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A survey found that more than 80% of Brazilian companies do not consider compliance-related issues in strategic and commercial decisions, Segs.com reported. More than 40% of firms did not involve their compliance departments in large-scale mergers and acquisitions while nearly 60% of companies admitted to investing in companies with known compliance-related problems, the survey found.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms