VinciWorks

It's been seven years since the EU's General Data Protection Regulation (GDPR) came into force, and its impact has only grown. With over €1 billion in fines issued in the past year alone, it's clear that regulators are scrutinising businesses of all sizes, and enforcement is ramping up. In this episode, we examine how GDPR is shaping global data privacy despite legal pushback, regulatory divergence, and the rising complexity brought on by AI. Here's what we'll cover: Recent GDPR fines and enforcement trends - real case studies, real lessons Global influence: How GDPR is inspiring new data laws in Brazil, California, China, and beyond Divergence watch: What's happening with UK GDPR reforms and US data protection efforts AI and GDPR: Navigating the growing tension between innovation and privacy Best practices to keep your compliance strategy up to date and future-proof Whether you're a DPO, compliance officer, or business leader, this episode will give you the insights you need to understand where GDPR is heading - and how to stay on the right side of it. Tune in now for everything you need to know about GDPR's evolving legacy and global impact.

AI is no longer just hype; it's here, powerful, and already reshaping how organisations operate. But with that power comes legal and ethical responsibility. This episode explores how businesses can harness AI while staying within the law and public trust. From the EU AI Act to GDPR and the emerging frameworks in the UK and US, we unpack what compliance looks like in an AI-driven world. Here's what we cover: The latest AI compliance frameworks and global regulations How to embed ethical principles into your AI systems Spotting and mitigating risks like bias and discrimination Building an AI governance framework that stands up to scrutiny Real-life case studies: what works, what doesn't Tools and tech to help your compliance team keep up If your organisation is using or exploring AI, this is a must-listen.

Are you ready for the Employment Rights Bill? What it means for health & safety in 2025 New year, new compliance challenges. The forthcoming Employment Rights Bill is set to reshape the health and safety (H&S) landscape, placing greater legal responsibility on employers to protect their workforce. In this episode, we dive into the major H&S implications of the Bill and what it means for your organisation. From enhanced reporting duties to new employer obligations, our experts break down the legal shifts and share practical strategies to stay compliant and mitigate workplace risks. Key topics include: What's in the Employment Rights Bill: A breakdown of the key H&S-related provisions and what they mean in practice Evolving duty of care: How the new rules change your legal responsibilities toward employees Enhanced H&S reporting: Streamlining compliance through better data and digital reporting tools Proactive risk management: Practical approaches for identifying and managing workplace hazards Building a safety culture: Embedding compliance into everyday operations and workforce behaviour Tech and tools for compliance: How digital solutions can help you meet your obligations more effectively Whether you're a compliance lead, HR manager, or safety officer, this episode will equip you with the knowledge you need to prepare for one of the biggest regulatory changes of 2025.

Bribery and corruption remain major risks for businesses worldwide, with enforcement agencies ramping up scrutiny and penalties for non-compliance. Without strong anti-bribery policies, companies face financial, legal, and reputational fallout. One of the most effective (yet often overlooked) ways to mitigate bribery risks? A robust gifts and hospitality reporting framework. In this episode, we'll explore how businesses can enhance transparency and accountability to protect themselves from bribery risks. From real-world case studies of bribery scandals to practical compliance strategies, our experts break down the essentials of an effective anti-bribery programme. Key topics include: Bribery legislation 101: Understanding the UK Bribery Act, the Foreign Corrupt Practices Act (FCPA), and global enforcement trends. Identifying bribery risks: The industries, transactions, and scenarios where businesses are most vulnerable. The power of transparency: Why a well-structured gifts and hospitality policy can help prevent bribery before it starts. Lessons from major bribery cases: What businesses can learn from high-profile enforcement actions. Building a strong anti-bribery framework: Essential steps for compliance, from risk assessments to employee training. Bribery can be hard to prove—but that's exactly why prevention is key. Tune in for expert insights on safeguarding your business and ensuring compliance in an increasingly regulated world!

