As we saw in the case of Bernie Madoff, when Harry Markopolos, the man who blew the whistle on the $65-billion Ponzi scheme, admitted to living in fear of his life, whistleblower protections are not enough to ensure that internal reporting continues in order for issues to be resolved efficiently....
The scandal has prompted increased demands from regulators in the US and Mexico, and banks will have to adapt to changing operating conditions. The leak of about 11.5 million documents from Panama-based law firm Mossack Fonseca in April has resulted in various repercussions for those named in...
The Panama Papers reveal the shady shenanigans of elites who use offshore finance extensively and prize private gains over public interest. This week, the Panama Papers came into focus. More than 11.5 million financial and legal records were leaked to the International Consortium of...
Cyber-espionage is a real and growing threat to businesses and economies in Singapore. Some counter-measures can be taken by the private sector. But the government plays an important role in protecting its businesses from cyber-exploitation. By Senol Yilmaz Over the few decades, Singapore’s...
