Compliance

How "Supersociedades" is Doing in Battling Corruption Matteson Ellis summarizes developments with respect to Colombia’s Superintendent for Corporate Entities (Supersociedades). Numerous investigations are underway, sanctions have been levelled and the country’s leaders are speaking out in no uncertain terms to condemn wrongdoing. Recent announcements in Colombia indicate that the country is taking seriously its new transnational bribery law. Colombia’s Superintendent for...

The Challenge of Managing Hybrid Environments The cloud presents many advantages for businesses, but with those advantages also come compliance challenges. This article examines the findings of recent research which suggest compliance woes are putting the brakes on cloud computing’s onslaught. Is your company prepared to fully address your compliance challenges so it can maximize the use of – and...

Using Master Data Management as Part of a Robust Compliance Program Martin Samuel Nielsen discusses how leveraging master data management as part of your compliance arsenal will allow you to understand, manage and control information about your customers, products and more to safeguard how data is managed and maintained across your business. As the world becomes more digital, the number...

Where to Start CCI's Maurice Gilbert interviews Rick Schroeder about what constitutes a compliance "program" versus policies and procedures, and the pair discuss first steps for a company in need of a compliance program. Maurice Gilbert: We hear a lot about the need for companies to have a state-of-the-art compliance program. Give the reader a framework for that. Rick Schroeder:...

Its Applications and Limitations The attorney-client privilege is not absolute, of course. Michael Volkov discusses the crime-fraud exception to attorney-client privilege, including when it may be applied. The attorney-client privilege is an invaluable tool that is used to encourage frank and open communications between a client and an attorney. Clients rely on the privilege when communicating with attorneys. It is important...

Using Advanced Analytics and Continuous Active Learning to "Prove a Negative" This is the second article in a two-part series that focuses on document review techniques for managing compliance in internal and regulatory investigations. Part 1 provided several steps for implementing an effective document review directed at achieving the objectives of a compliance investigation. This installment outlines an approach that...

When the Public Loses Faith Corruption in government is nothing new. And it’s not limited to nations and governments that are developing or are on already shaky ground due to civil discord or poverty. The issue is how we, as a world community, combat it. Because not only does corruption exact a significant financial toll, but its influence may obscure...

How the Changes Will Affect Financial Reporting Recent changes by the SEC to qualification thresholds have altered the qualifications for an organization to be considered a “smaller reporting company.” Penny Somer-Greif of Baker Donelson outlines the new requirements. The Securities and Exchange Commission (SEC) has adopted amendments to its rules and forms to amend the definition of "smaller reporting company."...

EY has published an update around the unique set of compliance challenges and annual reporting deadlines BDCs face. EY’s Matt Forstenhausler and Seren Tahiroglu share best practices in successfully exercising internal controls over financial reporting. Download the full report below.  

Why Teaching Compliance Isn’t Sufficient Sales teams live and die on incentives. And there’s nothing wrong with that per se, but consider what’s at risk when incentives push sales reps in the wrong way. Valerie Charles, Chief Strategy Officer at GAN Integrity, examines the compliance challenges organizations face in encouraging ethical conduct and mitigating corruption risk. It doesn’t take a...

Internal/Regulatory Investigations Versus Litigation Too many corporations approach litigation and compliance investigations the same way, using the same technology, approach and people. But your approach to managing electronic information in internal and regulatory compliance investigations should differ from the one for litigation. Most of the discussion surrounding compliance investigations focuses on best practices for planning and conducting personnel interviews.  This...

Key Details from Recent Reports Large mergers and acquisitions can be high-risk, company-changing affairs. Besides the hefty filing fee of $45,000 or more and the onerous work required to complete the form, transactions that require filing under the Hart–Scott–Rodino Antitrust Improvements Act of 1976 are, by design, required in especially important transactions. Tod Northman details lessons from the recent reports. Besides the...