A Marriage Between Compliance And Culture: Building On Solid Foundations

In seeking to create greater awareness on financial crime related obligations, Ganado Advocates is launching "The Financial Crime Series". This series of short articles seeks to highlight the various aspects which organisations are to take into account when establishing and maintaining a robust financial crime framework.

The first article within this series relates to the importance of embracing a compliance culture within the organization, how such compliance culture can be achieved, and the responsibilities which the board of directors has in ensuring that this is maintained. Given the clear overlap which there is between financial crime and compliance function, this article will also delve into certain compliance related matters, as part of the financial crime framework.