Meet Dato’ Sri Akhbar Haji Satar
Dato Sri Akhbar Satar, Founder and President of the Association of Certified Fraud Examiners (Malaysia) spoke at ABAC®‘s live ISO 37001 training session on the 30th of September on the Pitfalls Most Organisations Often Commit – the importance of implementing an Anti-Bribery Management System (ABMS). The live ISO 37001 training course featured information regarding bribery, including consequences of bribery […]
ISO 37000:2021 Governance of Organisation Overview: the International Benchmark for Good Governance
ISO 37000 Governance Standard ISO 37000 Governance Standard. The International Organization for Standardization launched the ISO 37000:2021 Governance of Organisations — Guideline in 2021. It is advised to implement ISO standards as these standards are universally agreed by experts and thus can be used based on a global scale. Standards typically take in a vast range of […]
What are the measures to implement to prevent fraud?
Measures to prevent fraud: What approach does your business need to consider? According to a survey for the Association of Certified Fraud Examiners (ACFE) UK Chapter with the Fraud Advisory Panel, as carried out by the UK consultancy Perpetuity Research, there appears to be a clear-cut, ardent desire from organisations for the mandatory reporting of fraud […]
Fraud Solutions and Best Practices: ACFE’s findings
Fraud Solutions and Best Practices – The ACFE’s Findings The Association of Certified Fraud Examiners (ACFE) and Fraud Advisory Panel’s “The mandatory reporting of fraud: Finding solutions and sharing best practice” report reveals a lot. This small-range study intended on examining the ever-rising significance of making reporting fraud a mandatory practice in England and Wales and balances the justifications […]
ABAC® is a registered member of the DIFC
ABAC is officially a Dubai International Financial Center (DIFC) Registered Member We are proud to announce that the ABAC® Center of Excellence Limited is now an official member of the Dubai International Financial Center (DIFC) family. Since the company’s launch in 2016, the organisation has accomplished many milestones but ABAC®’s incorporation with the DIFC is most definitely […]
Why Financial organisations Need ISO 37001?
Financial Firms – Why ISO 37001 ABMS is necessary to this sector? Why do financial firms need ISO 37001 Anti-Bribery Management Systems? In most European countries today, it can be very costly to be caught breaking bribery laws. Most laws call for stiff fines. The UK ushered in this landscape with the introduction of the […]
Webinar Recording: What can financial institutes do to safeguard themselves from bribery and corruption?
What can financial institutes do to safeguard themselves from bribery and corruption? Corruption in the finance industry has revealed itself in the form of several disgraces involving money laundering, tax evasion and even rate rigging. With finance being the heart of the economy and general civilian life, instances of bribery and corruption in this particular […]
Royal Brunei Airlines attends ISO 37002 Whistleblowing Management System training with ABAC® Group
We are delighted to announce that Royal Brunei Airlines Sdn Bhd, the national flag carrier airline of Brunei Darussalam, has successfully gone ISO 37002 Whistleblowing Management System training through Anti Bribery and Anti-Corruption (ABAC®) Center of Excellence. Zafar Anjum, CEO at ABAC®, made the announcement. “We are honoured to train the Royal Brunei Airlines team […]
Overview: OECD revised recommendation on how to further fight the bribery of foreign public officials
OECD’s Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business Transactions On 9 December 2021, the OECD Council adopted the 2021 OECD Anti-Bribery Recommendation, which supersedes the 2009 Recommendation. The revised Recommendation on Further Fighting the Bribery of Foreign Public Officials in International Business Transactions represents the latest and sharpest […]
Whistleblowers are now legally protected in the EU: Comply with the EU Whistleblower Protection Directive
EU Whistleblower Protection Directive. EU Whistleblower Protection Directive, whistleblowers are now legally protected in the EU. As of 17th December, the Directive (EU) 2019/1937 (commonly referred to as the “EU Whistleblower Protection Directive”) has become effective. Adopted by the European Council in 2019, the Directive aims to strengthen protections for people who report breaches of […]