Filter insights by:
Filters applied:
Showing 5 of 5 content results
Kai Paalberg Grant Thornton Baltic
Prevention of money laundering Survey: the risk of money laundering is recognized, but no action is taken
Grant Thornton Baltic conducted a survey among companies to find out how many of them are consciously and purposefully engaged in anti-money laundering. Look into the results and test your company!
Kai Paalberg
Kai Paalberg
| 6 min read | 07 Apr 2021
Kai Paalberg Grant Thornton Baltic
Money laundering Anyone involved in business may be involved in money laundering
Every entrepreneur, as well as an individual, can be involved in money laundering, even without knowing or realizing it themselves, according to Äripäev's radio program "Kasvukursil". Read about hot topics in money laundering.
12 Oct 2020
Prosecuting offenders will be easier and the penalties will be bigger in the future
Administrative fine Prosecuting offenders will be easier and the penalties will be bigger in the future
A new concept in Estonian legal system, administrative fine, was sent to coordination round to the relevant ministries by the Ministry of Justice. The new fine would enable a more effective response to violations of financial services, competition and data protection regulation in the future. Grant Thornton Baltic data protection officer Maili Torma and legal adviser Lee Laanemäe write about the potential changes awaiting us in the near future.
19 Jun 2020
The activities of companies in preventing money laundering are being scrutinized
Business risk services The activities of companies in preventing money laundering are being scrutinized
In Estonia the state is placing increasing emphasis on money laundering prevention. Therefore, companies with a duty to prevent money laundering must be prepared for more thorough and more frequent inspections to determine whether they comply with all the rules laid down by law. Read more from the article written by Grant Thornton Baltic's Senior Internal Auditor Kai Paalberg.
Kai Paalberg
Kai Paalberg
| 16 Jun 2020
Riin Stamm Grant Thornton Baltic
Business risk services Our experience: the main shortcomings in preventing money laundering
The experience of Grant Thornton Baltic's risk management advisors in conducting money laundering and terrorism financing prevention audits, especially in institutions supervised by the Financial Supervision Authority, shows that the problems are largely similar. Grant Thornton Baltic Business Risk Services adviser Riin Veidenberg opens the subject in her article.
27 May 2020