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The danger of buying insurance without risk management advice

08 October 2018

Risk management is perceived by most people as simply buying insurance. As a result, many companies take out insurance assuming they will be protected from the risks that they face, which is a rapidly eroding model that doesn’t take stock of risks that are in fact only partially or completely uninsurable.

Covering Employees For Injury Key To Ensuring Better Workplace Safety

02 October 2018

Parliament has recently called for employers to ensure that they comply with health and safety regulations, and a number of recent high-profile incidents have prompted the Department of Labour to call for more serious fines to deal with companies that do not comply with health and safety regulations1 - 3.

How is your business managing social engineering fraud?

01 October 2018

Fraudsters are often relentless in their efforts to look for new methods to catch out the unwary. One of the latest is social engineering fraud, a fast-growing type of crime that can lead to devastating financial consequences for a business that is unprepared.

Businesses and private operators to prepare for stricter drone regulations

01 October 2018

Drone legislation will become significantly more stringent over the next decade, and hobbyists as well as businesses that depend on drones for their operations, may need to start planning now for how to manage their resultant increased risks.

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Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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