Compliance

In the #MeToo era, with allegations of workplace misconduct on the rise, organizations need a quick and accurate way to evaluate claims. Hanzo’s Sean Freidlin asserts that the internet is a hotbed of potential evidence — if you can sort through it and make sense of it all. They say, “where there’s smoke, there’s fire,” but that’s not always true....

State agencies are pushing the envelope with respect to their regulatory enforcement authority. Venable’s Randy Seybold and Andrew Kay explore how the resulting increase in improper “regulation through enforcement” actions presents a serious challenge for companies. In recent years, changes in the economic and political landscapes have created an environment ripe for increased scrutiny and oversight by state regulators of...

The government of China recently announced its intentions to publish a list of foreign entities that harm the interests of Chinese companies. Attorneys from Clifford Chance discuss the particulars and how the “unreliable entity list” will have immediate impact to the businesses listed therein. with co-authors Hena Schommer and Nick Turner China's Ministry of Commerce (MOFCOM) introduced a new layer...

Duff & Phelps’ Global Regulatory Outlook report found that while financial institutions globally are devoting considerable energy and resources to AML efforts, there is still work to be done at the firm level. John Arvanitis discusses. The increasing complexity and regulatory scrutiny of combating money laundering has put the spotlight not only on a financial institution’s AML program, but also...

Over the last five years, the Justice Department has struggled to establish a firm set of rules and expectations surrounding corporate criminal liability. Competing factors have made the process murky, as Volkov notes here. But the stakes are high. Today's savvy compliance professional should explore this difficult but critical issue by carefully examining the path DOJ has taken thus far....

Findings from recent studies on compliance trends and developments are a mixed bag; some positive, some negative. Michael Volkov shares an uncharacteristic view of corporations and their failures to embrace E&C strategies. We all like to believe in straightforward and consistent trends and developments. For example, compliance programs are improving, budgets are increasing and CCOs are embracing new technologies. Everything is just...

Nearly half of compliance and procurement professionals find it difficult to identify environmental, social and governance within customer due diligence processes. Brian Alster discusses this and other findings from a recent Dun & Bradstreet survey. There is little doubt amongst supply chain industry experts that knowing and actively managing potential risk is essential to the success of an entire supply...

People need reminding more than they need instruction. Compliance training expert Ronnie Feldman stresses that instruction isn’t enough. Think like an ad man to influence workplace behavior and corporate culture. A very wise and important person once said, “people forget stuff.” I can’t remember who said it first, but I know most recently… it was me! “People Forget Stuff” Most...

More than half of all shareholder proxy proposal exclusions allowed by the SEC are based on Rules 14a-8(i)(7) and 14a-8(i)(10), according to research and analysis in our new whitepaper. In this whitepaper, Intelligize’s Rob Peters and Alyson Clabaugh leverage public company filings and SEC correspondence available in Intelligize’s No-Action Letters database to examine and visualize discernible and instructive trends over the last...

Financial reporting still involves pulling data manually out of an ERP/EPM system into Excel, then manipulating the data to create custom reports – a slow and error-prone process. insightsoftware’s Craig Nickerson outlines a better alternative. A big part of financial reporting for businesses and organizations is related to regulatory compliance. This can vary widely depending on the organization and industry,...

While training is helpful and important, it can get too much focus. After all, training doesn’t address the primary reasons people do what they do. Ronnie Feldman discusses the importance of changing the culture. Ethics and compliance programs tend to put much of their focus on training – making the training shorter, making it modular, making it interactive, making it...

In the advent of automated GRC tools, data-compliance professionals are shooting themselves in the feet by over-relying on old-fashioned spreadsheets. Joe Stanganelli and Alia Luria discuss a better way to manage GRC data. Terry Ray, a senior vice president at cybersecurity-software firm Imperva, is fond of saying that even when organizations are able to identify where their data is, they...