financial regulatory check

Why the Financial Regulatory Check Matters for Financial Institutions

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The beginning of 2020 added another black record for the Indonesian financial industry with the case of the violations of PT Recapital Sekuritas Indonesia. The company is proven to have violated the laws and regulations of the Capital Market field because the company submitted a misleading Adjusted Net Working Capital Report to the OJK.  As reported by market.bisnis.com, PT Recapital…

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falsification

Academic Falsification by Applicants

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Academic misconduct is a serious concern. According to Berkeley City College, academic misconduct is any type of cheating that occurs in relation to a formal academic exercise. This type of misconduct has been done by many applicants to make it easier for them to be accepted by hiring companies or any important institutions. One of the most common is the…

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hiring risk pandemic

The Risk of Hiring Employees Amid a Pandemic

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The International Labor Organization estimates that 25 million jobs are threatened by a pandemic. This pandemic also caused 4 out of 5 of the world’s workforce – around 2.7 billion workers – to be affected by the economy. While in Indonesia, the Central Bureau of Statistics Republic of Indonesia (BPS) also revealed that the number of unemployed persons has increased…

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internal control

Internal Controls: 3 Limitations That Your Company Should Anticipate

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Internal controls play an important role in preventing fraud in any company. According to ACFE’s 2014 Global Fraud Study, a lack of internal controls is a major contributing factor to nearly one-third of fraud cases. As the saying goes, ‘No rose without a thorn,’ even though your company has tried to set the best internal control possible, there are always limitations that would prevent it…

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How the Reverse Directorship Search Benefits Your Company

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Hiring senior-level employees is a different level of challenge as compared to hiring other employees, as the position plays a strategic role in a company. Bad hiring decisions at the senior level can have a ripple effect not only from a monetary aspect but also on morale and reputation. An example would be Yahoo’s case in 2012 when CEO Thompson was caught to have falsified his academic…

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RECENT ARTICLES

05/08/2020 in Uncategorized

Why the Financial Regulatory Check Matters for Financial Institutions

The beginning of 2020 added another black record for the Indonesian financial industry with the case of the violations of PT Recapital Sekuritas Indonesia. The company is proven to have violated the laws and regulations of the Capital Market field because the company submitted a misleading Adjusted Net Working Capital Report to the OJK.  As reported by market.bisnis.com, PT Recapital…
Read More
04/08/2020 in Uncategorized

Academic Falsification by Applicants

Academic misconduct is a serious concern. According to Berkeley City College, academic misconduct is any type of cheating that occurs in relation to a formal academic exercise. This type of misconduct has been done by many applicants to make it easier for them to be accepted by hiring companies or any important institutions. One of the most common is the…
Read More
04/08/2020 in Uncategorized

How GDPR is Applied to Employment Background Screening Service

What is General Data Protection Regulation (GDPR)? According to resources, GDPR is a rule regarding Data Privacy that is applied to all companies in the world that store or process personal data of the EU / European Union residents. The purpose of the GDPR is to provide better protection toward data privacy in the current digital economy by giving more…
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08/06/2020 in Uncategorized

The Risk of Hiring Employees Amid a Pandemic

The International Labor Organization estimates that 25 million jobs are threatened by a pandemic. This pandemic also caused 4 out of 5 of the world's workforce - around 2.7 billion workers - to be affected by the economy. While in Indonesia, the Central Bureau of Statistics Republic of Indonesia (BPS) also revealed that the number of unemployed persons has increased…
Read More
19/05/2020 in Uncategorized

How ISO 37001: ABMS Keeps Conflict of Interest at bay

What is a conflict of interest? Merriam-Webster defines the terminology of conflicts of interest as a conflict between the private interests and the official responsibilities of a person in a position of trust. For example, the latest case is where one of the Indonesian government's presidential expert staffs who also served as a CEO of a startup company was involved…
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