Rising trade tensions between the US and the rest of the world are creating uncertainty for businesses. With tariffs already imposed on Canada, Mexico, and China—and threats looming over the EU and UK—the global regulatory landscape is shifting fast. Beyond economic disruptions, we're also witnessing growing conflicts in data regulation, sanctions policies, and corporate compliance standards, from bribery laws to DEI initiatives. What does this mean for businesses trying to stay compliant and competitive in 2025? In this episode, our compliance experts break down the latest developments in the transatlantic trade wars and what businesses need to do to protect themselves from the impact of shifting policies. Key topics include: US tariffs and trade policy: A breakdown of recent moves and their effects on global markets Data conflicts and compliance risks: How US, UK, and EU regulatory differences could spark a "data war" Economic fallout: How rapidly changing tariffs and sanctions could disrupt supply chains and key industries Sanctions divergence: The risks of navigating conflicting US, EU, and UK policies on Iran, Russia, and beyond Bribery and DEI compliance: The impact of potential rollbacks in US corporate compliance laws on international businesses How to prepare: Risk mitigation strategies for businesses in a volatile regulatory environment

Employers today face increasingly complex challenges when managing a diverse workforce, especially when it comes to balancing protected beliefs under the UK Equality Act 2010. One of the most debated and legally significant issues is how to navigate conflicts between employees who hold gender-critical beliefs and transgender employees. Recent legal cases have highlighted the importance of understanding the law, implementing fair policies, and fostering an inclusive work environment. In this episode, we team up with employment law experts from Worknest to explore how organisations can manage these sensitive situations while staying compliant with UK equality law. Key topics include: What counts as a protected belief? Understanding how the UK Equality Act defines protected beliefs and characteristics Balancing rights in the workplace: How to manage differing views while preventing discrimination and upholding legal obligations Key legal cases and precedents: Reviewing important tribunal decisions that have shaped the understanding of protected beliefs Practical strategies for employers: How to foster an inclusive culture while maintaining compliance and reducing legal risks Developing inclusive workplace policies: Best practices for handling gender identity, belief-related conflicts, and employee rights Tune in for expert insights, real-world case studies, and practical advice on managing diversity and inclusion in the workplace. Don't miss this essential discussion for HR professionals, compliance leaders, and business owners.

Sanctions are evolving at an unprecedented pace, with global instability making compliance more complex than ever. What was once a lower priority for some organisations is now a critical area of risk—where even a minor misstep can lead to severe penalties. In this episode, our experts unpack recent shifts in US, UK, and EU sanctions policies, particularly regarding Russia, Iran, and the Middle East. We'll explore the political and economic drivers behind these changes and provide practical guidance on how businesses can navigate this high-risk landscape. Key topics include: The purpose of sanctions: The political, economic, and security motivations behind sanctions, including new policies under the Trump administration Sanctions on Russia, Iran, and the Middle East: Understanding the latest developments and their global impact How to conduct a sanctions check: Step-by-step guidance on effective screening and compliance measures Navigating sanctions risks: Identifying and mitigating risks when dealing with high-risk individuals, entities, and transactions Reporting and compliance: When and how to report potential sanctions breaches—and the consequences of non-compliance Best practices for sanctions training: Ensuring your team stays informed and compliant with evolving regulations Tune in to gain expert insights and actionable strategies to help your organisation stay on top of ever-changing sanctions laws and protect against compliance risks.

The Data (Use and Access) Bill (DUAB) is set to transform data protection and privacy in the UK, bringing major updates to UK GDPR and the Data Protection Act 2018. These changes will impact how businesses manage data access, automate decision-making, and comply with evolving regulatory requirements. In this episode, our compliance experts break down the key provisions of DUAB, explore its potential impact on businesses, and share practical steps to help you stay ahead of the changes. Key topics include: What's changing? A deep dive into DUAB's impact on data processing, subject access rights, and automated decision-making Legitimate interests for data processing: Understanding the new lawful bases for data sharing and transfers AI and automated decision-making: How the bill introduces new rules for AI-driven personal data decisions and what safeguards are required The rise of smart data: Preparing for new "smart data" schemes and their effects on industries like finance and healthcare Compliance best practices: Updating privacy notices, re-evaluating AI processes, and ensuring effective complaint-handling mechanisms Stay ahead of the 2025 data landscape with expert insights and actionable strategies. Tune in to ensure your organisation is compliant with the latest data protection reforms!

