The Proposed Rule is a welcome development to modernize the existing, outdated requirements related to outside business activity and private securities transactions.
The UK law will be introduced and implemented through an amendment in the Crime and Policing Bill, in an effort to protect women and girls in particular.
David Brain surfaces a gap in how these risks are commonly framed, and explains why a financial crime BWRA should not be treated as a subset of operational risk.
While larger businesses have more resources and are taking steps to protect themselves, the new campaign is aimed at owners of small and medium-sized businesses.
The center of gravity for climate leadership is shifting, with China making landmark pledges and significant progress emerging from Africa, South Asia, and Eastern Europe.