Compliance

Are you grappling with the practical implications of new technologies? What does it all mean from a regulatory and organizational perspective, and what does the future look like for compliance pros? ICA’s Mark Taylor weighs in. Do you remember the sound of the dial-up modem? An alien ting-a-ling sound interrupted by peculiar beeping noises and a droning burr? The Early...

As the news of the day should make clear, whistlblowing is never an ideal proposition. Even with legal protections in place, whistleblowers face a host of risks. Marcy Maslov shares her personal story as a whistleblower. Whistleblowing is hard in the best of circumstances. Having made the choice to report unethical and illegal activities and almost getting myself killed for...

Do you know the five key ingredients of a successful compliance program? More to the point: does your organization have all five already? There's room for improvement in every program, but be sure you're building on a strong foundation. Kris Welch, expert in regulatory compliance and VP at Chartwell Compliance, offers her recipe for an effective compliance program.

How will the scale and scope of risk priorities change in the near future? What are the fault lines that organizations need to watch for? How will digital advancements impact GRC? And what are the ethical issues that could hamper trust? This report from MetricStream offers predictions about the changes and issues that will impact GRC in 2020 and beyond....

Corporate investigations, which can be triggered by any number of events, have become a fact of life for most companies. A new report from H5 examines current trends relating to corporate investigations, the nature of investigations companies face, the concerns that drive them, the tools and methods utilized in their pursuit, the challenges associated with conducting investigations and the outlook...

A compliance officer’s job can be complicated enough, but some financial institutions impose hardship by having too many disparate solutions working on the same problem. CaseWare RCM’s Eric Hansen explains why working in these compliance silos can make it more difficult for compliance pros to do their job. A day in the life of a compliance officer is becoming more...

Pop quiz! What’s the best time to engage an independent monitor for an M&A process? Answer: “as early as is practicable.” Jay Rosen explores how an independent integrity monitor can benefit the entire M&A process. By engaging an independent monitor as early as is practicable, there can be preliminary discussions with senior management about the process, sometimes at the CEO...

Shifting from an “outside-in” to an “inside-out” security strategy enables an organization to adapt readily to an ever-changing regulatory landscape – despite resource constraints. Optiv’s John Clark discusses. The adoption of the General Data Protection Regulation (GDPR) in April 2016 initiated a worldwide debate over consumer data privacy rights and regulations. More than three years later and 18 months since...

Survey underscores the need for financial firms to embrace social, mobile and collaboration technologies in order to compete and grow Smarsh released its ninth annual Electronic Communications Compliance Survey Report today. The survey of more than 300 compliance professionals in the financial services industry finds that organizations must rethink their approaches to the adoption, retention and oversight of electronic communications...

Compliance professionals’ jobs are made immeasurably more difficult without the support of the board. Michael Volkov offers five concrete actions the compliance department can take to enhance the board-compliance relationship. In today’s aggressive enforcement environment, corporate board members have a target on their respective backs. Even with robust liability insurance, corporate boards are operating in a state of “ignorance is bliss.”...

Jay Rosen considers what a monitor would review to determine if a company adequately considered ethics and compliance during the M&A process. There are two distinct phases in the M&A process: pre- and post-acquisition. In each phase, an independent monitor would look at different aspects of it. The first is the planning, negotiation and due diligence. This review goes up...

As compliance regulations grow in complexity, organizations will need to both protect their reputation and avoid costly enforcement actions. LexisNexis Risk Solutions’ Leslie Bailey discusses how best to manage the challenge. Anti-money laundering (AML) compliance costs have continued to increase at a dramatic pace. Our recent study projected that the cost of compliance for U.S. and Canadian financial services firms...