In today's interconnected global economy, the health of your supply chain is critical to your business's success. But with increased outsourcing, global expansion, and evolving regulations, compliance risks can easily go undetected—until they become major issues. From human rights abuses and environmental concerns to fraud, bribery, and health and safety violations, hidden supply chain risks can lead to reputational damage, hefty fines, and legal consequences. In this podcast episode, VinciWorks compliance experts discuss how to effectively audit your supply chain, using practical techniques and tools to identify risks during supplier onboarding and ongoing monitoring. Key topics include: Top compliance risks in supply chains and how they manifest Effective auditing techniques to assess supplier risks beyond surface-level checks Essential questions to ask during audits to uncover hidden issues Risk mitigation strategies to strengthen and protect supply chain operations The role of automation in compliance: How tracking tools streamline audits and ensure continuous monitoring Join us as we explore how to identify and mitigate hidden risks in your supply chain—helping your organisation remain resilient, responsible, and compliant with global standards.

The 2025 Compliance Tech Buyers Guide is Here! 61 pages of in-depth research, vendor comparisons, and insights into emerging regulatory needs—this guide is your essential roadmap to navigating the evolving compliance tech landscape.

The results of the 2024 US election have ushered in a new era of compliance challenges. With the return of the Trump Administration, the regulatory and compliance landscape is poised for significant shifts, bringing disruption and opportunity for businesses in 2025. From evolving sanctions policies and potential trade wars to increased scrutiny on diversity, equity, and inclusion (DEI) initiatives, organisations must be prepared to navigate this new political reality. In this podcast episode, our panel of experts breaks down the key compliance implications of the new administration. We'll explore how shifting policies on sanctions, tariffs, and DEI could impact your organisation and provide practical strategies to adapt and stay compliant in a rapidly changing environment. Key topics include: Sanctions and geopolitics: Insights into the administration's approach to sanctions on Russia, Iran, and other high-risk regions Trade and tariffs: Preparing for the impact of potential trade wars and new tariffs on international business operations DEI under scrutiny: Navigating the challenges facing DEI initiatives amid heightened political and regulatory focus Corporate accountability: Understanding how changing enforcement priorities could reshape expectations for compliance and transparency Risk mitigation strategies: Practical steps to align your organisation with the evolving US compliance landscape Join us to gain critical insights into the compliance challenges and opportunities of 2025. Learn how to stay ahead of policy changes, protect your organisation, and thrive in the new regulatory landscape.

The world of anti-money laundering (AML) and financial crime is evolving at an unprecedented pace, and 2025 is shaping up to be a transformative year for the regulated sector. Emerging technologies like artificial intelligence and cryptocurrency are reshaping risk landscapes, while stricter regulations are raising the bar for compliance and accountability. With severe penalties for failing to prevent financial crime, businesses must navigate a more complex environment to safeguard their operations and reputations. In this episode, we'll delve into the critical trends and challenges defining AML, fraud, and financial crime in 2025. From tackling cryptocurrency scams to managing supply chain risks, we'll unpack the implications of new laws like the UK's Economic Crime and Corporate Transparency Act and examine the role of the EU's AMLA agency. Key topics include: Failure to prevent fraud: How the UK's new corporate offence redefines accountability and reshapes prevention strategies New AML requirements: A closer look at regulations impacting letting agents, insolvency practitioners, and art market participants Cryptocurrency scams: Understanding the rise of AI-driven scams and their role in financial crime AMLA and regulatory oversight: Insights into the impact of new AML agencies and regulatory frameworks Sanctions and proliferation financing: Adapting to evolving regimes and heightened scrutiny of high-risk regions like Russia, North Korea, and the Middle East Supply chain transparency: Addressing risks under the Proceeds of Crime Act and mitigating human rights abuses in your supply chain Join us for expert insights and actionable strategies to help your organisation implement robust prevention measures, leverage advanced tools, and foster a culture of compliance. Stay ahead of the challenges in AML and financial crime and protect your business in 2025 and beyond.

