23 March 2023  

ESG – In a Nutshell

What is ESG – In a Nutshell

ESG considerations have lately become mainstream with many companies striving relentlessly to meet ESG targets.

In this video I introduce the most common corporate ESG considerations.

I am also extremely proud to share that MAN Enterprise is the 1st organization in Lebanon to receive a certificate of commitment to execute the action plan for EGS.

MAN Enterprise, pioneers in innovation.

#esg #governance #inanutshellbymj #marijosamneh #corporategovernance
14 March 2023  

Companies owned or controlled by a “Sanctions Target” – by Marijo Samneh

When opening an account for an entity, it is important to know who is hiding behind it, in order to avoid working with sanctioned persons.
Therefore screening the names of the Ultimate Beneficial Owners is a must, prior to opening an account. If the company is owned or controlled by a sanctioned person, the account can clearly not be opened.
Which companies are considered owned or controlled by a “Sanctions Target”?
As per the EU laws, if a sanctioned person possess more than 50% of a company, the latter is considered owned by a “Sanctions Target”.
As per the US laws, if a sanctioned person possess 50% or more of a company, the latter is considered owned by a “Sanctions Target”.

#sanctions #sanctionscompliance #compliance #inanutshellbymj #marijosamneh
03 March 2023  

Traps of decision making – In a Nutshell

Traps of decision making – In a Nutshell.

In this video I speak about biases in our judgment and how they impact our decision making.

A good exercise would be to use other examples related to work from your own experience to know if you were subject to these biases.

Being aware of these biases is a must, because it is the first step to fighting them.

#leadership #leadershiphiring #leadershipdevelopment #inanutshellbymj #marijosamneh
 
19 January 2023  

Nesting – In a Nutshell

Nesting – In a Nutshell

Nesting is the bank’s misuse of its relationship with correspondent banks, by carrying out transactions for other banks’ customers, when the other bank could be located in a country that is subject to sanctions and embargoes, or rated as a high risk country. Therefore, main correspondent banks around the world avoid dealing with such banks.

#aml #amlcompliance #compliance #marijosamneh #inanutsehllbymj

27 December 2022  

Promotion

 
Now that we are heading to the end  of year, employees are worried about their salary increase, bonus and promotion.

Promotions are directly tied to the company’s culture… Watch out who you promote!!!

#hr #humanresource #culture #leadership