Blogs and News
The Importance of ESG: A Path to Sustainable Business Practices
ESG stands for the three sustainability criteria—environment, social, and governance—and refers to the sustainability criteria that companies should take into account in their business activities.
Why should we care about human rights and the environment in the supply chain, and what are the benefits for my business?
Why care about human rights and environmental protection in your supply chain? There’s an increasing awareness of the impact supply chains have on environmental health
Why are business ethics and a code of conduct so essential? How can a company avoid empty promises and uphold its code of conduct?
What is business ethics? Business ethics refers to the principles and standards that guide the behaviour of individuals and organizations in the business world. These
Why should non-US companies adhere to OFAC and US sanctions? Who enforces UN and nation state sanctions against other nations, companies, and individuals?
Why should a company outside the US adhere to US Sanctions and OFAC regulations? Companies outside of the US should obey the US Sanctions and
Who should be liable if you are prosecuted for non-compliance? Your technology provider, or yourself? What about the importance of data quality in view of vetting?
When I’m using technology for KYB vetting, am I free from liability? Can I hold the technology provider responsible if I’m penalised or prosecuted? You
Audit, Cost of Compliance, and Risk of Non-Compliance
How do I weigh compliance costs, such as conducting comprehensive KYB vetting with UBO identification, against the risks of non-compliance? You should weigh the costs
What do you need to know if you’ve screened your business partners, employees, or job applicants and found a match? How do you evaluate a match’s risk?
I’ve already screened my business partners. Why do I also need to screen employees and job applicants? Business partners are vital to your success, but
Why are some companies unwilling to disclose their UBO, and how will it benefit me to inquire about it?
Why are so many companies reluctant to disclose their ultimate beneficial owners (UBO), and why do we have to continue to request this information? There
How can identifying and screening UBO protect your company?
What is a UBO? UBO stands for “ultimate beneficial owner.” This is the person who ultimately controls the company and benefits from the company’s activities.
Difference between reputation risks and adverse media
What are “reputation risks”? Reputation risks are any potentially harmful effects a company’s actions, behaviors, or relationships may have on its reputation. The risks come
The EU AML Directive regulations, and distinctions between KYB and KYC: All You Need to Know
Klaus Burkart, co-founder and COO of Cargodian GmbH, talks about the European Anti-Money Laundering Directive (AMLD), its impact on EU enterprises, why firms should implement
The German Supply Chain Due Diligence Act (LkSG) comes into effect January 2023. Is your B2B sales to Germany at risk?
With the EU Corporate Sustainability Due Diligence Directive still in limbo, those aiming to focus on B2B sales to Europe should know that Germany has a separate law (the
Why The AMLD (KYB, KYC) Does Matter For Your Business Now
If your company operates within a member state of the European Union, you are already experienced in navigating the regulations implemented under the European Anti-Money Laundering
Why Customer Due Diligence Does Matter For Your Business Now: Sanctions And Embargoes
Germany is one of the many countries in the European Union and around the world that has enacted sanctions against Russia in response to military
Money laundering directly enables more serious crimes, human rights abuses, and corruption. The AMLD is important for your business now.
The best way to protect your company from falling victim to money laundering or assisting in illegal activities is to make sure you know who
Anti-Money Laundering and Supply Chain Due Diligence Act in Germany
Read our latest article on Anti-Money Laundering and Supply Chain Due Diligence Act in Germany. And check out Trustnet.Trade® from Cargodian, our innovative compliance-as-a-service solution
Criminals are using advanced technology. Do you stay ahead?
Read our latest article on Anti-Money Laundering and Technolgy. And check out Trustnet.Trade® from Cargodian, our innovative compliance-as-a-service solution for SME. www.trustnet.trade Terrorists and other