Taylor Root’s Post

Read the latest market insights in our latest in-house salary guide for Asia. We provide you with a detailed analysis of the in-house legal, risk and compliance markets, as well as salaries by industry sector and experience level. Available to download now: https://lnkd.in/gGatYbXf #TaylorRootAsia #inhouselegalsalaries #hongkong #lawyer

🚨 Breaking News 🚨 MACC officers and HRD Corp are currently collecting documents linked to the AG's report. Find out more about this developing story here: https://lnkd.in/gUzM338h Stay informed and stay tuned for updates on this important investigation. #MACC #HRDCorp #AGreport #BreakingNews 📰🔍 HRLAW Workshops for Finance Specialists. Learn more at www.hrsingapore.org #HR #Law

Hong Kong’s audit regulator, the Accounting and Financial Reporting Council (AFRC), says it expects all audit firms and their staff to comply with all relevant laws and regulations set out within the accountants’ ethics code. The statement is the latest from the regulator reminding auditors of their professional duties. Read more here: https://lnkd.in/e2gxVEKP #Audit #Accountant #Regulation #CrossBorder

Hong Kong’s audit regulator, the Accounting and Financial Reporting Council (AFRC), says it expects all audit firms and their staff to comply with all relevant laws and regulations set out within the accountants’ ethics code. The statement is the latest from the regulator reminding auditors of their professional duties. Read more here: https://lnkd.in/g9pTMrsc #Audit #Accountant #Regulation #CrossBorder

Hong Kong’s audit regulator, the Accounting and Financial Reporting Council (AFRC), says it expects all audit firms and their staff to comply with all relevant laws and regulations set out within the accountants’ ethics code. The statement is the latest from the regulator reminding auditors of their professional duties. Read more here: https://lnkd.in/ggsdvBrF #Audit #Accountant #Regulation #CrossBorder

Looking forward to attending a seminar on workplace malpractice and internal investigations hosted by my talented colleagues. Excited to learn more about best practices and strategies for handling sensitive matters. #workplacemalpractice #internalinvestigations #professionaldevelopment #learning #FTIconsultng #teamFTI

Exciting news in the compliance sector! As regulatory pressures rise, compliance roles are evolving into vital, independent functions on par with legal teams. A recent report from Major, Lindsey & Africa highlights this shift and the corresponding pay surge. Discover more here: https://okt.to/13pKT7

Exciting news in the compliance sector! As regulatory pressures rise, compliance roles are evolving into vital, independent functions on par with legal teams. A recent report from Major, Lindsey & Africa highlights this shift and the corresponding pay surge. Discover more here: https://okt.to/gzna6u

Lloyd's is proposing to implement a suite of changes to modernise and streamline its approach to dealing with poor conduct and behaviours in the market which includes dealing with financial and non-financial misconduct. We wish to consult on the key changes that we propose implementing. The new framework for managing such issues is designed to • Ensure better alignment with firms’ own internal HR and disciplinary processes, supporting firms’ ability to investigate their own employees and to address issues themselves; • Expressly recognise our trust in the ability of those managing agents and syndicates that meet the expected levels of maturity under the Culture Principle to investigate and resolve issues before intervention is required from Lloyd’s; • Provide greater clarity as to the types of conduct or behaviours that Lloyd’s considers unacceptable, including for non-financial misconduct, and to set out when and how Lloyd’s will intervene; • Align Lloyd’s Enforcement and Oversight functions so that Lloyd’s can adopt a more holistic approach when dealing with cases, with Oversight intervention being at the heart of this process, but with Enforcement being available as needed; and • Improve Lloyd’s internal decision-making processes, so that decisions can be made in a more timely and consistent manner, whilst also preserving necessary procedural safeguards. Details of the changes and how to provide feedback are set out in our consultation document. The consultation document, together with the proposed Enforcement Byelaw amendments, can be found on our website at https://lnkd.in/eGP7pHHd

Navigating Regulatory Compliance and AML for Family Offices in Indonesia Family Offices in Indonesia must prioritize Anti-Money Laundering (AML) and regulatory compliance to safeguard their operations and maintain trust. Key areas include: - AML Regulations: Compliance with PPATK and Indonesian AML laws, including customer due diligence (CDD) and reporting suspicious transactions. - Tax Compliance: Adhering to local and international tax laws and transfer pricing regulations. - Corporate Governance: Implementing robust internal controls and regular audits. - Technological Integration: Using data analytics and AI for transaction monitoring and compliance. - Global Standards: Aligning with FATF standards and cooperating with international bodies. By focusing on these areas, Family Offices can ensure operational integrity and long-term sustainability.