Professor Jeremy M. Wilson: “The ideal brand protection program is proactive, strategic, comprehensive and data driven”

05 March 2021
Knowledge Base

Economic crime scholarship presents an organisation as a double-edged sword. On the one hand, organisations are cheated by their employees, discriminated by corrupt public officials, and face cyberattacks, whereas on the other hand, organisations evade taxes, defraud their customers, and cheat competitors. While fraud, corruption and other forms of economic crime cause immense losses to individual organisations as well to society, many of those crimes are committed by organisations themselves. On Thursday, February 4, 2021 the 2nd Winter Economic Crime Symposium – Organizations: Beyond Victims and Perpetrators was held online by the Centre for Counter-Fraud Studies at the University of Portsmouth. The event sought to explore the network of relationships inside and between organisations and how it should not be reduced to two groups, victims and perpetrators. With a theme focused on economic crime, several professionals gave keynote presentations on a range of topics from brand protection, corruption, corporate compliance, foreign bribery, and intellectual property (IP) crime. The Risk & Compliance Platform Europe was also a media partner and covered the event via its website. This is the final part. Continue reading…

Personalia

Arthur Stolk

Co Founder of Icoinic, the first Dutch fund manager to trade in crypto assets
His long background in IT, finance and Bitcoin allows him to follow and translate market movements with a down-to-earth and passionate approach.
Personalia

Marta Andreeva

Global Compliance Program Specialist at Crypto.com since July 2020
Marta is passionate about developing a culture of compliance, increasing awareness and coaching and mentoring others.
Personalia

Cécile Louchard-de Barsy

Senior Compliance Officer at Banque Degroof Petercam Luxembourg since september 2020
An innovative Compliance & Forensic pofessional who delivers efficient solutions for both financial and industrial players.
Personalia

Ken van Ierlant

Digital Thought Leader
Member of the Board of Directors of UpGen. Experienced CEO / CDO / CIO in the field of transformation processes within internationally oriented companies.

Digital Decade: Commission launches Action Plan to support recovery and transformation of the media and audiovisual sectors

04 March 2021

The European Commission recently adopted an Action Plan to support the recovery and transformation of the media and audiovisual sector. These sectors, particularly hit by the coronavirus crisis, are essential for democracy, Europe’s cultural diversity and digital autonomy. The Action Plan focuses on three areas of activity and 10 concrete actions to help the media sector recover from the crisis by facilitating and broadening access to finance, transform by stimulating investments to embrace the twin digital and green transitions while ensuring the sector’s future resilience and empower European citizens and companies. Under the Recovery and Resilience Facility, each National Recovery and Resilience Plan will earmark a minimum level of 20% of expenditure for digital. Measures to boost the production and distribution of digital content, such as digital media, will count towards this target. Continue reading…

Dr. David Shepherd: “Physical counterfeit products cause significant harm to society and to economies”

02 March 2021
Knowledge Base

Economic crime scholarship presents an organisation as a double-edged sword. On the one hand, organisations are cheated by their employees, discriminated by corrupt public officials, and face cyberattacks, whereas on the other hand, organisations evade taxes, defraud their customers, and cheat competitors. While fraud, corruption and other forms of economic crime cause immense losses to individual organisations as well to society, many of those crimes are committed by organisations themselves. On Thursday, February 4, 2021 the 2nd Winter Economic Crime Symposium – Organizations: Beyond Victims and Perpetrators was held online by the Centre for Counter-Fraud Studies at the University of Portsmouth. The event sought to explore the network of relationships inside and between organisations and how it should not be reduced to two groups, victims and perpetrators. With a theme focused on economic crime, several professionals gave keynote presentations on a range of topics from brand protection, corruption, corporate compliance, foreign bribery, and intellectual property (IP) crime. The Risk & Compliance Platform Europe was also a media partner and covered the event via its website. This is part four. Continue reading…

More cross-border cooperation necessary to help victims of trafficking in human beings

01 March 2021

To better assist victims of trafficking in human beings (THB), more cross-border cooperation and investigations are necessary. Earlier involvement of Eurojust and a higher number of cases referred to the Agency will help to better coordinate investigations and get a fuller picture of internationally operating criminal networks, which exploit often young and vulnerable victims. These are the main conclusions from the Eurojust Report on Trafficking in Human Beings. The Report was adopted by the College of the Agency right before 22 February, the European Day for Victims of Crime, and was presented recently at the occasion of the meeting of the EU Victims’ Rights Platform. It comes at a crucial time as well, as the European Commission is working towards a new EU strategy on combating human trafficking. Continue reading…

Dr. Branislav Hock: “What happens behind the scenes when foreign anti-bribery negotiations are being settled?”

