Special Courts and their Plight

Special Courts are up to their necks deep in corporate fraud cases with serious offenses. In this mess of serious offenses, many routine procedural errors and lapses are piling onto the pending cases and cluttering the justice system for corporates. In a pursuit, to "de-clog" the system, a 10-man government-appointed committee chaired by Mr. Injeti Srinivas are looking to bring about radical changes by restructuring corporate offenses. This attempt also comes as pa

Increase Risk Management effectiveness by learning to deal with two organisational realities

Experimenting with Networked Risk Management[1] over a period of five years has shown that the ability to deal with multiple organisational realities can help to improve risk management. In some case it can also reduce the effort to do so, making valuable and usually scarce resource available to contribute to an organisations success. One of our observations is that using only a traditional view based on

Emergency situations like natural disasters, data breaches, fraud, and the like arise, by definition, without warning, leaving you little to no time to prepare. So how do you build a BCDR plan that is flexible to handle any situation and is always up to date without huge investments?

The hallmark of a successful BCDR program is leveraging the information you already have to discover the potential impact and remediation tactics for an anticipated disaster. So, if you’re collecting information arou

It’s been a rough two years for Wells Fargo.

Ever since the existence of the bank’s massive cross-selling scandal came to light in 2016, Wells Fargo seemed to be trapped in a downward spiral of failure after failure in risk management. In 2016, we were the first to identify the root-cause of the cross-selling scandal as being a failed risk management program, and correctly predicted there would be more Wells Fargo risk management mishaps in the future.

In 2018, regulator investigations finally con

Solving Quantifornication has the benefits of countering fake news, avoiding poor decisions based on a poor risk assessment and learning to pose the right questions.

LIMITED SPECIAL DISCOUNT !

Register with the code GDIS30 for all types

register at following link: gdis.eventbrite.com

Silicon Valley Business Institute (SVBI) is going to hold Global Disruptive Innovation Summit (GDIS) on October 1st at Santa Clara Convention Center. We assembled experts from different vertical fields; from information sharing and experiences exchange, to form heated discussions on the most controversial topic at present. This event will focus on particular tasks/projects in block

Many might be unaware, but the idea of implementing GST in India was introduced under the leadership of the Late Shri Atal Bihari Vajpayee. He appointed an Empowered Committee(EC) in the year 2000, and the committee was tasked with drafting the GST laws. Their and several other's efforts combined finally came to fruition in the year 2017 with the adoption of the Good and Services Tax(GST) Act, 2017. Following the 1st of July, 2017, GST has been in full operation and it seems to have restored ord

“Before you can run, you need to walk” - Crawl Even.

These 10 tips on managing cash flow will bring you back down to earth - so your business can fly.

Whether one is working for a startup, or he is startup himself, most of the businesses fail because of lack of cash. It has been seen numerous times that the startups try to distend their businesses. And since they do not track their cash flows, they realize one day that their long-term runway has reduced to a limited now. If all the star

Have you started you a new food business but unable to run it for long? Are you wondering why it foils down when you have never left any recoupment of money invested? So here is your answer, Anyone can start a food and beverage business but there are very few who did not end up with fail. This article will help you to know what are the points that should be kept in mind while establishing a food and beverage business so that it will not make you disappoint and take you to the zenith of success.

F

August 7th Tuesday, the Lok Sabha passed 4 new bills in an attempt to GST procedures with a focus on empowering the MSME(Micro, Small and Medium Enterprises) sector. The government is also targeting to plug loopholes in existing laws and lightening ROC compliances requirements described as ‘complex’ by many a business owners. The new return filing system is expected to be put in place by the revenue department by January 2019 and would actively replace the current GSTR-3B and GSTR-1 returns.

In a

When it comes to background checks, the National Crime Information Center is the gold standard. It is only available to law enforcement agencies and is the most accurate and complete database tracking convictions and arrests in the US. That sounds pretty great, right? Unfortunately, it’s not all as it seems.

The Department of Justice

The Department of Justice recently released a report based on a two-year study of convictions and arrests from 2016. The report shows that a very low percentage of co

https://mediaexplorers.lpages.co/onfido-webinar-fraud/

Hi,

If you're working in Risk Management, I thought that you might be interested in joining the webinar on Fraud and Future of Digital Onboarding delivered by our partners at Onfido.

If that's the case please register via the link below https://mediaexplorers.lpages.co/onfido-webinar-fraud/

or reply in the comments and I will register you manually. 

Join this webinar with Parker Crockford to learn:      

• What new CDD and KYC regulation

What should we think while naming a business?

An ideal business name contains the key elements of your company for forging ahead in the business world. Sometimes, people make such an unconventional name of their company that it become so hard to remember. An eccentric or long name can indeed undermine your audience's ability to search for it. Short names are preferable than the long name of a company. The name of a company is the identity which is as crucial as attracting the customers in the com

On 8 November 2016, the Prime Minister unexpectedly scrapped Rs. 500 and Rs. 1,000 notes - accounting for 86% of cash, to what he tagged as the step to scrap-out black money and fake currency in the system. The primary aim was to retrospectively punish the tax evaders, fight counterfeiters, and stop terror financing activities. But unexpectedly almost all the bank notes were deposited in the bank accounts.

The bottom-line is that people have not only managed to convert their non-taxed income at

Cyber criminals are constantly trying to stay one step ahead of the good guys, and there is now another scam out there that you should know about: synthetic identity theft. Basically, the criminals take information from someone, and then make up the rest. They also often use fake Social Security numbers, called CPNs, or “credit profile numbers,” or names.

This type of identity theft shows us that our credit system is more vulnerable than we might think. Basically, it is easy to create a credit fi

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