Compliance

A review by LRN, an ethics and compliance training provider, indicates that many of the top public companies around the world appear to fall short when it comes to providing something as foundational as an effective code of conduct. LRN’s analysis, released last week, revealed deep disparities in the codes of conduct for top publicly traded companies, suggesting the majority...

The DOJ indicates that it will increase the use of monitors in corporate criminal enforcement; what does that mean for organizations?

Organizations admit failing to prioritize annual security risk analysis, according to small survey

DOJ has sharpened focus on individual accountability — and on health care. This signals an uptick in internal investigations involving outside counsel, who must traverse the potential pitfalls.

Advice on preparing for ESG reporting: don’t move too fast. But also, don’t move too slowly. As regulators raise the bar, contemplating compliance with climate disclosures creates anxiety. As the public consultation season officially begins, businesses around the world are watching with anticipation as governments ramp up their ESG disclosure rules. This time, it’s not a matter of giving feedback...

Two employment lawyers drafted this thank you note for a fictitious company — but the scenario it describes is all too common. One of the authors, Anita Mazumdar Chambers, recently won a $2.4 million jury verdict in a retaliation case against a company that mishandled the incident management process. As this note reveals, some companies make a law firm’s job easy…. Dear Acme Corp. Compliance...

National risk assessments (NRA) are the apparatuses used by nations to assess their exposure to threats such as financial fraud and money laundering. The World Bank has just released a report on the state of NRAs suggesting others need to learn from the practices of eight “advanced countries.” Anonymous authors plus their confidently on-the-record editor — an insider with vast...

A growing global regulatory focus on consumer privacy and data protection, along with new sustainability measurement and reporting laws, reconfirm the vital role of the chief compliance officer, according to Accenture’s latest global compliance risk study. The seventh edition of Accenture’s annual compliance risk report (“Can compliance keep up with warp speed change?”) was based on a survey of 860...

A growing global regulatory focus on consumer privacy and data protection, along with new sustainability measurement and reporting laws, reconfirm the vital role of the chief compliance officer, according to Accenture’s latest global compliance risk study. The seventh edition of Accenture’s annual compliance risk report (this year's title: “Can compliance keep up with warp speed change?”) was based on a...

Expanded climate reporting will likely tempt marketing teams to try to capitalize on favorable climate performance as disclosed in reporting. But be warned: Disclosure language meeting the SEC’s reporting requirements does not necessarily meet the guidelines of the Federal Trade Commission (FTC). Picture this: Acme Widgets decides to launch an advertising campaign highlighting its efforts to be more environmentally friendly....

National and international arbitration venues and lower courts are now seeing corruption-related pleas, disclosures and settlement agreements introduced as evidence of corruption or misconduct. This means GRC professionals will need to collaborate with a new set of stakeholders: arbitration litigators. Often studied and practiced separately, the worlds of anti-corruption compliance and international dispute resolution are now intersecting. This is particularly...

To police financial crime, more businesses are incorporating artificial intelligence — machine learning, in particular — into monitoring, prevention and compliance programs. CCI interviewed Leslie Bailey, vice president of financial crime compliance strategy at LexisNexis Risk Solutions, who insists the most effective programs are built on a foundation of advanced analytics driven by humans. Bill Millar (CCI): What are the...