Former international sales executive, Richard Bistrong, served time in a federal prison camp after being targeted in a US Department of Justice investigation of a UN supply contract. After fully cooperating, he now dedicates his life to raising awareness and educating companies on the risks of corruption.

In this episode of KYC decoded, Richard and Bill Hauserman, Moody’s Analytics KYC head of the Financial Crime Compliance Practice for the Americas, talk about:

How expertise, data, and technology should work together to push due diligence forward.
The impact culture has when it comes to compliance strategies and mitigating risk.
The qualities required of professionals to maintain their integrity and deal with illicit actors.

For more information, check out the resources mentioned in this episode:

Visit Richard's website at Richardbistrong.com, or email him at Richard@richardbistrong.com
Front-Line Anti-Bribery LLC
Richard’s compilation of book reviews
The FCPA blog
ACAMS website
ACFCS website
KYC Decoded episode, ‘Modern slavery and how to fight it’

If you would like to find out how Moody’s Analytics can help automate your third-party risk management, please get in touch. We would love to hear from you.

Third-party risk management: knowing the right thing ≠ doing the right thing