Tag / Articles
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The Legacy of Operation Car Wash and Brazil’s Compliance Environment in 2021 Brazil’s Public Prosecutor’s Office (MPF) formally closed Operation Car Wash (Lava Jato), the epic corruption investigation which began in 2014 with a routine money laundering probe of an actual car wash in Brasilia. The investigation, which ended in February, quickly grew into a complex series of criminal prosecutions that snared former-President Lula da Silva as […] -
Vcheck Global Receives Strategic Investment from Sunstone Partners Sunstone Partners announced today its strategic growth investment into Vcheck Global to accelerate development of products and technology for delivering game-changing due diligence and background investigation solutions. “Vcheck Global has experienced unprecedented growth over the last few years and we have an incredible opportunity to truly change the game for lenders, investors, risk and compliance […] -
A Hat Trick of Sportswashing, State-Ownership, and Soccer: The Saudi Takeover of Newcastle United The protracted Saudi-led takeover of the English soccer club Newcastle United came to an end last month when a consortium comprising the Saudi Public Investment Fund, PCP Capital Partners LLP, and RB Sports & Media Limited bought the Premier League club for GBP 300 million (USD 409 million). This purchase capped off an 18-month saga […] -
Patchouli and Power Suits: Activists and Regulators Target Greenwashing In advance of the 2021 United Nations Climate Change Conference, the head of environmental group Greenpeace raised concerns about attendees “greenwashing” efforts. Greenwashing refers to the practice of intentionally misleading consumers about the environmental benefit of an offering; accusations of greenwashing have become commonplace. Just last month, McDonalds was on the receiving end of climate-related […] -
Who’s In Charge Around Here? Understanding Japan’s Corporate Hierarchy When moving between cultures, learning how to describe familiar things in a new way is a necessity. The thing called an apple, ringo, or pomme will be the same regardless of the word used to describe it, so the challenge becomes learning which word to use in which context. A version of this conundrum arises […] -
Looking a Gift Horse in the Mouth: Risk Management for Nonprofit Organizations A long-standing debate in the nonprofit sector is whether such organizations should operate like businesses. Regardless of one’s stance, few nonprofit professionals and volunteers will dispute the importance of protecting their organization’s reputation. Unfortunately, reputational risk mitigation is frequently not afforded the requisite level of attention required to protect nonprofits against a host of serious […]