The rapid rise of artificial intelligence is revolutionising the way businesses operate. But with innovation comes an ever-expanding list of regulatory challenges. As AI systems become more embedded in our lives, they generate massive amounts of data, raising urgent questions about transparency, consent, and compliance. For organisations in 2025, navigating the complex relationship between AI and GDPR isn't just important—it's essential. In this podcast episode, we unpack the latest developments at the intersection of AI and data privacy. From understanding the compliance challenges posed by AI tools like ChatGPT to exploring global regulations such as the EU's GDPR, the UK's evolving data laws, and the EU AI Act, we'll guide you through the new responsibilities businesses face. You'll discover actionable strategies to ensure compliance, safeguard sensitive data, and build trust in an increasingly complex regulatory landscape. In this episode, we'll cover: AI and data privacy: How AI's reliance on personal data and automated decision-making intersects with GDPR requirements The EU AI Act: Key insights into risk categorisation, transparency obligations, and what businesses need to implement The UK Data (Use and Access) Bill: Understanding its impact on data sharing, e-marketing, and regulatory audits Global data privacy laws: Navigating the US's fragmented state regulations and the rise of GDPR-inspired frameworks worldwide Best practices for AI compliance: Practical tips for developing policies, training teams, and adopting tools to mitigate AI-related data risks Join us as we explore how organisations can stay compliant, protect data, and embrace the transformative power of AI while navigating the challenges of 2025.

As we step into 2025, the workplace health and safety landscape is evolving rapidly. With new legislative changes, an increased focus on mental health, and the complexities of hybrid work environments, organisations are facing a broader spectrum of responsibilities. Today's leaders must embrace a proactive approach that goes beyond traditional compliance—prioritising physical safety, fostering psychological well-being, and creating inclusive policies for diverse and dynamic workforces. In this podcast episode, we'll explore the key trends and regulatory updates shaping workplace health and safety in 2025. From the transformative implications of Labour's Employment Rights Bill to practical strategies for managing health and safety in flexible work setups, we'll guide you through this year's most critical developments. We'll also delve into emerging challenges, such as menopause inclusivity, crisis preparedness, and embedding mental health into workplace safety strategies. In this episode, we'll discuss: The Employment Rights Bill: How Labour's “New Deal for Working People” will reshape health and safety policies and worker protections Mental health in the workplace: Strategies for meeting new compliance requirements while fostering a culture of care and reducing workplace stress Hybrid work compliance: Practical insights for meeting health and safety obligations in remote and hybrid work setups Menopause and inclusivity: Why menopause-friendly policies are key for retention and productivity, and how to implement them effectively Emergency preparedness: Actionable tips to prepare for crises, from natural disasters to workplace emergencies, ensuring your team's safety Join us as we navigate these pressing topics and help your organisation stay ahead in this new era of workplace health and safety.

As we enter 2025, the compliance landscape is undergoing major transformations. From evolving regulatory frameworks to emerging risks, staying ahead of these challenges is crucial for every organisation. This year sees an intensified focus on sanctions, cybersecurity, diversity and inclusion, data protection, and more. Organisations must brace for the EU's AI Act, the UK's revamp of GDPR, potential sanctions changes from the US, and an increasingly unstable global environment. Tune in to our podcast where our compliance experts will break down the key regulatory trends and challenges for 2025. We'll share actionable strategies to help your organisation adapt, stay compliant, and thrive in this year of significant regulatory change. In this episode, we'll cover: Sanctions compliance: Navigating geopolitical shifts and adapting to updated sanctions regimes Cybersecurity challenges: Managing AI-driven threats and meeting stricter regulatory demands Diversity and inclusion: Preparing for increased scrutiny of DEI initiatives and balancing workplace rights Data protection and AI regulations: Understanding the EU AI Act, California's AI legislation, and the new UK Data Bill Regulatory trends: Exploring the global shift toward proactive compliance and real-time monitoring

This conversation delves into the recent collapse of the German government under Chancellor Schultz, the upcoming federal elections, and the potential implications for both German and European politics. Thomas Falk provides insights into the ideological divides within the coalition, the rise of the AFD, and the challenges facing the next government, including compliance issues and the impact of sanctions on Russia. The discussion also touches on the dynamics of potential coalitions and the future of green policies in Germany.   Takeaways The collapse of Schultz's government was not entirely unexpected due to ongoing dysfunction. The upcoming elections in February will be crucial for reshaping Germany's political landscape. Friedrich Merz from the CDU is the main competitor for the chancellorship. The AFD is gaining significant support, particularly in eastern Germany. Coalition dynamics will be complex, with limited options for Merz. Compliance issues, especially regarding money laundering and sanctions, will be critical for businesses. The influence of the Greens may diminish in the next government. Germany's political stability is vital for the EU's overall health. The next government may prioritize economic pragmatism over ambitious climate targets. A reset in relations with Russia could be a possibility under a new government.

