CRI Group’s compliance solutions are tailored to your organisation’s needs, helping assure compliance in all areas and keeping you one step ahead of regulatory requirements. Money laundering is a serious global issue and recent legislation is aimed at requiring organisations to follow strict anti-money laundering protocols. Our Due diligence 360° services provide the specialised intelligence needed by global financial institutions and multinational corporations to guarantee complete compliance with anti-money laundering (AML) regulations and legislations. Manage your third-party risks confidently with customised 3PRM™ solutions for your organisation or get certified.
ABAC Center of Excellence, powered by CRI Group, provides certification for internationally recognised ISO 37301 Compliance Management System standards. Find out more about our services below.
In a rapidly changing world where information has a significant value, supply chains are interconnected and there is uncertainty when doing business on a global basis, corporate security and resilience has become a board-level issue. The leaders of government and commercial organisations around the world are asking the following questions:
- How do we manage the risks to digital and physical assets?
- Does the organisation have the appropriate controls and contingency plans in place to protect our business?
- How quickly can we respond to a serious business crisis?
- Can the organisation rely on our third-party business partners to maintain appropriate levels of control?
Corporate security and resilience could never be more important than today. Increased media attention highlights the growing frequency of cyber-attacks, supply chain disruption and high consequence events such as natural disasters, insider attacks and fraud, ensuring that security and resilience are set to remain core elements of good corporate risk management both within the public and private sector.
CRI Group’s experts can help you determine your security and resilience levels, and develop controls to help manage and lower risks. Our agents are trained to find security weaknesses and help provide you with the solutions you need to deal with them. With stronger corporate security and resilience, your organisation will be more secure and poised to handle unseen threats.
So many global and regional laws and regulations, but so few resources are available to ensure compliance.
Ensure good governance & transparency with ISO 37301 Compliance Management Systems.
ISO 37301 is a worldwide-accepted standard that provides guidance for establishing, developing, implementing, evaluating, maintaining and improving an organisation’s compliance management program. It covers all compliance-related issues including anti-trust, fraud, misconduct, export control, anti-money laundering, and other unexpected risks which might affect your business. This standard is an invaluable complement to ISO 37001 Anti-Bribery Management Systems.
Due Diligence on potential business partners is vital to confirm legitimacy and reduce the risks associated with such professional relationships. Global integrity due diligence investigations provide your business with the critical information it needs in making sound decisions regarding mergers and acquisitions, strategic partnerships and the selection of vendors and suppliers. The level of due diligence will ensure that working with a potential trade partner will ultimately achieve your organisation’s strategic and financial goals.
Use our DueDiligence360TM reports to help you comply with anti-money laundering, anti-bribery, and corruption regulations or ahead of a merger, acquisition, or joint venture. You can also use them for third-party risk assessment, onboarding decision-making, and identifying beneficial ownership structures.
CRI Group’s own exclusive, expert-developed 3PRM™ services help you proactively mitigate risks from third-party affiliations, protecting your organisation from liability, brand damage and harm to the business. Whether your organisation has a large, well-established third-party program, is in the early stages of development, or is anywhere in between, 3PRM™ solution can improve the health of your program and future-proof your entire business in many forms. Our 3PRM™ solution streamlines the third-party risk management process through scalability, and efficiencies – from third-party risk identification to assessment what sets us apart is that our 3PRM™ solution includes:
- Due Diligence
- Screening & background checks
- Business intelligence: information management
- Investigations: i.e. IP, fraud, conflict of interest, etc
- Regulatory compliance
- Anti-bribery and anti-corruption (ABAC) compliance
- Employee auditing training & education
- Monitoring & reporting
From cybersecurity to anti-bribery, our solution is flexible and responsive to the various risk domains that are most important to your business. With a network of trained professionals positioned across five continents, CRI Group’s 3PRM™ services utilise one of the largest multi-national fraud investigation teams the industry has to offer.
