October 23, 2014
Q&A with Richard Bistrong, the FCPA Blogger Who Knows

  • Richard Bistrong

  • CCI's CEO, Maurice Gilbert, dives in with Richard Bistrong, a regular contributor at CCI and a former VP of International Sales who experienced firsthand a brush with the Law as a result of some missteps on the front line. Richard shares here a bit about his story - from the deeds themselves to getting caught, cooperating with law enforcement, and continuing to confront corruption from day to day....

    October 22, 2014

  • Thomas Fox

  • Acts of criminal misconduct are - almost without fail - carried out either by an individual or a group of individuals, so it stan...

    guy fawkes
    October 20, 2014
    From the Arab Spring to Occupy, Corruption 2.0 Rallies the Masses

  • Alison Taylor

  • Political and corporate corruption has long galvanized the general public, but over the past several years, some of the ire that was once focused on organized institutions has begun to be directed at individuals. This is what Alison Taylor refers to as Corruption 2.0, and this trend toward anti-corruption measures at the individual level is worth watching....

    October 22, 2014
    Auditing at the Speed of Risk!

  • Richard Chambers

  • Just as risks are ever changing, so should our plans for managing them be. Internal audit must do away with tired approaches to risk management and adopt more dynamic practices in order to keep up with industry changes. Otherwise, the audit department may find themselves continually playing catch up when it comes to handling the various challenges that crop up....

    October 21, 2014
    LRN307 – Dealing with Diversity at Global Organizations

  • Michael Bramnick

  • Diversity is commonplace at global organizations. With many cultures and ethnicities represented within a corporation, however, ethics and compliance becomes more challenging. Treating employees with respect is critical, but behaviors are received differently across different cultures. Even keeping those differences in mind, companies must establish a universal set of values....

    tehran skyline
    October 20, 2014
    Trade Compliance: Implementing Export Control Reforms

  • Marian Ladner

  • There have been three significant game changers lately that have served to complicate compliance with export control reform. LRN's Marian Ladner and Thomas Scott weigh in on the recent changes compliance practitioners need to be aware of in order to minimize risk and ensure compliance for their organizations now and going forward....

    October 17, 2014
    Don’t Wait to Comply with New Revenue Recognition Standard

  • Warren W. Stippich

  • Though it won't take effect until early in 2017, the time is now for audit committees to start adopting the new accounting regulations. Let's not think that audit committees need to go at implementation alone, however. Warren Stippich advises a cross-functional approach involving players throughout the organization. Here's what you need to know......

    October 16, 2014
    Enterprises Unprepared for New COSO Framework, Study Shows

  • Timothy O'Hara

  • The deadline for implementation of the 2013 COSO Framework is just around the corner. Tim O'Hara offers us a look into what's remained the same from the 1992 framework and what's changed. Auditors will be taking a closer look at operations where the 2013 iteration parts ways from the 1992 version. Where does your organization stand? Is your company ready?...

    October 15, 2014
    Ukraine’s Lustration Law Attempts to Cleanse the Government of up to 1 Million Officials

  • Michael A. Tooshi

  • The past several months in Ukraine have been tumultuous to say the least. Recent developments in the region include the public’s demand for the purge of any government officials involved in corruption, together with the passing of various anti-corruption reforms. But will these measures be enough? And will they even be implemented fairly?...

    October 13, 2014
    Is More Corporate Governance the Answer? (Part 2 of 5)

  • Glen Jenkins

  • Glen Jenkins continues his deep dive into corporate governance through the years with today's analysis of some landmark events during the 1970s, brought on by a bank bailout, a corporation's bankruptcy and the Watergate scandal, the impacts of which reached much farther than the White House. Moral failures in each helped to set the stage for today's governance practices....

    in the red
    October 13, 2014
    Compliance Challenges: When the Almighty Dollar Rules

  • Michael Volkov

  • Compliance is critical, of course, but at the end of the day, it's of little consequence if the company's operating in the red. And while profitability shouldn't be the sole factor in the CCO's decision-making process, it must figure in there somewhere. The trick is to strike a balance between profits and compliance and to know when compliance must take priority....


