Compliance

Gartner senior research director Chris Audet discusses compliance training’s shortcomings here, suggesting a well-designed framework of embedded controls can better mitigate risk by reducing employee burden.

Those monitoring criminal antitrust activity now have more clarity on the Biden Administration's approach to enforcement. But that's no excuse to rest easy. The DOJ Antitrust Division has amplified its 'whole-of-government' approach by seeking cooperation from other agencies and enforcers overseas. Recent initiatives target the Covid-era collusion schemes creating supply chain disruptions. .@TheJusticeDept Announces Initiative to Protect Americans from Collusive...

How can companies and EHS professionals avoid the many risks of non-compliance? This article discusses five vital measures companies should implement in their EHS operations when approaching environmental compliance reporting. With digitization, visibility, collaboration, productivity and sustainability, companies can drive proactive environmental compliance and more effectively prepare for Tier II reporting. There are two truths of environmental compliance. First, non-compliance...

As part of its ongoing commitment to cyber threat research, Kroll’s threat intelligence team looked at hundreds of real-life cyber incidents to determine how intrusions occur. Alan Brill, senior managing director of cyber risk at Kroll, explains what they’re seeing and what should be of concern to every compliance officer.

What constitutes 'sustainable activity'? What does not? And what does it take to achieve compliance with the EU Taxonomy for Sustainable Activities? These are the questions that put European and international compliance officers in the ESG weeds. 

Compliance teams could see an uptick in cybersecurity whistleblower complaints as regulators expand protections and incentives for those reporting data breaches, vulnerabilities or other cyber-related misconduct. But cybersecurity incident reports require special handling. Here’s how to prepare for the unique nature of cybersecurity whistleblowing. Whether increased plans to protect or incentivize whistleblowers in the U.S. or U.K. result in a...

As the people of Ukraine continue to hold out against the Russian invasion, the Biden Administration, in partnership with allies around the world, has issued a series of sanctions and export controls aimed at isolating the economies of Russia and Belarus. The White House now plans to ramp up enforcement of these, along with pre-existing sanctions.

Many AML frameworks are designed specifically for banks. If your non-bank organization is required to conduct AML compliance, but follows a bank-tailored policy, it can lead to numerous missteps and potential regulator scrutiny.  For many years, the US Financial Crimes Enforcement Network (FinCEN) has imposed anti-money laundering compliance obligations on certain financial institutions. For these purposes, covered financial institutions include...

Though the Biden administration's first year kept enforcements light, broad shifts and specific measures taken by regulators are set to affect the health care and life sciences industry through 2022. The following lays out enforcements companies will likely experience over the next twelve months.  After a relative lull in white-collar enforcement during the last U.S. administration, many anticipated resurgent healthcare...

If your company's proposed merger is subject to an investigation by U.S. or EU authorities, the likelihood the deal will result in a complaint or abandonment is at a 10-year high in both jurisdictions. In the states, an uptick of DOJ and FTC activity is expected in 2022.  Fast Facts United States The number of significant U.S. merger investigations concluded...

Clamored for in Europe, already implemented in China, Central Bank Digital Currencies (CBDCs) are viewed by many American leaders as unnecessary. The U.K., meanwhile, expects to develop one somewhere down the road. Skadden experts run down where regulators are at with CBDCs, and what may come to pass in the near future.  Rundown of Central Bank Digital Currencies The Bank...

Risk and compliance teams are familiar with potential enforcement from federal regulators. But action from state attorneys general (acting alone or in coalition) can take the unsuspecting business completely by surprise. And in recent years, those actions have grown more frequent, and the penalties more severe.