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Blockchain is a system in which a trail of transactions made in Bitcoin or another cryptocurrency are maintained across multiple computers that are linked in a peer-to-peer (P2P) network. It provides a channel to obtain evidence of transactions. Blockchain and other distributed ledger technologies are likely to radically change the financial eco-system as virtual assets become widely available and ...

In the new digital economy, companies are having to evolve and re-invent themselves in order to remain competitive. This has fundamental implications for a company’s products, underlying product delivery capability, and their organizational structure. This in turn has fundamental implications for the skill set of the future compliance officer.

When it comes to understanding the South African retirement system, the first thing members of retirements schemes would acknowledge is the complexity of it all, especially the numerous rules and penalties that apply to early withdrawals. The rules and penalties were implemented with good intentions and were aimed at nudging members to retire with an adequate amount of savings. However, statistics ...

My dad used to tell me that it is about the number on the scoreboard. Right? You can play a hard netball or rugby match and give 120% and still end up with a loss on the scoreboard. The scoreboard is unfair as it is not always an accurate reflection of the effort that was clearly visible on the court or field. This is how I feel about South Africa’s recent addition to the Financial Action Task ...

Ever wondered about conflicts of interest declarations and the Protection of Personal Information Act (POPIA) where Employees have business interests outside the Employer? What is in the best interest of the Employer and its Stakeholders (‘Data Subjects’) as per POPIA? What impact does it have on the Employer, its reputation, and its other Stakeholders?

The world today faces various challenges because of megatrends such as corruption, health crises, climate change, technological progress, etc. It is notoriously difficult to effect change at any level, let alone at a societal level.

Corporate failures trigger pressing questions about what went wrong and who is to blame. We start to question our laws and enforcement mechanisms. We start to solve for problems without exploring the core issues underpinning the failure. Compliance requires improved scrutiny of the entire ecosystem, particularly in the case of public interest entities and entities with increased technological ...

We have often thought of the thousands of dedicated, hardworking, honest individuals across professions who serve as watchmen in our modern society. One such profession that is close to our hearts is that of compliance. The world owes much to the men and women behind the scenes who act courageously to promote the right behaviour and conduct from a regulatory compliance perspective in various ...