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While Ukraine battles an invading Russian enemy currently occupying approximately 18% of Ukrainian territory (1), it is also focused on its battle with the ‘enemy within’, namely elevated levels of corruption and other commercial crime. 

Since the Revolution of Dignity in 2014, Ukraine’s pro-Western authorities have worked tirelessly to align themselves with European Union (EU) anti-corruption and anti-fraud efforts, notably establishing the National Anti-Corruption Bureau of Ukraine (NABU) in 2014, which prepares corruption cases for prosecution by a Specialised Anti-Corruption Prosecutor’s Office.…

Fashion retailers worldwide have publicly committed themselves to achieving ambitious sustainability goals, ranging from reduced emissions to greater circularity of materials through more effective recycling. Some of these goals have been adopted from external sources, such as the United Nations Sustainable Development Goals (UN SDGs) (https://sdgs.un.org/goals…

The European auto sector is uneasy about the 35.3% countervailing duties that the European Union (EU) has imposed on China-built BEVs on top of the standard 10% import tariff. While they were imposed in response to what the EU executive, the European Commission, claims are unfair state subsidies throughout Chinese supply chains that undercut the bloc’s own European Automobile Manufacturers’ Association (ACEA) has declined to comment.…

Activists within the UN-supported Higher Education Sustainability Initiative (HESI) have been discussing plans to integrate sustainability concerns into HE courses’ accreditation, so that environmental-health concerns become an integral part of learning. https://sdgs.un.org/HESI

Debra Rowe, HESI Action Group co-chair and president, said speakers emphasised “the international trends toward this from business schools, engineering programmes, countries’ national policies, and more, and how we can help these countries move along faster in this direction.”…

Greece’s higher education sector is on the brink of a major transformation, with Cyprus’ University of Nicosia (UNIC) pushing to establish the country’s first private university – a UNIC Medical School in Athens, and at least other 25 globally-recognised universities prepare to offer graduate and postgraduate degrees in Greece.…

Lying on CVs, fraudulent qualifications, ‘polygamous’ home-based working with unauthorised sidelines, and insider threats to companies from such hiring fraudsters, are occurring more frequently in job applications. In countries that suffered higher inflation post-Covid 19, the resulting ‘cost of living’ crisis is considered a motivator such sharp practices, while qualification fraud is being enabled by the relative ease of digitally altering confirmation documents, compared to hard copy originals.…

Tanzania is now Africa’s second-largest raw tobacco producer after Zimbabwe, according to the country’s agriculture minister Hussein Bashe and plans are underway to increase production and leaf processing capacity by encouraging more small-scale farmers to engage in contractual tobacco commercial farming.…

Employing former fraudsters is fraught with risk compared to hiring staff with no criminal record, but companies such as Big 4 accounting network KPMG who does this in Britain, argue that there are real benefits – and not just for ex-cons.…

Securely onboarding customers is a significant cost for financial institutions. Technology is viewed as a panacea, but processes are not as effective as they could be, in part due to the tech itself, but also regulatory issues, such as over data sharing.…

Myanmar, ruled by a military government since a February 2021 coup, remains one of the three countries that FATF has blacklisted as “high-risk jurisdictions [with] significant strategic deficiencies” in their AML. CFT and CFP regimes (1). The other two are Iran and North Korea – all three’s associated transactions and business dealings are subject to enhanced due diligence and potential countermeasures to protect the international financial system from their ML/TF/PF risks.…