Compliance

UK lawmakers are considering sweeping changes to the so-called identification principle, which makes prosecuting corporate crimes notoriously difficult. Economic crime lawyer Lloydette Bai-Marrow explores what the changes would look like in practice — if they make it into law. The identification principle as established by the 1971 case of Tesco v Nattrass has been a proverbial thorn in the side...

Victoria White started her career as a trainee solicitor at Dentons in London. Now, two decades later, as she becomes the firm’s global compliance officer, White reflects on what she’s learned and what’s next for compliance and risk professionals in this Q&A with CCI’s Jennifer L. Gaskin. Regulations that seem ever-changing. Constant, disruptive technological advances. Combatting the perception that you’re...

Satisfying third-party due diligence and compliance requirements can be time-consuming, especially for your suppliers — and global regulations around supply chain due diligence are only growing. Aravo’s Dean Alms offers his advice: Make things easier on your suppliers, not harder. Bribery and corruption, cybersecurity attacks and data spills, ESG concerns, geopolitical shifts and manmade or natural disasters pose complex and...

Where does the risk & compliance industry stand today — and what does the future hold? Benchmark Report 2023 State of Risk & Compliance About this report from NAVEX: What are the true markers of a mature risk and compliance program? What are the differences in how European and American professionals assess their program efficacy? What have shifts to hybrid...

(Sponsored) Recent updates to measures designed to control toxic chemicals in the environment complicate compliance for companies across a variety of sectors. Bruce Jarnot, a regulatory and sustainability expert at Assent, tells companies what they need to do to avoid steep penalties that can include prison time. The EPA can use Toxic Substances Control Act (TSCA) to restrict the use...

Telemarketing isn’t just annoying to consumers; it’s also often a pain for the companies that rely on call centers to drive sales. As Brian Steele, a VP at Gryphon.ai, explains, compliance may not be top of mind for teams focused on generating revenue — but it should be. Many call center and sales leaders and employees see compliance as beyond...

The pandemic showed us that large numbers of Americans don’t really understand HIPAA and what protections it provides consumers despite the fact that it’s been around for decades. While one could forgive ignorance on the part of people who don’t deal with HIPAA requirements every day, it’s less forgivable when organizations to which the law applies seem ignorant of it....

Starting this year, the European Union is adding new layers of regulation to its digital enforcement landscape, including the Digital Services Act. Certa’s Jag Lamba explores what the DSA means for major online platforms, both in the EU and in the United States. This year, the European Union’s Digital Services Act (DSA) requirements came into effect, adding new regulations for...

False Claims Act litigation surrounding drugmakers’ speaker programs, often used to educate healthcare professionals about a company’s products, has many organizations understandably on edge. Randy Luskey of Paul, Weiss examines recent government and industry guidance on pharmaceutical speaker programs and offers insights to help companies develop effective guardrails. Pharmaceutical companies have long used speaker programs as tools to educate healthcare...

Prateek Swaika and Sagar Gupta of Boies Schiller Flexner discuss the regulatory framework of UK’s anti-money laundering regime and explore key legal developments. In response to the Russian military action in Ukraine, the UK government has continued to impose stringent sanctions and strengthened its anti-money laundering regulations aimed at targeting Russian financial and trade sectors, state-owned media and individuals connected...

Financial institutions have enjoyed a fairly easygoing regulatory environment in recent years. Combined with strong economic performance, that’s meant a certain amount of coasting when it comes to enhancing their compliance management systems. But the time for relaxation is over, and as Capco’s Pamela Buckley explains, institutions need to take a hard look at all levels of their compliance programs....

Despite widespread efforts to ban problematic communication apps like WhatsApp and WeChat, only 3% of compliance leaders strongly believe those bans are effective, according to new research from compliance software provider Global Relay. Global Relay’s small survey of 39 global compliance officers, mostly in the financial services industry, found that while 59% had banned WhatsApp and similar apps as a...