In this episode, we explore the complex interplay between politics and global compliance. From the seismic impact of Trump's election on compliance practices to navigating the shifting landscape of tariffs and trade deals, we delve into the challenges businesses face in a rapidly changing world. We discuss the UK's struggle to define trade standards post-Brexit, the evolving sanctions on Iran, and strategies for staying ahead in an era of uncertainty. Join us as we unpack how global events reshape compliance frameworks and what it means for the future.

The Bar Standards Board has launched a consultation on proposed amendments to the Equality Rules. The consultation runs until 29 November 2024. The BSB is gathering views on proposed rules to advance equality, diversity, and inclusion at the Bar, and is keen to hear a wide range of views and welcomes all contributions to the ongoing consultation. As the BSB gathers views of barristers and chambers on proposed amendments, they welcome all contributions to the ongoing consultation. Hear from the Bar Standard Board's Policy Manager for Equality and Access to Justice, Poornima Karunacadacharan and VinciWorks compliance experts on what you need to know about the proposals, and listen to the questions you posed answered by the BSB. The consultation is open until 29 November 2024. Guest speakers: Poornima Karunacadacharan, Policy Manager, Equality and Access to Justice, The Bar Standards Board. Poornima Karunacadacharan is the Policy Manager for Equality and Access to Justice at the BSB. She has been leading on the drafting of the Equality Rules, as well as ensuring equality, diversity, and inclusion is embedded in all areas of BSB regulation. She has over 20 years' experience working in the Charity Sector and as a consultant for public sector organisations on equality and human rights issues. Poornima has expertise in training public, private, and voluntary sector organisations on the Equality Act 2010 and the Public Sector Equality Duty.

The Worker Protection Act 2023 comes into force on 26 October 2024, imposing a new, proactive duty on all employers across the UK to take reasonable steps to prevent sexual harassment in the workplace. With at least 1 in 5 men and nearly half of all women experiencing sexual harassment at work, this new compliance duty is an important step employers must prepare for. The new “preventative duty” shifts beyond reacting to complaints and requires employers to take steps to prevent harassment from occurring in the first place. Critically, the meaning of reasonable steps will vary from company to company, meaning employers will have to prove they have conducted a thorough risk assessment and understood what proactive steps look like in their business. In this episode, VinciWorks compliance experts will guide you through the process of complying with the Worker Protection Act.  From assessing the risk of sexual harassment in the workplace to tracking incidents and customising training, this free, one-hour episode will make sure your office is ready to fight back against sexual harassment.  This podcast will cover:  The Worker Protection Act 2023 and its obligations on employers What sexual harassment in the workplace is Undertaking harassment risk assessments Using data to identify worrying trends before they come problems The meaning of proactive duty and reasonable steps in your organisation Implementing policies and procedures to prevent harassment   Please note the podcast contains video recordings that you are about to listen to that discuss sensitive topics which some listeners may find upsetting.

VinciWorks berät Sie zur KI-Verordnung der Europäischen Union! Hören Sie sich unser Podcast an und lernen Sie: • Was die Ziele der KI-Verordnung sind • Wie der Risiko-basierte Ansatz funktioniert • Warum rechtliche Rahmenbedingungen und ethische Standards beim Einsatz von KI unverzichtbar sind • Wie Sie Compliance sicherstellen Thomas Falk, Head of Content für VinciWorks, zeigt Ihnen, wie die KI-Verordnung eine Chance für Ihr Unternehmen darstellen kann.Klicken Sie HIER, um den Podcast zu hören.

The pace of AI regulation is heating up. From the monumental AI Act passed by the EU, countries and states around the world adopting copycat laws, to commitments by the new UK government to better regulate artificial intelligence. Regulators and legislators are racing to ensure they are not left behind by the AI revolution, and can levy ever larger fines on companies who get things wrong. As companies and industries race to ensure they are AI-ready, the cost of a compliance failure is ticking up. With potential fines that could dwarf GDPR, getting it wrong when rolling out AI technology could be devastating. In this episode, VinciWorks compliance experts will discuss critical upcoming AI regulations in the UK.  From fines on compliance failure to possible new protections for workers, the UK has fallen behind on AI regulation recently but looks set to catch up quickly. We'll also consider the implementation of the EU's AI Act - the blockbuster regulation which has set a new global standard. And we'll consider new regulations across the world from key US states like California and AI laws in Brazil, China and the Middle East. Key points this podcast will cover:  What the UK plans for AI regulation How would the UK enhance protections against AI discrimination How does the EU's AI Act work? What are the sanctions on businesses under the EU AI Act? What businesses need to know when investing in AI Other AI laws and regulations around the world

