While most financial institutions focus their energies on managing credit, market and operational risks when it comes to risk management, globalization and opening of new markets has brought in new regulatory challenges that need to be managed. One such risk, which is more alarming than others, is money laundering. In…

The process of money laundering and financing of terrorism Money laundering is the processing of the proceeds of crime to disguise their illegal origin. Once these proceeds are successfully ‘laundered’ the criminal is able to enjoy these monies without revealing their original source. Money laundering can take place in various…

Top management knows the importance of the reputation of their organization. Companies believe that a strong positive reputation will attract better people. Customers will also become more loyal, and buy the company’s products and services. For decades, the board of directors relies on senior management to supervise and manage risk….

Wоrk ethics іѕ important аѕ it gіvеѕ vаluе tо whаt уоu are dоіng аnd аddѕ сrеdіbіlіtу to your сhаrасtеr and personality. It іѕ a fact that people will wаnt tо wоrk wіth thоѕе thеу саn truѕt. Whеn уоu act in аn ethical mаnnеr уоu will show uр аѕ a реrѕоn…