Our crystal ball of ethics and compliance predictions has never been cloudier than at the end of 2011. Political priorities and public perceptions of institutions are traditionally predictive of the ethics and compliance environment. This year, however, inclement weather has been coming from all corners of the globe. In the absence of clear signals, the [...]
As we have witnessed the tentacles of the Galleon trial ravage every corner of the financial industry, firms are beginning to address their necessary levels of corporate compliance. Companies need to understand that complacency is no longer accepted lest they desire negative financial, reputational and legal exposure. To adhere to the varying levels of compliance, firms need to embrace education, enforce compliance policies within their companies, and set up and utilize prevention methods.