All Articles

Informed organizations in all industries are establishing carbon emissions reduction and net-zero targets. Protiviti’s Jim DeLoach explores how strategic conversations in the C-suite and boardroom have an important role to play. Everyone knows that reducing energy consumption is a priority. The introduction of renewables continues as costs decline. The percentage of electricity consumed through non-fossil...

After years of companies working to build a strong speak-up culture, a new Gartner report shows that many employees still need motivation that may surprise their employers when it comes to saying something when they see something: They need to know if reporting misconduct will benefit them. Just over half of the 900-plus workers Gartner...

At any given time on earth, an estimated 25 million people are forced to work against their will. The human rights atrocities alleged in China’s Xinjiang Uyghur Autonomous Region have rightly generated outrage and political action. New laws coming into effect in the U.S. this year and Europe next year aim to strip the global...

Smart firms are investing in ESG programs not just to showcase their cultural bona fides but to appeal to consumers and employees. But these programs can also heighten regulatory and reputational risk. Let’s explore some lessons ESG leaders could take from anti-bribery and anti-corruption probes. FTI Consulting’s Beth Jones, Brian Ong, Edith Wong and Michael...

Challenges facing UK public services are many — years of austerity budget cuts, the continued pandemic, cybercrime, climate change and more. Ensuring good governance in the public sector means, in part, supporting and understanding the role of internal audit. CIPFA’s Diana Melville explains why internal audit should be top of mind for all public organizations...

The average cost of a business data breach today is just over $15 million, according to a new analysis from Black Kite, a third-party risk intelligence platform. Black Kite’s report, “The Cost of a Data Breach: A New Perspective,” examined the financial impact of 2,400 cyber incidents between 2017 and 2022 and found that of...

Public companies could face a series of indirect ramifications related to updated focus areas for the nonprofit board that oversees audits of these companies. Attorney Ron Kral explores the three areas of most interest for organizations. The Public Company Accounting Oversight Board (PCAOB) in June released its planned focus areas for 2022 inspections of public...

Long before anybody had heard of Covid-19, a workplace crisis was brewing: People were becoming overworked and overstressed. The pandemic has worsened the situation, but that doesn’t mean employers can’t make things better. Ethics and compliance consultant Lisa Schor Babin explores the prevalence of anxiety in the workforce and what concrete steps firms can take...

In her inaugural Living Your Best Compliance Life column, Mary Shirley shares tried-and-true methods for building deep connections on your compliance team — even if you’re not even in the same country. Welcome to the inaugural Living Your Best Compliance Life column. In my new monthly series for CCI, I’ll be exploring the landscape of...

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) governs the timing of mergers, acquisitions and other transactions — and failure to comply can carry significant penalties. But firms and advisers should be aware of a raft of recent changes, which Nelson Mullins partner Carrie Hanger and her co-authors explore. The HSR Act governs the...

Though it was created as a counterbalance to a series of early-aughts corporate accounting scandals, many of today’s most important corporate compliance themes are deeply rooted in the seminal Sarbanes-Oxley Act (SOX). Indeed, as McDermott Will & Emery partner Michael W. Peregrine explores, the law, which turned 20 years old in July, gave birth to...

Attorney and podcaster Tom Fox shares his insights about what skills today’s chief compliance officer needs — and what might be on the horizon for CCOs. What skills will be needed for the mid-century chief compliance officer? Yes, we are still a few more years to 2030 and what could be considered mid-century. But we...

Embattled Prime Minister Boris Johnson resigned after a revolt in his own party. While the political repercussions of Johnson’s tenure, especially how it ended, will be felt mostly within the UK, Miller & Chevalier’s Alejandra Montenegro Almonte and Nicole Gökçebay share what compliance and ethics lessons can be gleaned from the ordeal. UK Prime Minister...

U.S. law may require your company to collect employee and contractor data in a manner that on its face would run afoul of GDPR requirements in Europe. VIAVI Solutions’ Matt Silverman explains how firms can successfully perform this high-wire act. U.S. export laws regulate more than just the shipment of tangible goods from one country...

Racial and gender diversity in the asset management industry lags notoriously behind broader workforce statistics, especially when it comes to individuals in investment positions. Illumen Capital’s Katie Twomey breaks down the issue and offers concrete recommendations for financial services organizations. We know that diverse-owned firms represent just 1.3% of the $69.1 trillion in assets under...

