February 25th, 2019
Inside a law firm’s vetting of clientsThe “Paradise Papers,” a cache of 6.8-million internal documents of the Bermuda-based Appleby law firmleaked to the International Consortium of Investigative Journalists (ICIJ), portray struggles inside the firm over how stringent its background screening of clients should be. The disagreements often pit the firms’ compliance offices against some other executives about how to handle client accounts […]
February 5th, 2019
Each of the ‘Big Four’ publicly disclose sexual misconduct firings, embracing transparency.The Financial Times reported that PwC, EY, KPMG and Deloitte (Britain’s four largest accounting firms) fired dozens of their partners in the last three years citing ‘inappropriate behavior’ including bullying and sexual harassment. This reflects a broader cultural shift in the way organizations respond to such issues. In the past, victims – particularly those in […]
January 10th, 2019
Arrest of Chinese ‘Billionaire’ Triggers Diligence Look-backA purported Chinese billionaire is now being held in detention by Chinese authorities on undisclosed criminal allegations, and the Beijing government seized control of his business empire. Ye Jianming’s many investors and political allies around Asia, Europe and the U.S. may wish they had done more checking into his origin story before getting drawn in by […]
Insights & Strategies
