The Compliance Lady

Silent Exits, Loud Questions: Investigating Negotiated Departures

September 26, 2023September 26, 2023The Compliance Lady

Whistleblowers play an essential role in uncovering corporate misconduct, safeguarding the integrity of organizations, and protecting the interests of employees, shareholders, and the public. When whistleblowers come forward with allegations of wrongdoing within a company, it is vital to conduct thorough investigations to validate their claims. While abusive terminations and unfair dismissals are often recognized signs of corporate wrongdoing, another, more subtle indicator warrants our attention: negotiated departures.
In the world of corporate misconduct, silence often speaks volumes.
…Continue readingSilent Exits, Loud Questions: Investigating Negotiated Departures

Africa CORPORATE CORRUPTION

Bleeding Africa Dry: Colonialism, Corruption, and Plunder

September 17, 2023September 18, 2023The Compliance Lady

Colonialism has etched a profound and often painful mark on Africa, leaving behind a legacy of poverty, inequality, and underdevelopment that the continent grapples with to this day. Yet, amid the abolishing of colonial rule, one…Continue readingBleeding Africa Dry: Colonialism, Corruption, and Plunder

Airlines Aviation India Tax haven

Jet Airways’ Founder behind bars: How Funds Were Siphoned Off to Tax Havens

September 6, 2023September 6, 2023The Compliance Lady

In a startling turn of events, the Enforcement Directorate, a financial crime investigative agency under the Ministry of Finance in India, has made a high-profile arrest that is sending shockwaves through the country’s financial landscape. The individual at the center of this explosive investigation is the founder of a leading airline, a once-mighty aviation giant. His apprehension on September 1 has brought to the surface a complex web of financial intrigue and alleged misconduct, causing ripples far beyond the airline industry.

In this article we delve into the heart of this riveting story, exploring the initial allegations, the shocking revelations, and the implications for India’s financial sector. …Continue readingJet Airways’ Founder behind bars: How Funds Were Siphoned Off to Tax Havens

Crimes Against Humanity Magnitsky Act

Magnitsky Sanctions: A Global Stand Against Corruption

September 3, 2023September 7, 2023The Compliance Lady

It’s been 6 years since the U.S. launched the Global Magnitsky Program. During this time, the U.S. has designated around 450 individuals and entities worldwide for their involvement in human rights violations and corruption. Sergei Magnitsky,…Continue readingMagnitsky Sanctions: A Global Stand Against Corruption

Misuse of Legal Persons

New Guide to Mitigate Misuse of Legal Persons and Complex Structures

September 1, 2023September 1, 2023The Compliance Lady

The misuse of legal entities for illicit purposes remains a critical concern in the world’s financial landscape. A new comprehensive information document, complemented by illustrative case studies, has been issued to primarily serve as a guide to Financial Institutions (FIs).…Continue readingNew Guide to Mitigate Misuse of Legal Persons and Complex Structures

Compliance Officer Culture DOJ

Fluff v. Substance: the Art of Compliance Window Dressing (Part 1)

August 27, 2023August 28, 2023The Compliance Lady

A week ago, I initiated a highly scientific research poll (ok maybe not that scientific) aiming to bring a touch of humor to the often sober world of compliance. A phenomenon that has been increasingly raising…Continue readingFluff v. Substance: the Art of Compliance Window Dressing (Part 1)