GoodBlog

(English) Complying with the Criminal Finances Act: 5 key things you can’t forget

The Criminal Finances Act (the Act) introduced two new corporate criminal offences which came into force in September 2017. One is failing to prevent the facilitation of UK tax evasion by associated persons and the other is failing to prevent the facilitation of foreign tax evasion by associated persons. Since then, organisations can be held…

(English) Developing an ethical future for AI

« The best way to ensure an ethical future for AI is to invent it together » – Dario Amodei, research scientist, OpenAI Despite the widespread use of artificial intelligence (AI) across a range of industries and services no country has established, as yet, an ethical or legal framework to govern its use and development. Although a…

(English) GDPR is not over

The 25th of May is not the finish line that many envisioned: GDPR is not over.  Elizabeth Denham, head of the ICO, describes GDPR compliance as an ongoing journey that requires continuous effort. She says that businesses “will be expected to continue to identify and address emerging privacy and security risks in the weeks, months…

(English) How does your ethics and compliance function compare?

Does your organisation have a stand-alone ethics and compliance function? What is the reporting line? How often does your organisation carry out due diligence checks on third parties? Does your organisation have an ABC-specific risk assessment progress? These are just some of the questions posed at the compliance programme benchmarking session moderated by GoodCorporation at…

(English) Assessing culture to become a key tenet of UK corporate governance

Following the publication of the new UK Corporate Governance Code last month, corporate culture looks set to become a boardroom issue. While most boards recognise the importance of culture, a survey of FTSE 350 board directors in 2016 found that only 19 per cent felt that the primary accountability for their company’s culture sat with…