The UK is set to go to the polls on Thursday, 4 July in a seismic election which could see a significant shift in the next UK government's regulatory priorities. Every sector could be impacted and every area of compliance is likely to be reviewed by the next government. From overhauls of financial services regulation, reviews of data protection law, closer alignment with EU regulations and an expansion of health and safety protections, the next parliament will see compliance at the centre of the regulatory agenda. Listen to our special pre-election podcast for a detailed look at the likely priorities of the next UK government. Our compliance experts will unpick party manifestos and pre-election promises to help uncover what this election will mean for your organisation.  This episode will cover: What the main parties are pledging on key compliance areas Potential changes to legislation including the Equality Act, sexual harassment and employment rights Expected legislation on AML, bribery, sanctions, fraud and economic crime Possible expansion of regulations around GDPR, AI and health and safety Preparing your organisation for future regulatory changes and new requirements

Bribery and corruption are not new issues. But they remain impressively persistent in their ability to wreak havoc and cause trouble. Companies are losing hundreds of thousands of pounds to these schemes, not to mention reputational damage and legal action. In this webinar we will look at the different types of bribery risks your company can face, how to assess the specific dangers to your company and what you can do to mitigate those risks so you can sleep at night. In this episode, we look at key information on bribery legislation, the myriad of ways companies can get caught up in bribery and the implications if a company doesn't have effective anti-bribery policies in place. Significantly, we will guide companies in how to manage their bribery and corruption risks, develop an effective anti-bribery programme and learn how to mitigate the risks of bribery and corruption.

The EU's General Data Protection Regulation (GDPR) has now been in force for six years. During that time, fines have totalled billions of euros, with over €1 billion in fines coming in the past 12 months. The most recent fines show that both large and small businesses are subject to regulators' scrutiny. With fines and enforcement actions, developments in GDPR case law and new challenges of AI, data protection remains one of the most complex areas of compliance. Despite best efforts, many organisations are still falling short when it comes to getting GDPR right. In this podcast, we examine GDPR's widespread impact not just in Europe but around the world. As places like Brazil, California, and even China race to enact GDPR-like protections, what does the future hold for data privacy? The podcast covers: Recent GDPR fines and case studies International developments and new GDPR-style laws around the world Focus areas for EU data protection authorities Where the UK and US stand with data protection and GDPR Artificial intelligence and data protection laws Best practice guidance to solidify your GDPR compliance

Neurodiversity is becoming more understood as a workplace issue. As many as 1 in 7 people in the UK are neurodivergent, meaning that organisations that fail to meet the needs of their neurodivergent staff and clients are neglecting a significant demographic. Although there are challenges associated with these differences, there are also many strengths. At the same time, failing to make workplaces inclusive of neurodiversity is an increasing risk. Over a hundred cases of neurodiversity discrimination were taken to employment tribunals last year, with almost none the year before. Organisations that fail to put in place the right policies and procedures to support neurodivergent staff are at risk of losing talented staff, as well as the risk of legal action. Making a workplace that is neurodiversity friendly doesn't have to be complicated or expensive. In this episode, we'll look at what neurodiversity is, strategies to support neurodivergent staff at work, and what policies and procedures organisations should have in place. This one-hour session will cover: - What is neurodiversity and what are different neurodivergent conditions? - The challenges faced by neurodivergent staff at work - Strategies to support and encourage diversity of thought at work - Short workplace scenario clips on how organisations can support neurodivergent people - Supporting neurodivergent staff in the workplace - Creating policies and procedures inclusive of neurodiversity

