Hollywood celebrities aren’t the only ones under constant watch, scrutiny and reporting. If you are part of executive management or are a business leader, you are too, though it may be far less conspicuous.
Tone at the top says it all. Without the support of the CEO, a Chief Compliance Officer is limited in what he or she can accomplish. If there is no commitment from the CEO, a CCO can propose and possibly build great …
Section §8B2.1(c) of the United States Sentencing Guidelines prescribes that, for an effective compliance and ethics program (“Program”), an organization should periodically assess the risk of criminal conduct …
Listen to LRN colleagues as they confront the latest ethics and compliance issues plaguing businesses around the globe.
With decades of experience helping companies navigate regulatory environments, running ethics and compliance programs, and inspiring employee engagement, these experts, moderated by Michael Bramnick, will provice you with innovative insights, anecdotes, and sound solutions to move your organization towards a values-based culture.
One mark of an impactful Ethics and Compliance program is by helping employees practice how they can handle tough situations.
Companies respond differently to compliance challenges, particularly in the way in which they encourage and embrace whistle-blowers.
Since we’re still feeling the wrath of the economy, a lot of organizations continue to feel strapped for cash. In many organizations, this means that ethics and compliance departments are usually last to see any money, as they are often viewed as a cost centre. As legislation becomes stricter and penalties increase, it turns out that ethics and compliance departments can actually save companies a lot of money.
Organizations seeking to minimize risks should also expect – and train – managers to have a heightened degree of ethical awareness, so that (among other reasons) they can be “sentinels” in spotting C&E risks.
As the SEC works toward solidifying the whistleblower provisions in April 2011, what can organizations do to protect against whistleblowers going to the SEC before reporting to ethics & compliance?