Tuesday, 12 September 2023
WIIFM?
What's in it for me? This acronym has become important in the business world. It's the question all employees ask when they hear there is another piece of compliance training they need to complete by a specific date or a compulsory meeting or presentation that needs to be attended.
Monday, 21 August 2023
Sitting behind your computer doesn't always equate to a productive environment - in fact, it can be quite the opposite. Emails, social media, browsing the web, and even phone calls make it easy to lose focus and see time slip away. Most of the time, we don't even realise how many distractions grab us, nor do we notice how much better we could be at completing our work and maintaining a constant productivity.
Friday, 28 April 2023
People, process and technology are some of the key components in the financial crime process control environment. Processes and technology do as they are programmed to do; people however are less predictable in following instructions. In the financial services industry, process control implementations typically address processes and technology, while the Change Management component and its focus on the human aspect of process change is receiving increased attention. But is change management enough?
Tuesday, 31 January 2023
The FATF (Financial Action Task Force) grey-listing of a country is a designation given to countries that do not fully comply with international standards for combating money laundering and terrorism financing.
Thursday, 12 January 2023
We at FCRMC wish all our friends and business partners the very best as we navigate the new year together. 2023 promises to be an eventful year for both South Africa and those beyond our borders, through the rest of the continent.
Thursday, 17 December 2020
As we all prepare for the death throes of 2020 in what has proved to be one of the most challenging of recent times, the Financial Action Task Force and Egmont Group recently published a report dealing with trade-based money laundering trends and developments aimed at challenges encountered by the public and private sectors.
Wednesday, 16 December 2020
Our operating environment has changed, no doubt about it! - both in terms of our personal space and business operations. Many of us are currently working from the confines and solitude of our homes, either temporarily or permanently - COVID will tell! We