The Brexit Aftermath: Why Identifying And Managing Supply Chain Risk Is More Important Than Ever For Exporters

blog, Compliance Monitoring Software, Import/Export, Risk Management, Supply Chain

If you’re an exporter, last week’s shock result in the UK’s ‘Brexit’ referendum has thrown the importance of supply chain management into the spotlight. Britain’s decision to leave the European Union has rocked markets worldwide, and The Australian reports that some executives and advisers are cooling off on corporate deal-making as boards wait to see how currencies settle and reassess the risk of doing business in Britain.

How The Wool Industry Can Manage Risk To Grow Exports To China

blog, Compliance Monitoring Software, Import/Export

Some things in life are simply meant to go together, and one such pairing is undeniably the Australian wool industry and China. Australia is the world’s number one producer of premium quality fine wool, and is the largest producer of all wools by value and volume. 73% of Australian wool exports go to China, the largest importer of wool in the world. In fact, Australian wool makes up 63% of the entire Chinese wool market.

In Compliance, Big Salaries Come With Big Risks and Responsibilities

blog, Compliance Management, Compliance Monitoring Software, Operational Compliance, Regulatory Compliance, Risk Management

Compliance has become a huge industry, partly out of wanting to simply do good business, but mostly out of the necessity of complying with ever-increasing rules and regulations from governments and other regulatory agencies.
In response to the new demand, companies are now paying hefty salaries to compliance officers. As with all things, however, great rewards come only from great risks and responsibilities.
In this article we explain why Compliance Officers are earning higher salaries and why they are personally at risk for non-compliance.

Oversight and Audits are Necessary to Remedy Game-Fixing Plague

blog, Regulatory Compliance, Risk Management

The recent FIFA scandals have put the spotlight on corruption in sport, and we have been pointing out that in this situation, as with any similar problems in business or other organisations, good governance and ensuring proper compliance are key in minimising the issues.
But while the scandal of the day concerns bribery, there is another issue in global sports that has much stronger roots: the problem of game-fixing. In other words, players purposefully losing a game, holding back on their play, or otherwise disregarding fair play in return for money.
In this article, we discuss how game-fixing facilitated by online betting can be curbed, using a three-pronged compliance approach.