we, here at Protiviti, are really excited about – listen to our conversation below and let us know your thoughts. Share...
Tony AbelKeeping Up With Sanctions Compliance – The UK’s Evolving Approach
A few weeks ago, Protiviti hosted a breakfast briefing in London, focusing on the topic of the rapidly evolving financial sanctions regime in the UK. David McLean, Joint Deputy Head of the Office of Financial Sanctions...
