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The SEC’s Latest on Disclosures

Posted by - April 17, 2018
New Guidance Mandates Greater Attention to Cybersecurity Planning The SEC’s recently issued guidance is just the latest indication that government regulators want companies to improve both their overall cybersecurity and incident response and notification procedures. Businesses must adopt and maintain the types of systems and procedures described in the guidance…
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Navigating Harassment Claims

Posted by - April 11, 2018
How to Get to Win-Win Traditionally, HR compliance has involved ensuring that companies are operating in accordance with the alphabet soup of laws governing the employment relationship, including FLSA, OSHA, ERISA and the NLRA, among others. The most urgent issue, however, may be one where the role of HR is less clearly defined – HR’s role…
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6 Steps to Minimize Conduct Risk

Posted by - March 22, 2018
A Framework for Assessing Regulatory Maturity In the current regulatory environment, banks find it complex and challenging to interpret and assess regulatory requirements on conduct risk.  In this this article, experts from Tata Consultancy Services suggest a robust approach for assessing the level of maturity attained by a bank in…
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10 Ways Social Media Impacts Your Risk Profile

Posted by - March 6, 2018
10 Issues Social Media Presents Social media has become a powerful tool for businesses to use in connecting with their customers. The medium has certainly made major corporations more accessible to the consumer. But with this ease of accessibility comes risk in many forms. Jim DeLoach explains 10 potential risks…
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5 Ways to Elevate the Board’s Oversight of Compliance

Posted by - September 29, 2017
Expanding the View to Include Culture Does your organization view compliance as a “check the box” exercise? Many companies do. Chuck Saia, CEO of Deloitte Risk and Financial Advisory, feels differently and shares five ways a board can start broadening its view – and management’s view – of compliance to…
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The Top 5 Mistakes Boards Make in Overseeing Compliance

Posted by - September 15, 2017
How to Avoid Costly Missteps Russell Reynolds Associates’ Cynthia Dow and Anthony Goodman, compliance and board experts, interviewed leading chief legal officers, chief compliance officers, former investigators and board directions to under the biggest compliance missteps boards make. with co-author Anthony Goodman We can all easily recount a recent compliance…
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The Battle for Call Recording Compliance

Posted by - September 14, 2017
A “Call” to Arms for Banks In the wake of growing and complex financial legislation, many banks and financial service companies in the U.S., Europe, and Asia have been looking to ensure the activities of their traders and contact centers are compliant with these regulatory requirements. However, call recording compliance…
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Protecting Your Corporate Culture

Posted by - September 8, 2017
The Objective of Due Diligence There is immense benefit to thoroughly vetting third parties, and it goes far beyond avoiding enforcement actions from the likes of the SEC, DOJ and other regulatory agencies. When you do business with risky suppliers and vendors domestically or abroad, you put your organization’s reputation…
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Keeping Pace in an Age of Sanctions

Posted by - August 31, 2017
The Importance of Innovation As the global geopolitical landscape grows ever more complex, keeping track of the vastly complicated web of international economic sanctions has become a formidable challenge. In order to steer clear of penalties and avoid reputational damage, compliance departments are going to have to embrace innovation. Keeping…
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10 Keys for Executives to Manage Reputation Risk

Posted by - August 3, 2017
When a good reputation is difficult to build and easy as pie to destroy, it’s a business imperative to manage the company’s reputation carefully. Jim DeLoach outlines five critical areas leadership must pay close attention to, and 10 factors total that can be critical in managing reputation risk. With today’s…
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Improving the Effectiveness of AML Programs

Posted by - June 30, 2017
Using Artificial Intelligence to Minimize Risk Money laundering continues to be a serious concern for financial institutions across the globe, as legacy technologies allow an unacceptable number of illicit transactions to go unidentified. However, many forward-thinking financial institutions have begun working smarter by using artificial intelligence (AI), dramatically improving the…
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How to Conquer the Compliance Audit

Posted by - April 7, 2017
Ahead of a compliance audit, the goal should be to identify and resolve compliance risks before they become significant problems. Preventive measures save resources by eliminating the cost of noncompliance and damage to reputation, helping to create new business and maintain a competitive advantage.