Welcome to a special five-part K2 Integrity sponsored podcast, series Business and Financial Fraud: Yesterday, Today, and Tomorrow. In this series I am joined by Joanne Taylor, a Managing Director at K2 Integrity. She has 20 years of legal, investigations and financial crime compliance experience, working within the financial and legal services industries. I am also joined by Ray Dookhie, a Managing Director in K2 Integrity’s Investigations and Risk Advisory practice, with more than 25 years of experience in compliance, integrity risk monitoring and management, and investigations. Over this series, we will consider the top fraud trends you might expect to see in 2021, what the regulatory landscape may well look like in 2021, best practices in fraud prevention, how to detect fraud and responding to fraud once it is uncovered. In Part 1, Joanne Taylor joins me to discuss the top fraud trends in 2021.
Join us tomorrow in Part 2 where we look at the regulatory landscape for fraud and misconduct in 2021.
For more information on K2 Integrity, check out their website here.
Day: March 1, 2021
Categories
The ABCs of ESG Data with FactSet
In this episode, CSS’s Regulatory Guidance and ESG Specialist Marye Cherry sits down with Vanessa Barnett, Senior Vice President, Global Head of Environmental, Social, and Governance at FactSet to navigate the latest news on the EU Sustainable Finance Disclosure Regulation. These experts of ESG discuss the newly released details on the RTS for Level 2 SFDR, how financial firms can manage their ESG data and the impending March 10 deadline for Level 1.
A CSS RegTech podcast series on moving from a tactical to strategic approach to regulatory compliance. The global regulatory space is complex and fragmented. Financial firms can address this problem through tactical responses to regulatory deadlines or think more strategically on how to optimize their compliance data, operations and technology. The CSS weekly podcast features regulatory experts, former Chief Compliance Officers, cybersecurity specialists, industry partners and RegTech collaborators to help prepare investment management firms for changes on the regulatory horizon. For more information on CSS, visit: www.cssregtech.com
About Our Guest Speakers:
Marye Cherry is the EU Regulatory Counsel and Regulatory Guidance Specialist at Compliance Solutions Strategies (CSS). With more than 10 years of legal and compliance experience, Marye specializes in transparency and regulatory reporting issues in the financial services industry, including sensitive industries and ESG. At CSS, Marye focuses on European financial regulations that affect fund managers’ operations worldwide and helps translate those requirements into automated reporting solutions.
Ms. Vanessa Barnett is Senior Vice President, Global Head of Environmental, Social, and Governance at FactSet. In this role, she is responsible for FactSet’s overall ESG content strategy, working closely with Product Strategy teams across the enterprise to meet the evolving and complex client demand for industry-leading ESG solutions. Prior to this role, Ms. Barnett spent 11 years at Dow Jones & Company where she was the head of product strategy for the global Dow Jones Newswires product line. She received a B.S. in Computer Science from Columbia University.
Thinkeen Legal is not your typical law firm, and on this week’s episode of ComTech, Valerie Charles and Tom Fox are talking to founder Christian Perez Font about exactly why that is, and what makes the firm so unique in the industry.
Christian started his career in more traditional, transactional law, but found compliance practices to be uniquely interesting and satisfying, so he built a law practice to provide businesses with the type of information they need to confidently make decisions. He says that Thinkeen Legal “[doesn’t] provide legal advice, we provide business advice with legal confidence.”
Understanding the Data Lifecycle
Valerie points out that it’s great when you can buy data off the shelf – it’s cheaper than creating your own, and is reliable – but there are always going to be situations where industry and company-specific situations mean you need to generate your own. Whether you source data externally or internally, you need to understand what data is and what it means to make good business decisions based on it.
Critical to this process is understanding the lifecycle of data – where it resides in an organization and the different systems it goes through. Data analysis is an evolution and Tom believes that companies should be looking at finding and extracting the data as a business process. Christian points out that the first, most foundational thing you need to do is understand what data is, and what data you need to inform your business decisions and compliance programs.
Looking Towards the Future
Valerie asks what companies need to begin thinking about to prepare for 2025 and beyond, and Christian shares what he thinks: that we need to understand data better – the lifecycle, where it resides, extracting and applying it, and investing in the resources that will be required to do all of it. Further, he believes that compliance teams are going to need to be truly cross-functional to be effective. This isn’t restricted to just compliance but applies to the whole business sector. More teamwork is needed.
Resources
Christian Perez Font on LinkedIn
ThinkeenLegal.com
In the Episode, fan fav and MoFo partner James Koukios returns to discuss the firm’s always informative Top 10 International Anti-Corruption Developments for November 2020. We focus this episode on ABC enforcement efforts from other countries. Highlights include
- OECD Reports lauds US enforcement efforts and increased enforcement efforts by the Netherlands;
- World bank debars German firm;
- Developments in Mexico;
- Developments in and concerning Venezuela; and
- China and its repatriation of fugitives.
Recourses
MoFo Top 10 International Anti-Corruption Developments for November 2020
