The Money Laundering Files: Glencore Pays Record £281m for Bribery in Africa

Many organisations discuss gender equality and promoting women, particularly older and more experienced women. But what does this look like in practice? What are the practical steps to supporting older women in the workplace, and how can barriers to success be overcome?

One highly effective strategy is making your organisation menopause friendly. Older women are one of the fastest growing in today’s workplace, and research has shown that nearly two-thirds of women have taken time off work due to their symptoms, with some even leaving their jobs due to not being supported in their workplace.

In this episode, VinciWorks compliance experts will take you through the steps your organisation can take to become menopause friendly. From implementing a menopause leave policy to environmental factors affecting a workplace, this session will inform you on why making your organisation menopause friendly is a cost-effective, impactful and necessary initiative.

The episode will feature an interview with Dr Rebecca Lewis from the highly respected Newson Health Menopause and Wellbeing Centre.

This episode will cover:
- The basics of menopause as a diversity and inclusion issue
- Building a coalition for progressive menopause change in an organisation
- Countering common myths, stigmas and stereotypes
- Top tips for implementing a menopause leave policy
- Tackling environmental, organisational and cultural factors on menopause

• The field of economic sanctions has been growing increasingly complicated in recent years, and the past year was a historic and transformative period for the use of financial sanctions on both the global and UK levels, with Western nations launching an unprecedented line of sanctions against Russia as a result of its invasion of Ukraine in February 2022.
  
  Recent conflicts such as the Hamas-Israel war in response to Hamas’s October 7 massacre, the Russian invasion of Ukraine, as well as events in Iran, China and other countries, have grabbed global headlines. These events have sparked waves of new laws and regulations around the world, from sanctions to tougher economic crime compliance rules.
  
  All businesses must comply with financial and trade sanctions and companies must be able to prove that they are properly screening for sanctions. Failure to comply with screening requirements can carry stiff penalties reaching into the millions per infraction and any sanctions breach, even accidental, is a crime.
  
  This episode will cover:

• Recent sanctions issues and key compliance challenges and what to be aware of in the present volatile international landscape.
• The creation of the Office of Trade Sanctions Implementation (OTSI), the UK’s newly created body that will be responsible for the civil enforcement of trade sanctions, including those against Russia.
• The ever-relevant crossover between sanctions, terrorist financing, and AML, which has become increasingly important as the world faces rapidly evolving geopolitical challenges.
• The effectiveness of financial sanctions in general and those against Russia in the past two years in particular.
• Cases of sanctions breaches and consequences.
• Tips for sanctions compliance for both regulated and non-regulated businesses.

In this episode, we explore the vast implications of the EU AI Act, the world’s first comprehensive AI regulation.

With this legislation, the EU hopes to create a framework to regulate AI systems across the EU. But the Act will impact companies who do any business in the EU, and, similar to the General Data Protection Regulation (GDPR), the AI Act will likely set a global standard.

This episode will provide key background on how the AI Act was developed, its main elements, including an understanding of its risk-based approach, and critical advice on what companies must be aware of.

Importantly, we focus on how companies can prepare to comply.

This episode will feature:

• A basic understanding of the AI Act
• How it will likely impact your company 
• The impact of GDPR on AI – and why that matters 
• How you can prepare – and when you need to
• Future trends in AI regulation around the world

The episode features the VinciWorks compliance team and a legal GDPR / AI expert.

Under UK law, a corporation can face criminal prosecution if it fails to prevent certain actions from being undertaken by its employees, associates or even contractors.

In this episode, we explain what this new corporate criminal offence means, what kind of fraud is covered, and how to comply with the ‘failure to prevent’ provisions.

• Try our new customiseable collection of Fraud courses: https://bit.ly/fraud-courses 
• Download our guide to Tax Evasion: Failure to Prevent: https://bit.ly/tax-evasion-guide

This episode dives into the top compliance trends to set your agenda for 2024. We’ll also delve into key compliance issues we expect to see in areas like anti-money laundering, diversity and inclusion, and sustainability. We’ll review key pieces of legislation we’re tracking in the EU, US and UK.