26 February 2021
Knowledge Base

Economic crime scholarship presents an organisation as a double-edged sword. On the one hand, organisations are cheated by their employees, discriminated by corrupt public officials, and face cyberattacks, whereas on the other hand, organisations evade taxes, defraud their customers, and cheat competitors. While fraud, corruption and other forms of economic crime cause immense losses to individual organisations as well to society, many of those crimes are committed by organisations themselves. On Thursday, February 4, 2021 the 2nd Winter Economic Crime Symposium – Organizations: Beyond Victims and Perpetrators was held online by the Centre for Counter-Fraud Studies at the University of Portsmouth. The event sought to explore the network of relationships inside and between organisations and how it should not be reduced to two groups, victims and perpetrators. With a theme focused on economic crime, several professionals gave keynote presentations on a range of topics from brand protection, corruption, corporate compliance, foreign bribery, and intellectual property (IP) crime. The Risk & Compliance Platform Europe was also a media partner and covered the event via its website. This is part three. Continue reading…

Central banks of China and United Arab Emirates join digital currency project for cross-border payments

25 February 2021

The Digital Currency Institute (DCI) of the People’s Bank of China (PBC) and the Central Bank of the United Arab Emirates (CBUAE) have joined a central bank digital currency project for cross-border foreign currency payments. The m-CBDC Bridge initiative is run in partnership with the BIS Innovation Hub (BISIH), the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BoT). It will further explore the capabilities of distributed ledger technologies (DLT) by developing a proof-of-concept (PoC) prototype to support real-time cross-border foreign exchange payment-versus-payment transactions in multiple jurisdictions, operating 24/7. It will analyse business use cases in a cross-border context with both domestic and foreign currencies. Continue reading…

The Opinion of EIOPA on the Solvency II review on Guidelines

24 February 2021
Knowledge Base

On 17 December 2020, EIOPA published its “Opinion on the 2020 review of Solvency II” together with an extensive Background analysis. In its Opinion, EIOPA formulates proposals to amend the L1 Solvency II framework directive (SII FD) as well as the L2 Solvency II Delegated Regulation. However, EIOPA also opines that certain clarifications can be given, not only via amending the SII FD or the Delegated Regulation, but also through additional guidance or the issuance of new EIOPA guidelines. In the meantime, the Commission and other stakeholders are reading and analysing EIOPA’s Opinion. I decided in this blog to focus on EIOPA’s suggested use of guidelines in the review. Continue reading…

Dr. Abiola Makinwa: “Non-trial resolutions are the primary vehicle today of foreign anti-bribery enforcement”

23 February 2021
Knowledge Base

Economic crime scholarship presents an organisation as a double-edged sword. On the one hand, organisations are cheated by their employees, discriminated by corrupt public officials, and face cyberattacks, whereas on the other hand, organisations evade taxes, defraud their customers, and cheat competitors. While fraud, corruption and other forms of economic crime cause immense losses to individual organisations as well to society, many of those crimes are committed by organisations themselves. On Thursday, February 4, 2021 the 2nd Winter Economic Crime Symposium – Organizations: Beyond Victims and Perpetrators was held online by the Centre for Counter-Fraud Studies at the University of Portsmouth. The event sought to explore the network of relationships inside and between organisations and how it should not be reduced to two groups, victims and perpetrators. With a theme focused on economic crime, several professionals gave keynote presentations on a range of topics from brand protection, corruption, corporate compliance, foreign bribery, and intellectual property (IP) crime. The Risk & Compliance Platform Europe was also a media partner and covered the event via its website. This is part two. Continue reading…

Nick Palmer: “The fundamental cybersecurity question you need to ask is who is your adversary and who can target you?”

22 February 2021
Knowledge Base

by Michel Klompmaker

We recently had an opportunity to speak together with Nick Palmer who is the Head of Global Business at Group-IB. Group-IB is an international provider of solutions aimed at investigating high-tech crime, detecting and preventing cyberattacks, online fraud, and intellectual property theft. Nick Palmer was also a moderator of Group-IB’s CyberCrimeCon online event held last year in November. Our discussion covered several areas of interest relating to Group-IB’s operations, its recent opening of its European headquarters in Amsterdam, The Netherlands, how organisations in general can safeguard against cyberattacks and what the main risks for organisations are today.
Continue reading…

Top 10 and 100 most valuable nation brand values of 2020 in the world

20 February 2021

The Netherlands remains ranked as the world’s 13th most valuable brand nation. The country’s brand value is down by 21% to US$945 billion. The top 100 nation brands based in the Brand Finance Nation Brands 2020 ranking lost US$13.1 trillion of brand value last year as they were affected by the COVID-19 pandemic. Meanwhile, China’s brand value stands at US$18.8 trillion. It continues to close in on the US, which has a brand value of US$23.7 trillion. Japan was ranked 3rd in the world as its economy recovered quickly and remained largely intact from the pandemic. Ireland has been the only nation brand in the top 20 to see brand value growth of up to 11% at US$670 billion due to its robust economy bolstered by strong exports and consumer spending. Vietnam, which has been emerging at the Southeast Asian center for manufacturing, has outranked the global trend with a brand value up 29%. Continue reading…