Businesses today are operating in an era of dynamic models, digital innovation, rising regulations and enforcement. Today, the integrity of an organization has become an important driver and successful organizations should depend on their reputation for keeping promises, respecting laws and behaving ethically to maintain stakeholder trust.
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
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