Compliance

If you end up sitting across from the Department of Justice, defending the decisions you made about training, what are they going to ask you? What will they be looking for?

Environmental, social and governance reporting has come into its own as a discipline, with most companies now issuing sustainability reports. What’s the board’s and executive team’s role in ensuring that these reports are responsive to investor needs? An estimated 95 percent of the S&P 500 published detailed environmental, social and governance (ESG) sustainability reports in 2019. Most of these reports...

In a recent assessment, CFTC and FinCEN found the virtual currency exchange BitMEX lacked a number of licenses and had inadequate KYC, AML and CIP practices, among other infractions. The exchange incurred a $100 million penalty as a result. with contributing authors Jessica Hillier and Amanda Bonello On August 10, 2021, the Commodities Futures Trading Commission (CFTC) and Financial Crimes...

Even before the Pfizer COVID-19 vaccine received full FDA approval, legal challenges to employer or government vaccine mandates were unlikely to be successful. One judge has already ruled in favor of defendants, while others are pending. Governments and private employers continue to grapple with the best way to achieve a safe workplace for their employees in light of COVID-19 and...

When it comes to COVID-19 and HIPAA, many misunderstand the law’s scope and purview, especially in a professional setting. Privacy attorney K Royal dispels common misconceptions within.

Announced in April, the Australian financial regulator's CP 340 goes into effect in October. ASIC's breach reporting update is going to make life more difficult and potentially more confusing for compliance officers at financial institutions across the country. The Australian Securities and Investments Commission (ASIC) released its new breach-related obligations on April 2021 with CP (consultation paper) 340. The new...

Enforcement shifts are rumbling in Washington regarding a section of the Affordable Care Act. New actions could find your business exposed. Kyle Scott discusses four developments organizations should know regarding the ACA’s ESRP provision.

Recent history has revealed that traditional policies and systems aren’t enough to protect our organizations from significant disruption. Linedata’s Anup Kumar shares how companies can enhance enterprise capabilities across compliance, risk management, transparency and ethical decision-making by embracing the digital-first world.

Is the compliance profession stressful? We suspect the answer to the question is ‘yes.’ But we don’t know for sure or to what extent. That's why we're launching a survey.

When managing global operations, companies must prepare two different accounting books for each country: one for internal reporting and one for local compliance purposes. weConnect’s Matthew Kyle explains how companies can avoid huge headaches and audit issues by marrying management and statutory accounting. Sponsored The Difference Between Management Accounting and Statutory Accounting As you may know, “statutory accounting” is the...

There's no doubt that AI in hiring has the potential make HR processes more efficient. But implementing this technology also carries with it significant risks that can nullify any workflow gains and carry outsized downstream consequences. Artificial intelligence (AI) technologies hold so much promise for the workplace. Technologies exist that can (at least in theory) improve productivity, reduce or eliminate...

Some make it seem like automating compliance functions is a question of do or die. But if anyone hopes to have a seat at the table, they need to understand the risks involved – along with the evolving set of AI regulations in finance they will need to follow. AI is transforming financial services, and it now represents a key...