Path to Sustainable Global Trade and Supply Chain Operations The views expressed in this article are of Makki Elfatih (Hkdolts) and Laxmi Ramanath (La Meer Inc.) and does not constitute a professional nor a legal advice. Let's connect on LinkedIn, or reach out to us at engage@hkdolts.com or info@lameerinc.com #RiskManagement, #GRC, #Compliance, #SupplyChainRisks, #GlobalTrade, #Climaterisks, #Cybersecurity, #ClimateChange, #Customs, #SupplyChain, #Operations
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Anti-Corruption Compliance Event I’m thrilled to share that I will be speaking at this prestigious event, addressing Ethical Procurement and Supply Chain practices. It’s an incredible opportunity to join over 150 delegates from leading international companies, government officials, and compliance officers to discuss the latest strategies and best practices in anti-corruption compliance. Event Highlights: * Discussions on the latest anti-corruption compliance strategies and challenges in the EMEA region and worldwide * Insights into safe business conduct, managing facilitation payments, and minimizing whistleblower risks * Proven methods to improve anti-corruption programs and deal with government investigations * Emerging technologies in combating corruption, data privacy, and cyber security * Strategies for integrating fraud risk assessment with internal audits This event is a valuable platform for fostering transparency and ethical practices in business. Looking forward to sharing insights and learning from industry experts. If you’d like to know more about the event, feel free to reach out to Helen Su at Helen.Su@linworld-group.com. #EthicalProcurement #AntiCorruptionCompliance #SupplyChainEthics #CorporateCompliance #Transparency #procurement #supplychain #innovation #DrArafatElMourad #innovationinprocurement
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A sobering read indeed. Ensuring ethical and regulatory compliance in supply chains is not just about avoiding risks but also about building trust and protecting your brand. Great insights on how businesses can tackle these challenges effectively!
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A sobering read indeed. Ensuring ethical and regulatory compliance in supply chains is not just about avoiding risks but also about building trust and protecting your brand. Great insights on how businesses can tackle these challenges effectively!
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The risks manufacturers face are set to escalate this year, as technological adoption increases, geopolitical disputes intensify and labour shortages become more apparent. Discover our advice on the best strategies you can pursue to reduce them and safeguard operations below! #Top10 #RiskManagement #Strategy
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Ensuring the security of ports, terminals, and inter modal connectors is crucial for maintaining the integrity of global trade and logistics. Read the article below to learn more about key considerations for security risk assessments and compliance guidelines. 💡Check out the full article here: https://okt.to/oFWTRm hashtag#Marine hashtag#RiskManagement
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📆 18 years later: A look back on the Siemens Corruption Scandal 📆 It’s October 2006, and the global business community was shaken by the exposure of the Siemens bribery scandal following a two year investigation led by German officials — an investigation which included multiple raids at Siemens offices based throughout Europe. At the time, it was one of the largest corporate corruption cases in history. Siemens was found to have paid over $1.6 billion in bribes across multiple countries to win contracts, violating international anti-corruption laws. To restore its reputation and ensure compliance with global standards, Siemens called on Michael Hershman, Founder, President, and CEO of The Fairfax Group, to lead efforts in reforming their corporate governance and anti-corruption practices. Hershman’s expertise played a crucial role in guiding Siemens toward establishing stronger ethical standards, implementing transparent processes, and preventing future violations. Today, The Fairfax Group continues to help organizations protect their operations from corruption and misconduct through corporate governance consulting, compliance advisory, and more. #OnThisDay #AntiCorruption #CorporateGovernance #SiemensScandal #FairfaxGroup #Compliance #RiskManagement
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A couple of years ago, during our office relocation, my colleagues and I stumbled upon a dusty binder tucked away in the back of a cabinet. Its title, 'Compliance Issues 1996,' spoke volumes. Upon opening it, we found only a handful of files, a stark contrast to today's reality. Fast forward to 2024, and compliance is no longer an afterthought; it's a vital element integrated into the fabric of top management. The emergence of events like The Wall Street Journal CCO Council summit, alongside esteemed gatherings of the WSJ CEO Council and CFO Council summits, underscores this evolution. In light of recent global events marked by significant escalations in sanctions, export controls, and the proliferation of supply chain-related laws and regulations, trade compliance has risen to the forefront of concerns within the compliance domain. I look forward to contributing to the inaugural WSJ CCO summit in London and, together with the audience, delving into the complexities of today's supply chain management and how sanctions and export controls are affecting their businesses. #WSJCCCOCOUNCIL #compliance #tradecontrols #sanctions #exportcontrols #supplychain https://lnkd.in/eWAQgJ2h
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A sobering read indeed. Ensuring ethical and regulatory compliance in supply chains is not just about avoiding risks but also about building trust and protecting your brand. Great insights on how businesses can tackle these challenges effectively!
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A sobering read indeed. Ensuring ethical and regulatory compliance in supply chains is not just about avoiding risks but also about building trust and protecting your brand. Great insights on how businesses can tackle these challenges effectively!
To view or add a comment, sign in