Yearly Archives: 2018

a piece of cardboard ripped revealing the text Tax evasion

Complying with the Criminal Finances Act: 5 key things you can’t forget

The Criminal Finances Act (the Act) introduced two new corporate criminal offences which came into force in September 2017. One is failing to prevent the facilitation of UK tax evasion by associated persons and the other is failing to prevent the facilitation of foreign tax evasion by associated persons. Since then, organisations can be held…

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How does your ethics and compliance function compare?

Does your organisation have a stand-alone ethics and compliance function? What is the reporting line? How often does your organisation carry out due diligence checks on third parties? Does your organisation have an ABC-specific risk assessment progress? These are just some of the questions posed at the compliance programme benchmarking session moderated by GoodCorporation at…

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Assessing culture to become a key tenet of UK corporate governance

Following the publication of the new UK Corporate Governance Code last month, corporate culture looks set to become a boardroom issue. While most boards recognise the importance of culture, a survey of FTSE 350 board directors in 2016 found that only 19 per cent felt that the primary accountability for their company’s culture sat with…

Big Ben with Westminster Palace under blue sky.

How can corporate culture be measured?

With poor corporate culture perceived to be a business risk in itself, what should companies be doing to mitigate that risk and ensure they have the right culture in place? GoodCorporation asked L’Oreal’s Senior Vice President & Chief Ethics Officer, Emmanuel Lulin to explore the value, strategic importance and practicalities of measuring corporate culture at a…

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National employee survey uncovers key weaknesses in UK workplace culture

“Businesses need a better understanding of their company culture to avoid reputational risk” say responsible business experts GoodCorporation Over a quarter of the UK workforce believe their managers would bend the rules if necessary to get the job done, according to a survey by Opinium for business ethics advisers GoodCorporation, published today. The survey also…