Financial Crime Quarterly – Issue 4 – Q2 2021

In this issue of our quarterly newsletter, we will be taking you to aspects of financial crime that – to date – have been considered by industry experts and regulators alike to be somewhat ‘beyond the mainstream’. We all know-how, for example, regulatory scrutiny of the global systemic banks and expectations of the financial services […]

Financial Crime and the Gaming Industry

AML regulations and scrutiny are increasing for gaming operators. Fines imposed in Europe last year notched a new record, surpassing £40 million. Organisations are forced to adapt, protect and grow their business in a challenging environment. Will your business pass regulatory scrutiny? At FTI Consulting, we understand the many challenges and opportunities that the industry […]

The benefits, risks and limitations of lifestyle audits

The ‘lifestyle audit’ is a buzzword on the South African anti-corruption agenda. In 2018, incumbent president Cyril Ramaphosa called for lifestyle audits on people in positions of responsibility. Some state employees, including members of the Western Cape cabinet and South Africa’s national power company Eskom, have already been subjected to lifestyle audits. The South African […]

The case for a code of conduct for software licence audits

Almost all software licenses include a provision for the audit of a customer by the vendor to check whether usage complies with the rights acquired.  Globally, there are thousands of such audits every year, conducted by vendors and by third parties on their behalf and billions of dollars change hands as a result. Customers dislike […]

Draft for Discussion: Software License Audits: Code of Conduct

Each year, there are thousands of software audits executed worldwide by vendors and their designated third-party auditors, but no consistent approach to the conduct of these audits. There is significant variation between vendors on all aspects of the software audit process, making it difficult for a customer to develop a consistent approach to managing what […]

Strengthening Cyber Resilience in the Wake of the Pandemic in South Africa

Recent data from FTI  Consulting’s 2021 Resilience  Barometer—which draws on  insights from business  professionals in South Africa  and globally regarding the  major commercial,  technological, reputational  and legal challenges of the  last year—confirmed that this  increase in risk has not been  adequately addressed by most  corporations in South Africa Cybersecurity remains a significant concern for businesses […]

Risk Intelligence Reporting

FTI Consulting South Africa’s Forensic and Litigation Consulting segment is pleased to present Investigation, Risk & Intelligence Services (IRIS), its new investigative service offering comprising corporate intelligence, reputational due diligence and verification. We assist clients by identifying, assessing, contextualising and synthesising key information on target  companies and individuals so that clients are fully equipped ahead […]

For further information please contact Linda Bertolissio or Riina Rintanen.