Since 1 April 2023, all firms in the regulated sector have been required to carry out proliferation financing (PF) risk assessments. This applies to all regulated entities, from law firms to financial services, casinos to cryptocurrency. Regulated entities can create a new risk assessment on proliferation financing or incorporate PF risks into existing AML and terrorist financing risk assessments. However, regulators expect firms to take action to understand the risk of PF and how to mitigate it in their business. Failing to do so can result in a breach of the Money Laundering Regulations. One year into this new requirement on the regulated sector, how effective have the new regulations been? What are the key strategies for compliance, and what are the best practice tips for ensuring PF obligations are met? In this episode, we'll look at the issue of proliferation financing in detail, discuss strategies for compliance, and share best practices for understanding and mitigating PF risks. This one-hour session will cover: - What proliferation financing is and the jurisdictions and industries at risk - The differences and similarities between proliferation financing, money laundering and terrorist financing - Practical examples of how proliferation financing can happen - Proliferation red flags and high risk indicators - Strategies and technologies to counter the risk of proliferation financing - How to undertake a proliferation financing risk assessment

The issues of gifts, hospitality and bribery are increasingly complicated – especially for companies doing business in other countries. The danger of getting caught up in a corruption scandal is damaging, expensive and could be ultimately devastating. But when is a gift considered bribery? How can corruption, or even the perception of corruption, be avoided in business?  In this episode, we highlight some recent bribery scandals, analyse how they could be avoided, and take a deep dive into international anti-corruption laws. Most importantly, we discuss how companies can safely conduct business around the world. We include information on Transparency International's recently released annual report on perceptions of corruption and bribery across the world and explain how it can form a critical part of a company's bribery and corruption risk assessment.  This free episode provides key background info on everything from the Foreign Corrupt Practices Act in the US to the UK's Bribery Act to the EU's proposed anti-corruption legislation. If your company has any business in a foreign country, including any parts of its supply chain, you'll want to listen to this one. This episode features: A basic understanding of anti-corruption legislation around the world Highlights of recent scandals – and how they could have avoided How you can manage your company's gifts and hospitality policy How to prevent corruption in your business

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

CSRD, a new EU legislation, mandates large and listed organisations to publish reports on social and environmental risks and their impact. Join Gary Yantin, Nick Henderson-Mayo, and Naomi Grossman in this informative podcast, where they unravel CSRD's complexities and guide you on compliance and reporting strategies.   In this podcast, you'll gain an understanding of CSRD, including:   A deep dive into CSRD and its origin Step-by-step guidance on CSRD compliance and reporting guidelines Key considerations for both EU and Non-EU businesses Timelines and strategies for preparing your organisation for CSRD   Resources:   Try our Sustainability and ESG training: https://bit.ly/sustainability-training Download our free EU CSRD guide: https://bit.ly/CSRD-guide View our Sustainability and ESG course catalogue: https://bit.ly/sustainability-catalogue Learn more about our Supplier Onboarding solution: https://vinciworks.com/products/omnitrack/supplier-tracking/

The Solicitors Regulation Authority (SRA) has announced that its biannual mandatory diversity survey will be due on 23 July 2023. All SRA-regulated law firms, regardless of size, must collect, report and publish their workforce diversity data every two years. In this podcast, VinciWorks' Director of Best Practice, Gary Yantin, is joined by Siân Hughes, Head of EDI at the SRA, and Andrew Donovan, Managing Director at Compliance Office. Gary, Siân and Andrew discuss the importance of reporting and publishing SRA diversity data. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

Despite international sanctions, London-based law firm Discreet Law took on Wagner Group head Yevgeny Prigozhin as a client after he passed money laundering checks. The Russian warlord most recently led a mercenary rebellion in Russia and is now believed to be in Belarus. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/  

This case involves Anatoly Legkodymov, a Russian national who was arrested for his alleged operation of a money-transmitting business that transported and transmitted $700m in illicit funds and that failed to meet US regulatory safeguards, including anti-money laundering (AML) requirements. Legkodymov is the majority shareholder of Bitzlato, a Hong Kong-registered cryptocurrency exchange that operates globally. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

The Solicitors Regulation Authority (SRA) has announced that its mandatory diversity survey will be due on 23 July 2023, with reporting open from 26 June. In this episode, VinciWorks' EDI expert Nick Henderson-Mayo speaks to Compliance Office's Director and Founder Andy Donovan to give firms guidance on what needs to be reported, which firms need to report, why the survey is so important, and more. We also take you through the free reporting tool VinciWorks is offering to help you collect and aggregate the relevant data from your staff. Additional resources: Request our free data collection solution: https://bit.ly/diversity-survey-2023-registration Sample SRA diversity survey: https://bit.ly/diversity-survey-2023-sample