The specialists in the Anti-Money Laundering (AML) Advisory Services division of CRI Group have provided support and assistance with AML issues for more than three decades. These services help an organisation:
- Meet international and regional AML compliance requirements
- Navigate various regional AML legislation and laws
- Identify high-risk individuals and avoid associations with potential money launderers
Our experts have studied the countless tactics and behaviours money launderers exhibit — trafficking, counterfeiting, corruption, third-party fraud or theft/diversion by insiders — and bring the highest level of competence and proficiency in our ability to execute effective detection and compliance programmes for our clients.
CRI Group’s Due diligence 360° services provide the specialised intelligence needed by global financial institutions and multinational corporations to guarantee complete compliance with anti-money laundering (AML) regulations and legislation involving trans-national implications. Visit our Due Diligence 360° services page.
IT (Internet technology) and telecommunications industry providers are the engines that help power commerce on a global scale. This massive industry includes companies that provide the infrastructure for communication across multiple countries and continents, including...Read More
Fraud is of the utmost concern for finance and professional services organisations. These include banks & financial institutions, real estate lenders, business credit and finance companies, commercial investment corporations, asset-based lenders, debt financing firms, acquisition...Read More
Fraud involving pharmaceutical companies and healthcare providers constitutes a major source of economic waste affecting countries around the world. In spite of increased awareness of the problem and the application of sophisticated anti-fraud mechanisms, individual actors and...Read More
Fraud prevention is one of the key policies that can aid an organisation in safeguarding itself against reprimands of the matter. One of the greatest encounters a fraud auditor can confront is the mission of...Read More
How do you manage risk? Managing risk effectively is essential to ensure businesses succeed and thrive in an environment of constant uncertainty. All types and sizes of organisations face internal and external factors that directly...Read More
Risk management is a full-time, ongoing endeavour for organisations in today's business world, and it poses constant challenges. Unfortunately, fraud, bribery and corruption are major factors affecting businesses and agencies of all sizes and industries....Read More
There is no "one-size-fits-all" method to the ISO 37001 Audit Process to achieve the anti-bribery management systems certification There's been much discussion surrounding ISO 37001:2016 Anti-Bribery Management Systems and the ways that attaining certification to...Read More
Inadequate due diligence hit SPAC Momentus $8 million SEC fine Inadequate due diligence hit SPAC Momentus $8 million SEC fine after misleading investors. The Securities and Exchange Commission (SEC) has charged the Momentus particular purpose...Read More
The global pandemic is rattling economies worldwide, disrupting supply chains, interrupting production, wreaking havoc on industry sectors and shuttering businesses; this is ultimately having an impact on the third-party relationships businesses have. It's highly probable...Read More
UK solicitor, Andrew Davies defrauding his firm £2.3m jailed A former senior partner, the UK solicitor, has been jailed for four years after defrauding his firm out of a total of £2.3m. Andrew Davies, 59,...Read More
Corporate due diligence and corporate accountability, ending an era of voluntary policing. A new EU mandate places liability on companies unable to assess and mitigate unethical third-party behaviour. New legislation requires companies operating in the EU...Read More
John Wood Group bribery probe trace back to its merger with Amec Foster Wheeler Plc. John Wood Group Plc has agreed to pay $177 million to settle the UK led bribery and corruption probe into a...Read More
There are many risks implicit in doing business, and CEO's and risk management officers face many internal and external threats. Most organisations face preventable risks; however, the burden of identifying risks can be too much,...Read More
Procurement risks: your lack of due diligence can lead to harm Procurement risks: lack of due diligence can lead to harm. Procurement is one of the most critical areas of any organisation, large or small....Read More
BS 7858:2019 Standard: A new way to mitigate employee risk during COVID-19 BS 7858:2019 Standard is the revised standard for screening individuals working in secure environments. The far-reaching impact of the COVID-19 outbreak has affected...Read More
Running worldwide businesses requires effectively recognising, analysing and managing risks and ensuring compliance. We have identified that many organisations having third-party relationships conduct inadequate due diligence that might posses significant risks. In this article, we...Read More
