This podcast features the latest interview in the areas of compliance, risk management and e-learning. Topics include ESG, AML, GDPR, harassment, FCPA, anti-bribery and more.
Founded in 2004, VinciWorks is a leading provider of online compliance training and risk management software. With over 1,000,000 users across 70 countries, VinciWorks has established itself as the definitive authority in online compliance.
VinciWorks offers a range of compliance and regulatory training courses on topics such as the General Data Protection Regulation, the Fourth Anti-Money Laundering Directive, the Criminal Finances Act, the Modern Slavery Act, the Bribery Act, cyber security, the Equality Act and more. All of VinciWorks’ courses are customisable and can be tailored to suit the industry and specific policies of each client.
In addition to training courses, VinciWorks offers compliance software solutions including its Learning Management System to track online learning, Omnitrack to track and manage online registers, Policy Tracker, a Risk Management System and more. VinciWorks has also published several policy templates and compliance guides to help organisations comply with the latest laws and regulations.
Global sanctions compliance in 2024
The field of economic sanctions has been growing increasingly complicated in recent years, and the past year was a historic and transformative period for the use of financial sanctions on both the global and UK levels, with Western nations launching an unprecedented line of sanctions against Russia as a result of its invasion of Ukraine in February 2022.
Recent conflicts such as the Hamas-Israel war in response to Hamas’s October 7 massacre, the Russian invasion of Ukraine, as well as events in Iran, China and other countries, have grabbed global headlines. These events have sparked waves of new laws and regulations around the world, from sanctions to tougher economic crime compliance rules.
All businesses must comply with financial and trade sanctions and companies must be able to prove that they are properly screening for sanctions. Failure to comply with screening requirements can carry stiff penalties reaching into the millions per infraction and any sanctions breach, even accidental, is a crime.
This episode will cover:
Recent sanctions issues and key compliance challenges and what to be aware of in the present volatile international landscape. The creation of the Office of Trade Sanctions Implementation (OTSI), the UK’s newly created body that will be responsible for the civil enforcement of trade sanctions, including those against Russia. The ever-relevant crossover between sanctions, terrorist financing, and AML, which has become increasingly important as the world faces rapidly evolving geopolitical challenges. The effectiveness of financial sanctions in general and those against Russia in the past two years in particular. Cases of sanctions breaches and consequences. Tips for sanctions compliance for both regulated and non-regulated businesses.
Undezrstanding the EU AI Act - What do companies need to know?
In this episode, we explore the vast implications of the EU AI Act, the world’s first comprehensive AI regulation.
With this legislation, the EU hopes to create a framework to regulate AI systems across the EU. But the Act will impact companies who do any business in the EU, and, similar to the General Data Protection Regulation (GDPR), the AI Act will likely set a global standard.
This episode will provide key background on how the AI Act was developed, its main elements, including an understanding of its risk-based approach, and critical advice on what companies must be aware of.
Importantly, we focus on how companies can prepare to comply.
This episode will feature:
A basic understanding of the AI Act How it will likely impact your company The impact of GDPR on AI – and why that matters How you can prepare – and when you need to Future trends in AI regulation around the world The episode features the VinciWorks compliance team and a legal GDPR / AI expert.
Understanding failure to prevent fraud - The new UK compliance requirement
Under UK law, a corporation can face criminal prosecution if it fails to prevent certain actions from being undertaken by its employees, associates or even contractors.
In this episode, we explain what this new corporate criminal offence means, what kind of fraud is covered, and how to comply with the ‘failure to prevent’ provisions.
Try our new customiseable collection of Fraud courses: https://bit.ly/fraud-courses Download our guide to Tax Evasion: Failure to Prevent: https://bit.ly/tax-evasion-guide
Compliance Trends 2024: What to put on your agenda
This episode dives into the top compliance trends to set your agenda for 2024. We’ll also delve into key compliance issues we expect to see in areas like anti-money laundering, diversity and inclusion, and sustainability. We’ll review key pieces of legislation we’re tracking in the EU, US and UK.
Try our customisable AI compliance training courses for free: https://vinciworks.com/courses/artificial-intelligence/
Download our free Top 10 Compliance Trends 2024 Guide: https://bit.ly/2024-compliance-trends-guide
Download our free Guide to Mental Health and Psychological Safety: https://bit.ly/psychological-safety-guide
Download our free US Corporate Transparency Act Guide: https://bit.ly/corporate-transparency-act-guide
Download our free Guide to the Foreign Subsidies Regulation (FSR): https://bit.ly/fsr-guide
Menopause in the Workplace
This episode discusses the taboo subject of menopause, specifically how menopause impacts the workplace. We go into the undeniable stigma around this topic, why it is important for businesses to offer more support to their employees, and how they could go about this.
Try our customisable GDPR and data protection training courses for free: https://vinciworks.com/courses/gdpr/
Download our free guide to World Menopause Day: https://bit.ly/4arwWdm
Learn more about our customisable Workplace Diversity Questionnaire: https://bit.ly/48n7Vhr
GDPR and Automation: Tracking the Challenges of Compliance
GDPR presents not just a single compliance challenge - how to get policies and procedures right - but an ongoing plethora of overlapping priorities that must be dealt with at various levels of the business. From implementing technical measures, tracking data subject requests and putting in place incident breaches registers, there is never an ‘end’ point to GDPR compliance.
However, automation of various data privacy and technical security tasks can vastly improve compliance efficiency and, more importantly, provide evidence of how your organisation complies with GDPR.
In this podcast, join our experts as they discuss:
The key GDPR compliance challenges for different types of organisations What is automation in compliance, and how does it work? What kinds of GDPR tasks can be automated Making the most of GDPR and automation How to save your organisation time, money and hassle with automation tools Resources:
Try our customisable GDPR and data protection training courses for free: https://vinciworks.com/courses/gdpr/ Download our free guide to Managing GDPR: https://bit.ly/3QZ2qhV Register for a free demo of the GDPR Registers Solution: https://bit.ly/3QUM0qO