As if things werenÆt risky enough

Sharon McCarthy from risk consulting firm Kroll suggests that, in troubled times, it's not only market risk that companies need to be vigilant about.

When times are good and the money is rolling in, banks can be lax about scrutinising their operations. When the profits turn into losses, banks become more introspective, and a whole can of non-compliance worms spills out, says Sharon McCarthy, Hong Kong-based associate managing director at risk consulting company Kroll.

One of the things that can emerge is fraudulent activities. In a recent report, McCarthy shares examples of recent cases she has seen. After the hasty acquisition of...

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