Rather than an exhaustive dossier of rules and regulations providing next steps for crypto firms, President Joe Biden’s March 9 crypto executive order was more akin to “a plan to make a plan.” Timelines for feedback have been established, along with the administration’s intention to protect consumers. MirrorWeb's Harriet Christie explores what it all means...

Most of us have an inner voice running through our heads constantly, spewing upwards of 4,000 words per minute. Because they’re with us all the time, these inescapable voices can systematically undermine our mental health, even causing us to make foolish career decisions. Have you ever heard yourself talk in your head? If you have,...

You don’t know me, and I don’t know you — not really. But I do know you read this site and that’s because I work here. I know that you are responsible for some aspect of corporate compliance or risk management or one of the dozen other areas we cover. If you’d asked me two...

Smart organizations know the future is digital, and it’s not a question of “should we?” but “how much” when it comes to investing in digital transformation. But as Protiviti’s Jim DeLoach warns, many firms are still falling short of harnessing the full power of data. In the third decade of the 21st century, smart companies...

Turning the tide against gun violence requires new thinking. Risk management professional Judy Analco shares a possible solution, taking a page from corporate America. In a small Chicago suburb, America’s 246th birthday party was juxtaposed with a mass shooting. Like most, I was gutted at the prospect of witnessing the inconceivable pain of yet another...

Data breaches will continue to occur, and when organizations are targeted, they may be subject to multiple state and federal laws requiring public disclosure. But as explains, how and when to reveal a breach isn’t a cut-and-dried issue. When a company discovers that it has been a victim of a data breach, it is essential...

Russia cranked up its gold production to offset previous international sanctions; now, the U.S. and a group of international allies are cutting off that particular revenue stream in an effort to hamstring Russia’s continued invasion of Ukraine. The U.S. Treasury Department has issued additional sanctions against Russia, targeting almost 100 entities and individuals, and prohibited...

In our hot housing market, the only concern for the typical real estate professional is getting the highest dollar they can for a property. But possible new rules targeting illegal cash could remake the regulatory landscape in real estate, changing things for buyers, sellers and agents. In a recent Instagram post, Ryan Serhant, celebrity real...

The SEC’s prosecution of chief compliance officers remains a fraught and controversial topic. A recent announcement of an enforced settlement with a financial advising firm and its CCO could raise even more questions about the role of CCOs and what standards the SEC uses in sanctioning them. Two Eversheds Sutherland partners give us a close...

The struggles financial institutions face when it comes to compliance are nothing new. And while technology is often billed as a clarifying force, that magic bullet remains elusive. Napier’s Aidan Houlihan discusses how the Russian invasion of Ukraine casts a spotlight on the stopgap solutions firms have relied on for far too long. For many...

So long as cryptocurrency remains largely unregulated in the U.S. and most of the rest of the world (and even once regulations proliferate), the industry must remain aggressive in planning for attacks. FTI Consulting’s Todd Renner, Adriana Prado and Preston Fischer co-authored this article. Notorious bank robber Willie Sutton famously said “because that’s where the...

Who has access to what — and when, where and why? Managing the answer to these critical questions is a key component of modern identity governance. Omada's Rod Simmons outline a streamlined solution that relies on automation. New compliance regulations continue to proliferate, from California's CCPA to HIPAA in the U.S. health care sector to...

An attitude of “productivity at all costs” gave employees a heightened level of control over their app choices in the early weeks and months of Covid-19. Now they don’t want to give that up. Matt Chiodi, technical adviser and chief trust officer for Cerby, explores survey results in light of the security challenges this presents....

 “Alexa, how many execs and board members of U.S. companies have unsecured home networks and open ports on public IP addresses?” The answer is: way too many. Experts warn that the modern attack surface has expanded, and board members’ homes are now the soft underbelly of enterprise security. Ignorance or negligence relating to securing today’s...

Companies increasingly have the advanced tools to combat financial crime, but as industry specialist Sujata Dasgupta explains, the fragmented nature of financial compliance programs often means the biggest benefits remain unrealized. Financial crime is steadily rising around the globe, not just in volume but in complexity, scale and sophistication, so it’s no surprise that the...