Enhancing compliance still a challenge for businesses in India and Germany

Over the years, Germany and India have emerged as strong trade partners due to mutual co-operation over foreign policy matters, investments, and common values on democracy and free trade. Cross border collaboration has deepened over time and in May 2017, Germany and India signed 18 MoUs in key areas such as defence manufacturing, trade, intelligence … More Enhancing compliance still a challenge for businesses in India and Germany

Bolstering cross border enforcement through the US DOJ’s policy to address “piling on”

The last few years has seen a conspicuous rise in fraud and corruption cases across the globe. Governments and regulators alike have indicated that the commitment to combat growing corporate misconduct should be improved which would augur well for businesses worldwide. This further led to the introduction of numerous regulations, establishing enforcement agencies and actively … More Bolstering cross border enforcement through the US DOJ’s policy to address “piling on”

Occupational fraud continues to escalate – ACFE Report 2018

Fraud poses a tremendous risk and threat to organizations of all types and sizes, acting as a roadblock in their journey toward rapid growth. Among the various kinds of fraud that corporates face today, occupational fraud is likely the largest and most prevalent. To understand how occupational fraud is committed, detected, who commits it and … More Occupational fraud continues to escalate – ACFE Report 2018

Fraud, bribery and corruption continues to be a global threat: EY Global Fraud Survey

Increased enforcement action, changing regulations and adoption of new technologies has transformed the risk landscape, leading to increased vulnerabilities. EY’s 15th Global Fraud Survey 2018, Integrity in the spotlight – The future of compliance stated that despite rising global enforcement, fraud and corruption continue to be one of the greatest threats to businesses worldwide. While … More Fraud, bribery and corruption continues to be a global threat: EY Global Fraud Survey

Monitoring fraud and compliance risks are key to transform the Indian auto industry

The auto industry is undergoing rapid changes, operating in an increasingly complex and dynamic global landscape. There is a heightened focus on sustainability and innovation, resulting in auto companies forging strategic partnerships with stakeholders (employees, investors, vendors, sub-contractors and peer groups) based on mutual goals.

Corruption is still a significant obstacle for growth

The annual Corruption Perceptions Index (CPI) by Transparency International (TI) ranks countries and territories by their perceived levels of corruption and scores them on a scale of 0 to 100, where 0 means highly corrupt and 100 denotes being very clean. 2017 marked its 25th anniversary, and this year’s index analyzed perceived corruption levels with … More Corruption is still a significant obstacle for growth

IT-ITeS sector – Evolving through fraud risks and governance challenges

The Indian information technology and technology enabled services (IT-ITeS) industry continues to benefit significantly with an uptick in private equity investments. According to a report by Venture Intelligence, private equity investments in the sector rose in 2017, accounting for 46% of the investment value and growing by 140% to $11.4 billion. Today, the IT-ITeS sector … More IT-ITeS sector – Evolving through fraud risks and governance challenges