Focusing the Compliance Kaleidoscope on Conduct

Focusing the Compliance Kaleidoscope on Conduct

How can Financial Services benefit from the experiences of other industries on conduct and compliance? As behaviour and conduct continue to move steadily up the business agenda, Impact on Integrity joins the 7th Annual ICA Annual Conference to explore the valuable lessons which can be learned, including: practical steps to embed ethics and transparency in local culture…even in banks! aligning on conduct with HR and other key functions transforming compliance from burden to profitability enhancer Here’s a “starter for ten”… ICA’s 7th Annual Conference: Looking Through the Compliance Kaleidoscope takes place on 18 March 2015 at the Andaz Hotel, London. This will address key topics in both regulatory compliance and financial crime compliance. The ICA understands the issues faced by professionals dealing with risk on a daily basis and has put together a compelling programme. Be ready for a colourful journey through a wide range of high-profile contemporary issues – a real glimpse through the Compliance...
Compliance sea change in Spain

Compliance sea change in Spain

Turning negatives to positives has always been close to our heart at Impact on Integrity España. It now looks like the rest of Spain is with us. Let me explain. Transparency International commented in their latest Global Graft Report that “corruption is everywhere in Spain”. Oh dear. On their latest Corruption Perception Index, taking in all players from lowly Somalia to mighty Denmark, Spain sits now in 37th spot – certainly a ‘could do better’ on this year’s report card. The Q4 political scandal season didn’t even make the print deadline for the 2014 GGR. For example, the Health Minister was sacked in November after being named as a “profit-seeking participant” in connection with the Gürtel corruption case. This was a case implicating various politicians in accusations of bribery, money laundering and tax evasion. The allegations related to party funding and the awarding of public works contracts by various regional governments including Madrid itself. Estimated cost to the public finances? At least €120 million at the last count. According to El País, the government delayed corruption reform on 27 separate occasions, and on 41 occasions it delayed reform to the penal code. All this led TI to label the situation here in Spain “overwhelming”. As this is election year, it is worth noting that TI’s 2013 Global Corruption Barometer reported that 83% of Spaniards felt their political parties were “corrupt or extremely corrupt”. Not much had improved for the voting public a year later then. This is supported by the Sociological Research Centre’s most recent Q1 2015 data for Spain. This shows corruption and fraud stubbornly holding onto second...

Compliance: Graphic Content Alert

Are you using graphic recording to boost the impact of your Compliance training? Well maybe you should be! Impact on Integrity has had the pleasure and privilege of working with Tom Russell‘s fabulous team at Inky Thinking in our Global Business Ethics Challenges (GBEC) in Paris, Madrid and London. The graphic from GBEC-London is shown above. It is fascinating to watch the creation of these graphics in real time during the sessions. GBEC participants are keen to see how these evolve right in front of them. The unveil at the end includes a summary of “what’s on the wall” and of the main learning points of the session. Afterwards, this provides a great takeaway for everyone involved and gives a far more attractive and accessible reference point than the written word. Warning: you may never want to see minutes of meetings ever again! In case you’re wondering, here’s the Star Wars trailer which inspired the above theme…the sky’s the limit when it comes to creativity on Compliance training! http://www.impactonintegrity.com...