How Effective and Efficient is Your Process? In-house investigation teams are expected to be agile to be able to help organizations in addressing cases that come from whistleblowing channels and sustaining the ethical standards of the organization. By supporting your investigation teams with measures to assess effectiveness and efficiency you can help make the teams more agile and enable them...
How to Mitigate Risk and Liability When allegations of misconduct are raised, leadership should quickly turn its attention to an internal investigation. Depending on the nature of the supposed wrongdoing, the matter may need to be investigated quickly. But a haphazard investigation won't do. Jeffrey Klink offers seven steps to a successful investigation. Businesses regularly confront allegations of internal misconduct....
An Increased Focus on Measuring Behavior In 2018, all signs point to an increased focus on measuring behavior and a deeper understanding of program effectiveness. Learn more about this trend below, and read all eight of SAI Global’s trends and predictions here. Advances in ethics and compliance training technology and learning management systems (LMS), as well as a growing maturity...
Along with Increases in Productivity and Reach Come Real Risks New collaboration platforms such as Slack and Facebook Workplace are rapidly gaining traction in businesses large and small, especially among younger workers and millennials who gravitate to these tools because they are much more immediate and efficient than trading emails or voice messages. However, such gains in workforce productivity can...
Follow the Resources How do you know whether your ethics and compliance program will succeed? One surefire way to gauge its potential efficacy is to see just how well equipped it is to do the job at hand. Does your compliance team have the manpower and budget it needs? An effective ethics and compliance program depends on the Chief Compliance...
In the event you don’t already have a robust and meaningful set of compliance and ethics KPIs at your company, Jim Nortz offers a couple of things you might consider doing to remedy the situation:
According to new research from The Risk Advisory Group, third party risk is the number one priority for compliance professionals in 2018. In order to manage their third party relationships efficiently and mitigate the risk, compliance professionals are increasingly turning to technology to help. But what are the benefits and what is the real value of moving to an online system?
When participating in a transaction, there are many steps to consider and take to seamlessly carry out a sale. Allocating resources and effectively communicating are key for successful due diligence, the process prior to finalizing an M&A transaction.
For compliance professionals, the opportunities presented by regulatory technology are plentiful, even though challenges exist. Several best practices can help ensure they are getting the most out of the tools they choose for their businesses.
The May 2018 deadline for the EU’s General Data Protection Regulation (GDPR) should have organizations scrambling to roll out GDPR-readiness programs. After all, the regulation applies to most organizations doing business in the EU, non-compliance can result in severe fines, and getting ready for compliance will likely take significant time and effort. However, according to a recent global CGOC survey of compliance...
The prospect of record-breaking fines for noncompliance with regulations set by the Financial Industry Regulatory Authority (FINRA) continues to loom large for financial organizations and their CEOs. Executives should take a proactive approach to dodging the FINRA fines bullet. Read on for five practical compliance strategies.
Like Achilles or Sampson, the power and potential of AI has a weakness, a vulnerability. In the case of financial services that weakness is its opacity. In general, the better the machine learning system, the blacker the box - that is, the harder it is to decipher what is going on inside the model.
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