Compliance

StarCompliance’s Tim Ward offers high-level thinking on exactly what organizational culture is, practical steps you can take to shape it and where technology comes in. Corporate culture is a hot topic. The idea is that it's a primary driver for all sorts of company activity. Good and bad. Helpful and not so helpful. But it's an especially hot topic in...

Third-party intermediaries pose a significant corruption risk for multinationals. In this six-part series, Jim Nortz provides practical steps to reduce your firm’s corruption risk and avoid prosecution in the event an intermediary is caught paying bribes. After less than six months on the job as Chief Compliance Officer for a multinational corporation, I found myself in a shabby conference room...

Four attorneys with Baker Donelson discuss what employers should know about the EO deferring the withholding, deposit and payment of the employee’s share of FICA taxes funding Social Security for the final quarter of 2020. The President's Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, dated August 12, 2020 (Order), directs the Secretary of the...

Sponsored The details surrounding Zoom HIPAA compliance aren’t as simple as you’d think. Onna’s Scott McVeigh discusses what organizations should know about the platform powering telehealth visits across the nation. Like many pandemic-induced virtual trends, telehealth continues to break into the mainstream at a rapid pace. The “anytime, anywhere” doctor visits appeal to many across the U.S., with reports of...

With normal, day-to-day business processes interrupted and organizations increasingly adopting cloud infrastructure services, the GRC landscape is rapidly changing. LogicGate CEO Matt Kunkel offers predictions based on changes he’s seen within risk and compliance management this year. Things in governance, risk, and compliance (GRC) change really quickly. And if you throw in the fact that normal, day-to-day business practices have...

Kroll’s Jordan Strauss, Mariellen Davies-DeMarco and Alyssa Heim discuss what they view as the most significant threats to good governance and offer suggestions on how best to mitigate these risks. The worst pandemic in over 100 years. A frail global supply chain. The temporary reduction in global government investigations and enforcement. For most firms, the current environment poses the greatest...

Even during the unprecedented workforce upheaval of 2020, the IRS continues to assess potential Affordable Care Act (ACA) employer penalties. Health e(fx)’s AVP of Compliance, Kyle Scott, discusses measures to prevent penalties. Organizations across myriad industries have struggled to maintain compliance with the Affordable Care Act’s (ACA) Employer Shared Responsibility Payment requirements for many reasons – from the challenge of...

Ellen McCarthy, Head of Compliance at Computershare, opines on the IIA’s recent updates to its three lines of defense model, positing that they fail to recognize the importance of the independence of the compliance function. The Institute of Internal Auditors (IIA) last month issued a new three lines model, updating its “Three Lines of Defense” model to set forth the...

The coronavirus crisis and general chaos of 2020 has created the perfect conditions for criminals to thrive. Opportunities are rife, and compliance teams are occupied in assessing a range of suspicious activities. LexisNexis Risk Solutions’ Michael Harris discusses how risks are higher than ever. The COVID-19 pandemic has brought unprecedented challenges for businesses across every sector – from keeping employees...

Businesses with cross-border commuters have some unique factors to consider given how the pandemic has changed employees’ work arrangements. ADP’s VP of Government Relations, Pete Isberg, helps to clear up confusion around tax compliance during COVID-19. Our country’s COVID-19 crisis has raised unprecedented threats not only to public health, but also to our nation’s economy and businesses around the world....

2020 has been a turbulent year so far, with a continued focus on tackling compliance and mitigating risk in unprecedented times, as the pandemic has created a breeding ground for financial crime and fraud.  As we (mercifully) approach the last quarter of 2020 and kids head back to school, catch up on the latest regulations and technology with this suggested list for reading, podcasts...

Compliance doesn't appear to figure prominently in the update to the Institute of Internal Auditors' 2013 Three Lines of Defense Model. Compliance consultant Nicole Di Schino takes a look here, providing original reporting for CCI as she shares analysis and opinions from compliance pros and IIA CEO Richard Chambers. All images courtesy of Institute of Internal Auditors; used with permission...