    rock show
    October 17, 2014
    Ringo, Sir Paul and an Effective Compliance Program

  • Thomas Fox

  • There's more than one way to skin a cat - whether we're talking about putting on an incredible rock show or running an effective compliance program. Keep in mind, though, that however your compliance program is fleshed out, if and when an investigation begins, the DOJ will look not only at its components, but also how it's been implemented....

    clear clutter sign
    October 15, 2014

  • Robert Dvorak

  • If you want to drive the IT organization forward, start with taking inventory. What activities and assets add value, and which are va...

    paper tiger
    October 14, 2014
    Is the Paper Tiger Sharpening its Teeth?

  • Wendy Wysong

  • In terms of FCPA enforcement, the UK's Serious Fraud Office doesn't hold a candle to the U.S. Department of Justice. Not yet, anyway. Over the past few months, it has become clear that the tide is turning; the SFO has several high-profile cases in the works and is seeking to extend its reach with an expanded arsenal to pursue corporate offenses....




    White Papers
    October 10, 2014
    TPP Partners at an Impasse as APEC Summit Approaches

  • Klint Alexander

  • The Trans-Pacific Partnership has yet to get off the ground, and the most recent talks in July failed to progress the partnership in any significant way. Japan stands to gain the greatest benefit from the TPP, so they're holding fast on their terms, while the U.S. remains focused on protecting the interests of SMEs stateside. Will the partners reach an agreement by November?...

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    fingers crossed
    October 10, 2014

  • Richard Bistrong

  • Ideally, executives will drive home the importance of a culture of ethics both with their words and their actions. However, it's often difficult to do business ethically while maintaining strong financial performance and a competitive edge. When the prospect of satisfying both goals seems impossible, something's got to give. Unfortunately, this is where the justification begins....

    October 9, 2014

  • Jim Nortz

  • We all have blind spots, literally and figuratively. This in itself isn't a problem, but failure to acknowledge these blind spots and intentionally check them when making key moves most definitely is. It may be the reason otherwise brilliant business people and leading corporations find themselves on the wrong side of the law, answering for major ethical lapses....

    October 8, 2014

  • Thomas Larned

  • The FCPA is one of many tools the DOJ and the SEC put to use in facilitating national security in the U.S. And while they are some of the largest players in protecting the nation's interests, compliance professionals working for global corporations also play a critical role in identifying vulnerabilities and doing serious due diligence to minimize risks....

    October 8, 2014
    FCPA Enforcement: Where Have All the Enforcement Actions Gone?

  • Michael Volkov

  • With major FCPA investigations in the works, some of us are on pins and needles waiting for the enforcement actions to come down. But don't hold your breath... these investigations and their subsequent decisions take time. Years even. The fact that we've yet to see results of these investigations may be due to little else than a natural ebb and flow in casework....

    bad news
    October 7, 2014
    Consequences of Falling Behind Cyber Risk Management Standards: Federal Warning Beacons

  • Jason Straight

  • As cyber risks grow, standards for cyber risk management are ever increasing. Companies can't afford not to take cybersecurity very seriously. Lapses can result in breaches, leading to massive fines and equally considerable reputational harm. Plus, they may be answering to the FTC, SEC, and CFTC. Get ahead of cybercrime and establish a strong risk management program....

    social media
    October 6, 2014
    Social Media: The Challenge of Managing Millions of Friends

  • Michael Connor

  • For companies, the risks associated with social media use are increasing every day. They certainly include data privacy - once an opinion or piece of information is shared online, it can spread instantly beyond the corporation's reach and control - but also extend to compliance with industry-specific and federal guidelines for communications....

    October 6, 2014
    Discipline and Rigor in Your Internal Controls

  • Thomas Fox

  • Those seeking to abuse the system will find a way to do it, so it's imperative that companies implement strong internal controls and then continually strive to strengthen them further. Make no mistake, detecting and preventing FCPA violations takes discipline, but initiatives and activities undertaken with discipline generally pay off, don't they? ...