Most companies have experienced (or will experience) significant financial damage in their lifetime due to an unforeseen risk event. Companies that fail to proactively identify and prepare for these risks can easily be caught off guard, often exacerbating the financial impact and lengthening the …
I want to focus on three points which the compliance practitioner can glean from Armstrong’s career and interview and how that information can be used to create a more robust ethics and anti-corruption compliance program…
Government Contractor Indictments Provide Reminder of Importance of Strong Workplace Policies, Training and Enforcement
A series of indictments remind government contractors of the increased scrutiny on the industry and the risk of employee fraud and abuse…
The SEC is taking steps to make it easier to pursue investment firms and their executives. According to a September 30, 2011, Wall Street Journal article by Jean Eaglesham, Ken Lench, head of the SEC’s structured and new products enforcement unit, stated that investment firms and their executives may violate their duty of care to [...]
Legal requirements are of concern to compliance personnel. But “compliance” as a mantra does not end there. Instead, fraud prevention only begins with legal prohibitions. Stated differently, “compliance” is not a destination. Rather, it is a goal that will evolve as business necessities and circumstances change.
Fox Rothschild’s David Restaino covers corporate compliance holistically, from the laws that govern compliance to consequences of inadequate compliance and the benefits of a robust compliance program.
In this archived piece, Tim Lupfer and Mike Fuchs of Deloitte Consulting share their advice on how to effectively managing human capital risk, including best practices for risk management training and ingraining risk management into the corporate culture.
Depending on a company’s ultimate objectives, having the correct balance within the control structure is the key to a successful internal fraud investigation.
Barbara Porco, director of program development for the Fordham University Schools of Business Administration, discusses why the trend toward reducing corporate training programs in the name of cost cutting, particularly in the financial services industry, is unwise.
On March 25, regulations went into effect implementing significant new fraud and abuse enforcement provisions contained in the federal Affordable Care Act. George Breen and Emily Bajcsi offer guidance for compliance departments to stay ahead of state and federal enforcement efforts being implemented, pursuant to the new rules.
Emerging markets are diamonds in the rough. Investors in these markets must adopt a comprehensive global vision in order to adequately address these complex challenges. Moreover, potential investors should not be deterred from entering these untapped markets as a result of these inherent risks.