Regulators are pressuring retail compliance teams on supply chains, shifting sanctions and tariffs, sustainability, and digital commerce. Rising cyberattacks heighten data security concerns, while large retailers push legal and commercial requirements down their supply chains.
Europe
Posted inEurope
Compliance should prepare for more ESG reporting as global pressure rises
Most major organizations are not changing their ESG reporting plans, despite โregulatory ambiguityโ, according to a report by consultancy KPMG. The researchers say this indicates market expectations are driving action as much as legal requirements.
Posted inEurope
Inside a Dark Pact: A timeline of events
Amid Syriaโs descent into civil war, Lafargeโs quest to keep its $680 million cement plant running led to secret deals with terroristsโand ultimately, a historic U.S. Department of Justice prosecution for aiding ISIS.
Posted inEurope
Inside a Dark Pact, Chapter 3: Danger of their own making and a critical series of missteps
Paris-based cement maker Lafarge thought it was saving a plantโinstead, it built a pipeline to the Islamic State of Syria.
Posted inEurope
Inside a Dark Pact, Chapter 2: Background and Evolution of a Scheme
Middlemen were used and invoices were falsified, but the trail remained. French cement maker Lafargeโs Syrian cement plant began as a business in a war zone, but it soon spiraled into a revenue-sharing agreement with ISIS thatย led to historic charges of financing terrorism.
Posted inEurope
Inside a Dark Pact, Chapter 1: Lafargeโs Terrorist Funding and Compliance Fallout in Syria
Compliance Weekโs latest case study investigates French cement maker Lafargeสผs collapse into criminalย conduct detailing how sidelining ethics andย compliance can lead companies into dangerousย territory. What began as โlocal concessionsโย ended in funding terrorismโand a historic legalย and reputational disaster.
Posted inEurope
Digital wallets to speed up regulatory checks for recruitment, property transactions
You can already buy a coffee with your phone, but soon you could start a job or buy a house with it. Digital compliance wallets holding certificates and documents on smartphones are gaining traction worldwide.ย
Posted inEurope
EU targets crypto, fintech firms in push to tackle money laundering
Europeโs banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulatorsโ approaches are often inconsistent and unclear.
Posted inEurope
Digital wallets should speed up compliance, but companies must focus on trust and security
The EU has one, the U.K. is getting one, many U.S. states are working with Google and Apple to provide one, and now industry sectors are developing their own digital wallet.ย
Posted inEurope
Compliance in the spotlight as tariffs, sanctions turn into geopolitical weapons
Navigating tariffs and sanctions is becoming a core part of compliance for many companies. As the U.S. and others use economic policies for political aims, compliance teams must adapt to this new geoeconomic trend.