Organisations now, more than ever, become vulnerable and have to take actions now to protect themselves, reputation, employees and other stakeholders from bribery and corruption associated risks; particularly against the Global Corruption Pandemic. The recently...Read More
Wednesday the 9th of December marks the International Anti-Corruption day since the passage of the United Nations Convention Against Corruption on 31st October 2003. Based on AntiCorruptionDay.org, as the world is recovering from COVID-19 pandemic, this...Read More
The recent update of the BS7858 standard, “Screening of Individuals Working in a Secure Environment – Code of Practice,” places emphasis on the risk assessment of secure environment workers. The code focuses on the need for tighter...Read More
CRI Group is launching a third-party compliance verification and certification program - 3PRM-Certified™ - across the Middle East, Europe and Asian region. This Third-Party Risk Management (TPRM) program can help organisations establish the legal compliance, financial viability,...Read More
SEC’s Office of Compliance Inspections and Examinations Issues COVID-19 Risk Alert Lexology reported that “On August 12, 2020, the SEC’s Office of Compliance Inspections and Examinations (OCIE), issued a risk alert highlighting COVID-19 compliance risks and...Read More
Corporate fraud and corruption is growing in United Kingdom (UK). In a devastating article, Oliver Bullough proved that UK is quickly becoming the money-laundering capital of the world. In addition, the most recent The Guardian article "If you...Read More
International Chamber of Commerce (ICC) has launched an Anti-corruption Third Party Due Diligence guide for small and medium size entities. SMEs are often on the receiving end of burdensome due diligence procedures of large multi-national companies....Read More
Third party risk management, how to survive in a brave new world? Third party risk management. The Current Business Climate Requires a Review and Reassessment of Your Organisation's Third-Party Relationships. We won't soon forget the...Read More
Middle east corruption is a threat to the world. The United Arab Emirates (UAE) is a land of complex extremes where fabulous wealth and supercars live right next to staggering poverty. This is generally a recipe for fraud and...Read More
Organisations of all industries, from financial institutions to international energy companies, can gain distinct benefits from ABAC® Certification for ISO 37001:2016 Anti-Bribery Management System standard. The fact is, any company is potentially susceptible to bribery...Read More
Every successful leader has encountered a challenging scenario at some point in their career. The unprecedented COVID-19 pandemic, however, has forced leaders to face unforeseen new challenges. With the pandemic’s colossal impact on operations, workforces,...Read More
On 30 January 2017, following a four-month trial, former HBOS employees Scourfield and Mark Dobson involved in HBOS scandal were convicted of fraud and corruption involving a scheme that cost the bank £245m. Scourfield pleaded guilty to...Read More
What does an embezzler spend their money on? In the case of a New York man’s alleged fraud, just about everything, apparently. According to IDentutyUSA identity theft is on the rise during COVID-19 pandemic. Experts predict...Read More
When to conduct third-party screening? Why do organisations screen their employees but not the companies they work with? Failing to screen third-party screening to the same level as permanent staff will increase your risks on...Read More
Fraud poses a major threat to the UK and the world. The slow progress in fighting fraud in 2019 was evident to all of us with the never-ending stream of news stories documenting bribery and corruption cases around the...Read More
The Fraud Advisory Panel have set up a COVID-19 fraud watch group. A cross-sector and cross-industry coalition of trusted partners (including the Cabinet Office and City of London Police) who meet weekly to share information...Read More
When you download an app and it asks to access your contacts, location, and other information, it seems harmless enough, right? Surely the app will only use your data for its stated purpose, and only...Read More
It’s one of the most common forms of occupational fraud: employees fudging on their expense accounts. Earlier this month (June, 2020), Lookers (London-listed company) warned investors they might be unable to buy and sell its shares from the...Read More
Fraud and corruption are always evolving. Changes in methods, technology and other factors make it critically important those trying to prevent and detect it to evolve, as well. Part of that process is to analyse...Read More
