International Fraud Awareness Week is observed every year to raise awareness and educate stakeholders on the repercussions of fraud. This year, “Fraud Week” is from 17-23 November 2019, and EY Forensic & Integrity Services along with the Association of Certified Fraud Examiners (ACFE) Mumbai Chapter are supporting the global cause. Held under the aegis of … More Promoting anti-fraud awareness during Fraud Week 2019
Global and Indian organizations have been under intense regulatory scrutiny on account of potential lapses in compliance or corporate governance, and an influx of fraud, bribery and corruption cases. Enforcement action has stepped with regulators such the US Department of Justice (DOJ) and Securities and Exchange Commission (SEC), UK’s Serious Fraud Office and Financial Services … More Unveiling fraud reporting trends in listed companies
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
Every parameter is pointing toward mobile phones replacing bank branches, ATM cards and much more. But are telecom companies ready to take the consumer onslaught and ensure safe transactions?
France recently enacted the amended SAPIN II Bill in an effort to be in tune with global anti-corruption regulations. SAPIN II bill introduces multiple measures to combat bribery and corruption among corporates and charts a holistic path to drive compliance. The legislation extends to foreign jurisdictions and calls for prosecution of foreign companies whose entities … More Battling corruption through France’s SAPIN II Bill
“Corruption affects the growth of a nation, reduces the Government’s income and creates inequalities in distribution of income and wealth. It is a major factor hindering development”, was the Indian Prime Minister’s stance on the ongoing ‘Vigilance Awareness Week’. He further went on to elaborate that corruption needs to be treated like a ‘disease’ and … More Prevention better than cure: the ‘Vigilance Awareness Week’ mantra
In our last segment of EYPerspecTV with Mr. Vinod Rai, former Chairman of United Nations Panel of External Auditors and 11th Comptroller and Auditor General (CAG) of India, we discussed the new Companies Act 2013 and debated on the role of whistle-blowing in India. In the second segment of this three part series, Mr. Rai gives guidance to private … More EYPerspecTV – Interview with Vinod Rai (Part 2)