Selective Distribution System

It is a system in which a supplier deals to only approve distributors who meet specified minimum criteria, and the distributors themselves agree to deal only those within the approved network.

Companies operating in the field of luxury and fashion adopts the selective distribution system. For them, it is one of the key factors in the process of evaluation.  It allows the trademark owner to protect the prestige and renown of its brand and to guarantee the quality of th

Compliance management has always been a complicated task, but technology has helped make it easier. We are finally seeing the rise of Fintech (financial technology) and Regtech (Regulatory technology). These technologies are designed specifically for the financial industry and for dealing with regulations respectively. Compliance management comes under Fintech and is quickly becoming an essential technology for companies that want to innovate and succeed in today’s harsh and dynamic business env

We need data we can trust so that we can build trust using data. However, it is not as easy as it sounds. 

The Dreamland of Startups

The world of startups make for an exciting and attractive work environment, well, almost. Whether it's a new invention/innovation or a revolutionary solution to an existing problem of society, work can get pretty intense at a startup. It's easy to overlook a lot of the "legal stuff" which can hurt in unforeseeable ways immediately after you have done your company registration. In this piece, we are going to look at how startups can avoid "being served" by staying on the

It seems like 2017 broke records for all the wrong reasons…one of them being the worst year for data breaches in history.

According to reports, hacking was the most common way to collect this data, but almost 70% of exposures occurred due to accidental leaks or human error. This came down to more than 5 billion records. There were several well-known public leaks, too, including the Amazon Web Services misconfiguration. More than half of the businesses using this service were affected, including c

Compliance management systems are becoming a common sight in the financial sector, not just because of how well they perform, but also because of the excellent ROI they generate. If an organization is worried about the costs of implementing a compliance management solution, here are three reasons they shouldn’t be.

1.     Compliance related fines and damages are reduced

The most obvious and the most direct effect is on compliance related fines. When regulatory bodies find a compliance issue and de

Too many business leaders lack an appreciation for numbers and of science in general. Whether it be data or the value of scientific processes such as hypotheses testing and experimentation.

What is also missing in many leaders is a vivid imagination. It is an absolute prerequisite to lead in this modern and complex world of ours.

The figure represents what it means to be a great leader in complex times.

To lead effectively, business acumen is a must. However, just being business savvy is not enough

You have probably heard the story before. Teenage girl takes some scantily clad photos and sends them to her latest boyfriend. “What could go wrong?,” she thinks. Well, a lot could go wrong, and an article on Vice.com really lays that out. You might think that the boyfriend is to blame for this 15-year old’s photos spreading like wildfire, but the truth is this: he deleted them soon after getting them…the photos got out because the teen kept them on her phone and some classmates took that phone.

Connected Claims Europe 2018 returns to London this October (29^th & 30^th) to welcome 250+ senior insurance claims executives. The event is focussed on uncovering how insurers are taking steps to re-engineer the claims function to raise operational efficiency and improve customer experience.

Now is the time for claims to realise the potential that technology offers to satisfy the high expectations of the modern client and drive operational efficiency. The claims process is changing for the better

In recent blogs I have been urging you to stand in the shoes of those you wish to influence. Recently I read a blog by futurist Gihan Perera that gave another reason to urge you on. In his blog There’s an ‘I’ in Team he reminds us that the young new entrants to our workforce have a very different WIIFM (What’s in it for me?) than new entrants of past decades. Gihan talks about their wishes including the need for identity and personal development. 

So they won’t care what you think unless you can

Oracle ADF (Application Development Framework) is an end to end Java EE framework and open-source technologies to simplify and advances in implementing enterprise applications. It is relevant for enterprise developers who wants to create applications that search, modify, create, display and validate data using web, wireless, mobile and desktop interfaces.

What is ADF ?

ADF is the Java EE Application Development Framework from Oracle which allows developers to develop rich, firm standard Java web a

Introduction - One Day Company Incorporation

The procedure for company incorporation is provided under Section 7 of the Companies Act, 2013. Companies (Incorporation) Rules, 2014 which came into effect from 1st April 2014 was framed by the Central Government for the purpose of company incorporation. There are Rules prescribing various Forms that are to be used for the incorporation of a Company.

With the introduction of Companies Incorporation Fourth Amendment Rules 2016, with effect from 02/10/20

The expression ‘Out of the mouths of babes’ recognises children’s unique ability to cut through layers of adult rationalisation to express something fundamentally wise and true. Here I want to substitute Belgians for babes. 

Last week I wrote about standing in the shoes of those you wish to influence. I confess, I have written about it before. And when I did one of my regular readers, who lives in Belgium and is Belgian, replied. Take it away Didier Verstichel:

'In French we have a saying. Before

Since 2015, Chipotle has suffered multiple scandals of food-borne illness. The latest Chipotle outbreak has left more than 700 people ill. What does the Mexican grill have yet to learn?

In my last blog, “Hey, Chipotle, Can You Say Risk Management Rehab?” I took a look at the company’s timeline, and more specifically asked the question as to whether changing their CEO structure twice in less than two years was really the answer to their spicy woes.

This latest Chipotle outbreak, which has been ongo

In the last few years, the Government of the USA has considered stopping the need for listed companies to report their results on a quarterly basis. In the recent elections, Ms Hillary Clinton made a strong pitch to move away from Quarterly Capitalism and Mr Bernie Sanders endorsed expert opinion on the ill-effects of quarterly capitalism. Three primary factors that drive the vote against quarterly reporting are (1) it imposes short term view of business and when coupled with short term governme

Compliance management systems are becoming a common sight in the financial sector, not just because of how well they perform, but also because of the excellent ROI on them. If your organization is worried about the costs of implementing a compliance management solution, here are 3 reasons they shouldn’t be.

Compliance related fines and damages are reduced

The most obvious and the most direct effect is on compliance-related fines. When regulatory bodies find a compliance issue and determine that th

The GDPR is the strictest set of data protection rules any nation has published, featuring some of the most severe penalties connected to data privacy seen yet. Now that the compliance deadline has passed, we started to wonder about GDPR readiness. How are companies stacking up to the new regulation?

We compiled a host of GDPR statistics to answer that exact question, alongside some quick facts about what this new regulation is asking of international companies. 92% of US-based multi-national com

Complimentary Financial Risk and Regulation Publication – Written by the Industry, for the Industry…

Risk Insights Magazine, Issue Eight (70+ pages of articles, interviews and video insights).

Issue Eight features insights on:

Technology Innovation | Regulatory challenges | Vendor & third-party risk | Operational risk | IFRS 17 | Liquidity risk.

With authors from the industry’s leading Financial Institutions, including:

Prudential | UBS | HSBC | Nordea | Barclays | National Fraud Intelligence Bure

It is a slightly cryptic clue. I love the way you just have to have a peak at my blog when I come up with an interesting enough title! I’ll give you a bit more of the clue. She played Belle in the movie Beauty and the Beast. Now to my point.