Third Party Risk Management Strategy Third party risk management strategy. A business owner knows that one cannot produce a complete set of products and services to offer to their customers. Still, the need exists for...Read More
Gender-based violence is constantly on the rise - research by the UN Women, “The economic costs of violence against women” suggests that the cost of violence against women is 2% of global GDP, equivalent to US$1.5 trillion - incorporating gender-based violence...Read More
In 2016, responding to the need for a global standard to help organisations prevent and detect bribery and corruption, the International Organization for Standardization (ISO) introduced ISO 37001: Anti-Bribery Management Systems. This certification provides the...Read More
While the United Kingdom has positioned itself as a leader in the fight against fraud and corruption, the shifting economic conditions surrounding Brexit have raised uncertainty and vulnerability. As some organisations are forced to forge...Read More
Your company's security begins at the hiring process It's an exciting time for a company when business is growing and there is a need add more employees and start a hiring process. One organisation that was...Read More
Preventing bribery and corruption is a global effort that crosses international borders... Preventing bribery and corruption is a global effort that crosses international borders. In just the past few years, many governments have enacted more...Read More
CRI Group has been approved by the HRO Today Association as a Certified Provider to the human resources services industry. CRI Group completed a rigorous audit process and “demonstrated a high level of accountability of...Read More
First-world countries are not immune to the worldwide problem of corruption. As a matter of fact, the United States – considered by many as one of the leaders in anti-corruption laws and enforcement – has...Read More
Times are changing, and the resources required to conduct background searches and investigations have strained businesses worldwide. With a dramatic rise in business liability associated with hiring the wrong individuals and the increase in penalties...Read More
In a time of crisis, we often see the best in people. Even before COVID-19 was officially classified by the World Health Organisation (WHO) as a global pandemic, citizens and government leaders alike were praising...Read More
Adequate Procedures in Malaysia, how to demonstrate it? Adequate procedures in Malaysia are the guidelines issued by the Malaysian Anti-Corruption Commission (MACC). It also is a term made popular through the UK Bribery Act of...Read More
Malaysia is taking a further step against corruption with its new Corporate Liability Provisions of the Malaysian Anti-Corruption Commission (Amendment) Act 2018. The new provisions go into force this June. The measure has been compared...Read More
ABAC Center of Excellence Limited announced that the United Kingdom Accreditation Service (UKAS) has accredited ABAC's Anti-Bribery Certification services for administering the ISO 37001:2016 Anti-Bribery Management Systems standard. ABAC Center of Excellence Limited provides ISO...Read More
Third-Party Risk Management Compliance Program: Does your business have a Third-Party Risk Management (TPRM) Compliance Program? Are you establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to...Read More
“Manage your business risks with confidence” was the tone for CRI Group’s ABAC® Center of Excellence anti-bribery anti-corruption training event held on International Anti-Corruption Day (Monday, 9 December) in Dubai. Hosted at Dubai Quality Group’s...Read More
These are challenging and complex times. COVID-19 is forcing organisations to adapt quickly and change their business model in the process. In an era of compliance, with many regulations and regional "interpretations", leaders and organisations...Read More
We recently launched a FREE publication "South Asia grapples with anti-bribery compliance", which overviews anti-bribery, anti-corruption and ISO 37001 solutions in Malaysia and entire in South Asia. South Asia has a troubled record when it comes to...Read More
There is a new standard for preventing bribery in business: ISO 37001:2016 Anti-Bribery Management System standard was created by the International Organization for Standardization (ISO) to help companies worldwide increase and measure their efforts against bribery and...Read More
Apex Shipping Services LLC, based in Dubai (UAE), has successfully demonstrated compliance with ISO 37001 Anti-Bribery Management System (ABMS) requirements and attained ABAC Certification from CRI Group (Corporate Research and Investigations Limited). Kanwal Zafar, Managing...Read More
On the whole, South Asia has a troubled record when it comes to preventing bribery and corruption, and enforcing compliance. Recent cases and statistics show that the problem persists in most countries in the region....Read More
According to the International Monetary Fund (IMF) public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and...Read More