• Try our customisable AI compliance training courses for free: https://vinciworks.com/courses/artificial-intelligence/ 

• Download our free Top 10 Compliance Trends 2024 Guide: https://bit.ly/2024-compliance-trends-guide 

• Download our free Guide to Mental Health and Psychological Safety: https://bit.ly/psychological-safety-guide 

• Download our free US Corporate Transparency Act Guide: https://bit.ly/corporate-transparency-act-guide 

• Download our free Guide to the Foreign Subsidies Regulation (FSR): https://bit.ly/fsr-guide 

This episode discusses the taboo subject of menopause, specifically how menopause impacts the workplace. We go into the undeniable stigma around this topic, why it is important for businesses to offer more support to their employees, and how they could go about this.

Resources:

• Try our customisable GDPR and data protection training courses for free: https://vinciworks.com/courses/gdpr/

• Download our free guide to World Menopause Day: https://bit.ly/4arwWdm

• Learn more about our customisable Workplace Diversity Questionnaire: https://bit.ly/48n7Vhr

GDPR presents not just a single compliance challenge - how to get policies and procedures right - but an ongoing plethora of overlapping priorities that must be dealt with at various levels of the business. From implementing technical measures, tracking data subject requests and putting in place incident breaches registers, there is never an ‘end’ point to GDPR compliance.

However, automation of various data privacy and technical security tasks can vastly improve compliance efficiency and, more importantly, provide evidence of how your organisation complies with GDPR. 

In this podcast, join our experts as they discuss:

• The key GDPR compliance challenges for different types of organisations
• What is automation in compliance, and how does it work?
• What kinds of GDPR tasks can be automated
• Making the most of GDPR and automation
• How to save your organisation time, money and hassle with automation tools

Resources:

• Try our customisable GDPR and data protection training courses for free: https://vinciworks.com/courses/gdpr/
• Download our free guide to Managing GDPR: https://bit.ly/3QZ2qhV
• Register for a free demo of the GDPR Registers Solution: https://bit.ly/3QUM0qO

Gary and Nick from VinciWorks continue looking at the UK government's planned changes to how money laundering regulations are supervised and enforced. With four options on the table, from increased powers for OPBAS to an entirely new public sector regulator, what might these changes mean for the regulatory sector?

Resources:

• Try our AML compliance training: https://bit.ly/AML-courses 
• Learn more about our AML onboarding Omnitrack solution: https://bit.ly/AML-onboarding-solution  
• Download our free resource on AML compliance - What financial services firms need to know about ongoing monitoring: https://bit.ly/finserv-ongoing-monitoring  

What's the latest on the UK government's planned changes to how money laundering regulations are supervised and enforced? 

Reform of the AML/CTF regime is coming, with the government proposing four potential changes, from increased powers for OPBAS to an entirely new, public sector regulator. What will be the impact of the regulated sector of these changes, and what is your preferred model?

Resources:

• Try our AML compliance training: https://bit.ly/AML-courses
• Learn more about our AML onboarding Omnitrack solution: https://bit.ly/AML-onboarding-solution 
• Download our free resource on AML compliance - What financial services firms need to know about ongoing monitoring: https://bit.ly/finserv-ongoing-monitoring 

For health and safety professionals, the challenge in today’s workplace is ensuring health and safety remains a top priority in a world of overlapping crises when many people are struggling to make ends meet. Health and safety has never been more important when an accident at work could leave people in an even worse position.

In this podcast, join our experts as they discuss:

• The impact of inflation and cost of living crisis on health and safety infrastructure
• Recent cases and statistics of H&S challenges for businesses
• Best practice in health and safety training and compliance
• The risks to organisations in letting health and safety compliance slip
• Lessons from compliance priorities in challenging times

Resources:

• Try our Health and Safety training courses: https://bit.ly/HealthSafetyCourses
• Learn more about our Health and Safety risk assessments tool: https://bit.ly/HealthAndSafetyRiskAssessments
• Download our free guide for Health and Safety for managers and directors: https://bit.ly/HealthandSafetyManagersGuide
• Learn more about our Ergonomics self-assessment: https://bit.ly/ergonomicsassessment