Our Insights

Mitigating third-party, ESG, and supply chain risks

Agricultural suppliers can be considered high risks for environmental, human rights, and labor issues. They often operate in low-information environments, where facts on the ground are challenging to confirm. This combination of high-risks and high-uncertainty means companies relying on or investing in agricultural...

Asset recovery in international fraud cases can present considerable challenges and risks. After building a case and pursuing recoveries across diverse jurisdictions, victims may still recover only pennies on the dollar. In this episode, Martin Kenney of Martin Kenney & Co. shares his unparalleled insights into creating layered strategies and managing multidisciplinary...

SAMLA, the Sanctions and Anti-Money Laundering Act of 2018, represents the United Kingdom’s establishment of an independent sanctions policy in preparation for Brexit at the end of 2020. The legislation’s sanctions provisions are now in force and the UK Foreign Office has already designated several sanctioned parties. While these initially...

The United States’ Caesar Syria Civilian Protection Act came into force in June, expanding the existing sanctions regime against the Assad regime. The legislation highlights oil and gas and construction sectors as potential targets and opens the door to expanded sanctions on third country nationals engaging with Damascus. PSA CEO...

Who Owns Your Third-Party? Why you should want to know.

Understanding who owns your third party is an increasingly important part of due diligence, and best practices are evolving towards obtaining more ownership information. An accurate understanding of the ownership of a counterparty can help identify risks such as:

Hidden...

As companies work to rebuild global supply chains, PSA examines the case of e.l.f. Cosmetics, Inc. and its fine for sanctions violations. The DOJ found that these violations occurred because of a “largely inadequate” compliance program. The individual unit cost of the items were low,  and only limited elements of...

Whistleblower response is an increasingly important part of every company’s compliance environment, with a growing list of countries around the world requiring whistleblower protocols. Whistleblower allegations demand special attention from a company’s decisionmakers and present a unique set of investigative challenges. Every company should have a robust process to respond...