The EU's General Data Protection Regulation (GDPR) has now been in force for five years. During that time, fines have totalled close to €2.8 billion, with over €1 billion in fines coming in the past 12 months. The most recent fines show that both large and small businesses are subject to regulators' scrutiny. Recorded the day before GDPR's fifth anniversary, in this episode we look at the effect the regulation has had on the way we collect and process data and what we can expect going forward. We were joined by our own in-house DPO to take you through the key developments in GDPR from across the EU. GDPR resources: Customisable GDPR training: https://vinciworks.com/courses/gdpr/ GDPR registers software solution: https://vinciworks.com/products/omnitrack/gdpr/ GDPR resources: https://vinciworks.com/resources/gdpr/  

The UK ranks second highest among money laundering hot spots worldwide, with an estimated £88 billion laundered each year. Financial institutions are responsible for catching the bad actors to prevent and stop money laundering. But unfortunately, it's not always easy to identify who they are. In this episode, we are joined by Nick Henderson-Mayo, VinciWorks' Director of Learning and Content, Naomi Grossman, VinciWorks' Learning and Content Manager and Sandra Erez, VinciWorks' Director of Global Enterprise Sales, to explore money laundering, how it impacts financial services firms, and what firms can do to protect themselves. Resources: Try our AML compliance training: https://bit.ly/aml-courses  Download free AML resources: https://bit.ly/aml-resources  Learn more about our AML onboarding solution: https://bit.ly/aml-onboarding-solution 

This case involves the mining and commodities giant Glencore, which was fined £281m for using bribes to bolster its oil profits in five African countries. The company paid cash bribes to officials in the country's national oil and gas companies. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

In this episode, we look at a case involving the US government's first-ever prosecution of a corporation for providing material support for terrorism. In this case, Lafarge and its subsidiary pled guilty to giving donations and “taxes” to ISIS and al-Nusrah Front (ANF), two of the world's most notorious terrorist organisations, in exchange for the continued operation of their cement plant in Syria. The company received a nearly $800 million fine. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

Richard Rufus was part of both Charlton Athletic teams that earned promotion to the Premier League during the Alan Curbishley era, playing in the 1998 Football League First Division play-off final against Sunderland that Charlton won on penalties. Ten years after being inducted into Charlton's Hall of Fame in 2013, he was convicted for fraud. He was able to convince friends, family members and associates to invest with him by claiming he was getting 60% in returns. One victim testified that he was told by Rufus that he only traded 5% of the capital investment, which meant 95% would have been retained safely - reducing the risk of incurring large losses. This made it seem like an incredibly safe, profitable investment. In this episode, we discuss how easy it is to get duped into a bad investment, especially when the bad investor is a former star athlete. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

China is of growing concern to compliance professionals on a number of fronts. From sanctions on Uyghur forced labour to supply chain disruption to warnings about China's banks, the world's second-largest economy is both of critical importance and an increasingly critical risk. In this episode, we look at China's role in corporate compliance, and what companies should be aware of when doing business with or in China. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

In this episode, Nick and Naomi are back to talk about yet another big money laundering case involving a bank. This time they look at how banks can mess up their anti-money laundering systems - and get fined, royally. Specifically, Commerzbank's London Branch being hit with a whopping £38m fine by the FCA for not having good AML controls. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/  

What are the big topics affecting law firms? In this special episode recorded shortly after the Law Society's Risk and Compliance conference, Gary Yantin and Nick Henderson break down the key issues of concern for the legal industry. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/

In a case before the High Court, the World Uyghur Congress argued that UK authorities should have launched money laundering investigations into the cotton imports brought into the UK from the Xinjiang region of China because of the high likelihood of forced labour that was present at the start of the supply chain. The court refused the claim but the reasons indicated that other supply chain challenges could be successful in the future. Companies doing business in China should be on high alert. In this episode, we dig into the implications of the case for companies dealing with suppliers in China. Resources: Try our AML compliance training: https://vinciworks.com/courses/aml/ Download free AML resources: https://vinciworks.com/resources/aml/ Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/