Tech firms have a long history of bringing their products and services to local markets worldwide. KPMG’s Henry Keizer analyzes five compliance challenges that they often find can present the biggest challenge when pursuing international opportunities.
How do you manage risk conservatively and transparently? Read on to learn the steps recommended by Andrea Belz that smart management teams and boards are implementing today.
Gary Sturisky discusses three areas of compliance focus that demand attention in 2010: 1) The American Recovery and Reinvestment Act of 2009 (ARRA); 2) the Payment Card Industry (PCI) Data Security Standard (DSS); and 3) the FCPA.
The folks at Innospec Inc. may be wishing it sold things like fighter jets in places like Saudi Arabia than what it actually sells – things like Tetraethyl Lead in places like Indonesia. When bribery and corruption take place in the former instance, there is no exposure for bribery and corruption (see here), but when it takes place in the latter instance, there is exposure for bribery and corruption.
Brian Klemm, Senior Counsel and Corporate Compliance Officer at SAS, discusses how many compliance professionals are increasingly focusing their attention on how they can prevent problems from occurring in their organizations, and how technology can play an important role in such prevention.
FCPA Compliance Attorney Thomas Fox discusses how the Travel Act, which Robert Kennedy urged Congress to enact, is impacting the Foreign Corrupt Practices Act today.
Written by Scott Gracyalny of Protiviti, this article defines GRC, provides insights into developing a value proposition specific to your business context, and articulates measured steps toward evolving integrated GRC practices.
In yet another decision aimed at encouraging companies to focus on prevention and full disclosure in the face of investigations, the U.S. Sentencing Commission recently put forth a proposal that “would reduce fines and penalties even if company officers were involved in the criminal activity…if they meet standards for tackling white-collar crime at their companies.”
According to Cheryl Klein, founder of GRC Consulting Services, fines and new regulations won’t be the biggest challenges in 2010. Rather, regardless of what industry you are in, expect to encounter these five challenges in forthcoming years.
In the event you don’t already have a robust and meaningful set of compliance and ethics KPIs at your company, Jim Nortz offers a couple of things you might consider doing to remedy the situation:
