I am pleased to announce my appointment to the Audit Committee of the Chartered Institute of Arbitrators (“CIArb”), the world’s leading qualifications and professional body for dispute avoidance and dispute management.
This appointment builds on my long involvement in dispute
resolution as an expert witness, as well as recognising my expertise in corporate
governance, auditing and financial reporting.
Further details of my experience may be found by clicking here.
In December Charles was Awarded Fraud Accountancy Expert Witness of the Year 2019 by KMH Media, publishers of M&A Today. This annual Award aims to provides their readership with an understanding of those individuals that are truly leaders within their chosen areas of specialisation.
Each individual recognised must receive no less than 21% in votes from the global readership, currently in excess of 293,000 in 163 countries.
After the voting process, which follows a very strict format of self-submission and third-party nomination, firms are shortlisted and selected as winners as follows:
Once all votes have been received, an independent panel of judges review the votes within each category.
The judges will assess the following in their considerations:
The strategic nature of work conducted.
The complexity of work conducted.
The scale of work conducted.
Whether the work conducted was done so in a speedy manner and within budget.
Any ground-breaking or innovative processes used during completion of conducted work.
The judges were asked to focus strongly on the complexity and strategic significance of work conducted.
The above criteria underlines the importance of the recognition each individual receives as a result of being recognised as a Global 100 winner.
In summary, the publishers believe their Global 100 programme provides a benchmark for the very best of the best industry leaders, exemplary teams and distinguished organisations.
The full list of Award winners may be viewed here.
A conference on the recovery of the proceeds of crime was held in Belgrade, sponsored by the UK Government. The conference provided training for senior judges and prosecutors from seven countries in South Eastern Europe with the aim of encouraging international co-operation in recovering assets following every successful prosecution.
This training provided an overview of the law and practice in international cooperation in asset recovery. The participants were also provided with an excellent Handbook setting out the available tools, channels for cooperation and best practice. The Keynote speaker was HH Judge Michael Hopmeier, Southwark Crown Court, London.
The conference was arranged in response to the low level of international cooperation in the field of asset recovery in South Eastern Europe and forms part of a wide programme of capacity building being sponsored by the UK Government in the fight against corruption and organised crime in the region.
The event attracted over 30 participants including a former judge from the European Court of Human Rights, and judges from Albania, Bosnia and Herzegovina, Bulgaria, Moldova, Montenegro, North Macedonia and Serbia.
The UK Government is keen to share the UK’s experience of fighting corruption and recovery of the proceeds of crime. One important aim is to speed up the seizure of assets at an early stage.
Vero Consulting’s skills in this area
Charles Lazarevic represented Vero Consulting at the conference, building on the firm’s forensic accounting investigations work in the region. The firm has used its extensive forensic accounting and language skills to prepare and present expert witness evidence in proceeds of crime trials for the prosecution or defendants on many occasions.
While most assignments are conducted in English, Vero’s team includes individuals with a working knowledge of German, French, Italian, Spanish, Russian, Romanian, Serbian and Croatian.
Further details of Vero team’s expertise is available here. If you would like consult Vero for a business financial review or a forensic investigation anywhere in the world, please contact the firm at: email@example.com.
Last week I was privileged to be invited to join Professor Karen G. Mills for a dinner with several professors from Imperial College Business School, London and a number of London-based entrepreneurs working on applying big data to support better lending and investment decisions to SMEs using new types of AI and algorithms. The discussion shows the astonishing range of non-financial data that can be captured about a business.
With over 50% of jobs in the UK and US and many other industrialised countries in SMEs, these innovative new data streams, particularly non-financial measures, have the power to illuminate the opaque nature of small business finances, providing more transparency and thus confidence to lenders.
Professor Mills believes the difficulties small business has had in obtaining credit can be addressed by attracting new financiers using AI to improve lending decisions and at lower cost. This should invigorate SMEs as an important source of innovation and employment in our economies.
This rich source of data will also provide investigators with a much wider pool of data for due diligence, verification and court purposes, areas where my firm is particularly active.
Professor Mills served as a member of President Barack Obama’s Cabinet and as the Administrator of the U.S. Small Business Administration from 2009 to 2013. She is now a Senior Fellow at Harvard Business School and a member of the Entrepreneurship Faculty.
She included this inscription in a copy of her latest book on this topic: Fintech, Small Business & the American Dream.