When we think of financial crime, few would consider procurement fraud to be one of the most pressing threats facing their business. Yet according to PwC, this form of fraud is the second-most commonly reported economic crime in the world, ranking above bribery, corruption and even cybercrime.
Utility regulators (URs) for the power sector often fail to implement well-designed policies because of legal, operational and political limitations. Continuously improving policy without addressing these limitations will lead to ineffective policy outcomes.
Any replacement for the London Inter-bank Offered Rate (LIBOR) will have serious investment, accounting and legal implications for various global stakeholders (SHs). The LIBOR has been the most widely used interest rate in the world.
The world saw its first regional central bank with the formation of the European Central Bank (ECB). Regional central banks…
Renewable energy (RE) is the answer to a number of questions, including those regarding battling climate change as well as ensuring geopolitical energy security. However, the answer to promoting fast RE growth rests on ensuring that RE has no shortage of private-sector financing.
Terrorism financing has been a serious concern for the global financial community because of its potential for inviting fines and…