Bribery and corruption are worldwide problems with serious consequences for organisations of any size, industry or region. To help combat this threat, the International Organization for Standardization (ISO) issued the ISO 37001:2016 Anti-Bribery Management System...Read More
Corruption: a real Threat to Organisations Worldwide For ages, systematic bribery was tolerated in various countries and industries as a "necessary part of getting business done or circumventing bureaucratic red tape." The times are changing,...Read More
Award-winning Information Technology Services company ISS Middle East FZC (IntelliSoft) has successfully demonstrated compliance with ISO 37001 requirements and attained ABAC Certification in ISO 37001:2016 Anti-Bribery Management System (ABMS) for services such as SAP Professional,...Read More
It's a well-known World Bank statistic, but one that bears continual repeating: More than US$1.5 trillion – or 2% of world gross domestic product – is paid in bribes each and every year, contributing to...Read More
Pharma and Healthcare Companies can Benefit from ISO 37001 When global pharmaceutical giant GlaxoSmithKline found itself in the Chinese government’s crosshairs for an alleged large-scale bribery scandal, there was perhaps little doubt that the consequences...Read More
Risk management requires continuous improvement. Without a company culture strongly aligned with principles of continuous improvement, organisations will struggle to implement, let alone maintain successful risk management programs. This can be challenging in practice, as cultivating...Read More
Anti-bribery and anti-corruption efforts are a huge priority in the South Asia Region, with many governments trying to strengthen laws and enhance enforcement in both their private and public sectors. As recent high-profile corruption cases...Read More
We at the CRI Group believe that businesses that are being run free of corruption accomplish their vision and mission sooner and easier. They bring good to the world more effectively than others. When a...Read More
How to Protect Your Business from Money Laundering Activities? Today, having anti-money laundering processes in place is more than a matter of smart business. In most jurisdictions, it is also a legal necessity. Organisations large...Read More
Money laundering should be near the top of the list of any business owner’s concerns. Anti-money laundering legislation and regulations are strict and increasingly enforced, and remaining in compliance through implementing proper prevention controls is...Read More
ISO 37001:2016 Anti-Bribery Management System Certification is critical for organisations in the public, private and non-profit sectors. After all, consider the benefits: Certification adds a distinct level of credibility to the organisation’s management systems and...Read More
In one case, an enforcement agent for a Malaysian government department pleaded guilty for receiving a bribe from a business owner. In another, a U.S. district attorney from Philadelphia was accused of taking cash in...Read More
Once upon a time, the idea of business ethics was more of an abstract or philosophical notion that seemed more suited for discussion in a university lecture or at a business conference. Today, however, organisations...Read More
One of the most important aspects of any organisation is its culture. How do employees relate to one another? Is it a positive and enriching place to work? Do employees trust their colleagues, and look...Read More
Managing the third party risk Managing the third party risk. It's highly probable that, at some point, organisations that affiliate with outside providers will eventually have to deal with an operational interruption resulting from a...Read More
Bribery and corruption are serious concerns to businesses, government agencies and non-profit organisations. In fact, the risk of being associated with the negative impacts of this type of fraud extends to third party partners and...Read More
Economic crime (also known as financial crime) principal catalysts is monetary gain. However economic crime not only has a devasting effect on individuals and communities but when associated with organised crime and terrorist financing it...Read More
Ethics hotlines are growing in popularity. In 2017 the South Africa Home Affairs Minister Malusi Gigaba announced over 3,000 officials were found guilty of misconduct related to cases reported via the National Anti-Corruption Hotline (NACH). “The...Read More
ISO 37001:2016 Anti-Bribery Management System Certification is critical for organisations in the public, private and non-profit sectors. It provides an important layer against threats of bribery, corruption, fraud and other security concerns. It also sets...Read More
GET INDUSTRY NEWS DELIVERED TO YOUR INBOX
Sign up for risk management, compliance, corporate and background investigations, business intelligence and due diligence related news, solutions, events, and publications.