Articles and Analysis

Our insights and thought leadership reports on the major trends that organisations confront, providing analysis and advice to our readers. 

AIM Director Due Diligence | April 2022

Neil Miller, Founder at TenIntelligence was recently quoted in the Daily Telegraph Business section outlining the importance of director due diligence for AIM listed companies.

Please read here for a summary of the article.

Data Protection Updates | June 2021

The GDPR turned 3 years old on 25th May 2021. The 2018 data protection regulation has caused a paradigm shift in how organisations and nations around the world control and process personal data, and has made clear to Europeans their right to have their data protected and only used in a manner for which they approve. With Brexit implemented, a major hurdle for regulators is to finalise rules for UK-EU data transfers.

Please read here for a summary of the most recent and relevant Data Protection updates.

Are you collecting laptops and devices from furloughed or redundant employees?

With many of us slowly returning to the office in response to the COVID-19 recovery, there has been an increased focus on ensuring all your company devices and laptops are secure and updated.  We urge all organisations to perform non-intrusive audits on all company devices, laptops and phones to confirm that your company data and any personal data remains secure and not inadvertently been leaked or breached.  There is also the threat of disgruntled employees who have either been made redundant or furloughed; yet are still in possession of your company devices and confidential information.

A Due Diligence guide for AIM Nominated Advisers, Brokers and Stakeholders

Furnishing decision makers with relevant background intelligence enables them to make sound investment decisions whilst knowing their compliance and regulatory concerns are protected. Your judgement regarding the appropriateness of a company listed on a stock exchange, alternative market, or private equity investment, has a crucial role to play in maintaining the quality, reputation and the integrity of your company, the market and, or investment.

Accordingly, the quality of due diligence performed on directors, stakeholders, beneficiaries, and the companies themselves, applied by an adviser, broker, private equity team, or qualified executive (advisers) in assessing such information is vital.

Keeping Vigilant | Webinar

Over the last month, the team at TenIntelligence have been analysing the emerging trends of new or increased acts of fraudulent activity arising from this current crisis.  This webinar discussed the most effective ways to digitally protect yourself, how to stay aware and how to respond if you have fallen victim of fraudulent activity.

Working Remotely | Covid-19 fraud trends

Fraudsters see no boundaries and do not discriminate. Over the last month, the team at TenIntelligence have been analysing trends of new or increased acts of fraudulent activity arising from this current crisis. These are our top ten trends for you to share with your employers, teams, friends and family. Keep vigilant | Stay safe.

Working Remotely | the rise in Mandate & CEO Fraud

Fraudsters see no boundaries and do not discriminate. They are highly motivated, usually by financial gain. Inconceivably, they rationalise their decisions whilst the world is in lock-down, but they see an opportunity. Now that we are all working remotely, fraudsters will take advantage and we will no doubt see the rise in Mandate & CEO Fraud attempts:

Working Remotely | Has your password been stolen?

There are over 29,898,788,430 reported stolen passwords that have been taken as a part of a security breach or other types of illegal online activity. See if yours is one of them.

Securing your home WiFi network | Working Remotely

History tells us, where there is an opportunity, there is also vulnerability and exploitation for cyber criminals and fraudsters to take advantage:

FCA’s Fit and Proper checks (SMCR)

The Financial Conduct Authority sets a number of factors when assessing the fitness and propriety of a person to perform a particular controlled function, to include honesty, integrity, reputation, competence and financial soundness:

Corruption in the Private Sector

Corruption is ranked as one of the top barriers for private business development, read on to find out the key tactics used:

Frightening Fraud Facts

Recent figures from various fraud studies highlights the impact that fraud has – the figures are frightening.

Developing a Business Continuity Plan

Business continuity planning is the process of creating an action plan to minimise the impacts of interruptions to your business.

Ransomware First Aid & GDPR

Ransomware is a type of malicious software that locks users out of their IT system until they pay ransom to the attackers, Sanya Panova (Intelligence Analyst at TenIntelligence) writes.

The new Money Laundering Regulations (MLR 2017) are here

Businesses need to be aware of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (“MLR 2017”), which came into force on 26 June 2017.

Changes to the UK Financial Crime Regime

The Criminal Finances Act 2017 (CFA) came into force on 30 September 2017. It introduces further changes to the UK financial crime regime that may necessitate a review of businesses’ existing compliance programmes and financial crime controls. Proper and comprehensive risk assessments will be key.

Social Media and Pre-Employment Screening

Social media searches often highlight potential issues and suitability risks not evident from a candidate’s CV.

Bitcoin and the Regulation of Digital Currency

Despite strong debate over the regulation of digital currency, Bitcoin users and governments agree consumer protection is important. In the UK, the FCA is yet to produce a full regulatory framework for Bitcoin, but profits and losses are taxable.

Fraud is Alive & Kicking

Whilst anti-fraud controls and audit measures can help prevent the occurrence of fraud, the unfortunate truth is that companies are still vulnerable to the threat of internal fraud or perpetrated by employees within the company.

The UK Bribery Act 2010

The UK Government considers that procedures put in place by commercial organisations wishing to prevent bribery being committed on their behalf should be informed by six principles.  These principles are not prescriptive. They are intended to be flexible and outcome focused, allowing for the huge variety of circumstances that commercial organisations find themselves in.

Performing Due Diligence in the UAE

Contrary to general perception, conducting due diligence investigations in the UAE is allowed.  The UAE has no legislation that prohibits companies performing background checks, executive screening or due diligence into individuals or companies as long as you adhere to the UAE’s Federal law and the local laws that govern privacy.  However, there can be serious consequences to those who don’t comply – often involving prosecution.

The London Stock Exchange: AIM Due Diligence Requirements

The Nominated Advisor’s (Nomad) judgment regarding the appropriateness of a company for the UK’s Alternative Investment Market has a crucial role to play in maintaining the quality of the market. Accordingly, the quality of due diligence on directors and the substantive judgements applied by a Nomad in assessing such information is vital.

FCPA: Implementing An Effective Compliance Programme

The analysis covers guidance on implementing an effective compliance programme as defined by the “Resource Guide to the Foreign Corrupt Practices Act” (FCPA) recently released by the US Department of Justice and Securities and Exchange Commission.

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