I am sure all of us remember that we have undergone various types of training during our careers so far. Some of those training are naturally very memorable whereas others are not. The content of ones that were not memorable disappeared from our minds eventually as they could not stick…

Many business enterprises today outsource some portion of their business operations or functions to a third-party organization. Common examples include the outsourcing of technology systems, such as IT hosting, and payroll for company employees. In these examples, the business acquiring the services of a third party is called a user…

Organizations spend considerable time, effort and cost in identifying, assessing and controlling risks to their business and earnings. Risks could stem from several sources — both internal and external — and include natural disasters, socio-political environment, or business strategy, people, processes and information security. The range is wide. Corporate risk…

More than two years since the enforcement of Circular 31/2015/TT-NHNN as replacement for Circular 01/2011/TT-NHNN, credit institutions (except for people’s credit funds and microcredit institutions), branches of foreign banks and intermediary payment service providers are now entering the new race for compliance with Circular 18/2018/TT-NHNN as a superseder that has…

Software Asset Management (SAM) is as critical to an organization’s operations as some of the traditional support functions performed by HR, IT and Finance. According to Gartner, IT spending was expected to touch US$3.5 trillion in 2017, of which US$1.3 trillion is expected to be on software and services.[1] The rate…

In June last year, France’s landmark new anti-corruption regulation, known as Sapin II, came fully into existence. Two major innovations of Sapin II were the creation of a new anti-corruption authority (“AFA”) and a new compliance duties, imposed on certain organizations, to prevent and detect activities which may constitute offences…

The General Data Protection Regulation (GDPR) (EU) 2016/679 is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also address the export of personal data outside of the EU and EEA areas. The GDPR…