Compliance

Maintaining a Competitive Edge in the Banking Industry Compliance professionals know it well: the organizations that embrace compliance and adopt a culture of ethics absolutely reap the benefits from a business perspective. John Freeman, Chief Legal Officer at Tata Communications, discusses why a positive approach to compliance is essential. Regulatory compliance often conjures up feelings of "big government," and it’s...

11 Common Pitfalls This is the third part in a series on truths about global compliance. This installment provides a rundown on some of the most common compliance failures. Read Part 1 and Part 2, and download the full version from TMF Group to learn more. Compliance is a mandatory aspect of doing business. It should be conducted as humanly as...

When thinking about handling compliance at scale, creating a global framework can allow the organization to grow without limit. How challenging is it to work in compliance these days? World-class compliance experts from TMF Group share their views. This is the second part of the series 5 truths about global compliance. Read the first part here and  download the paper to read the...

Engaging Training for Workplace Safety Given the recent prevalence of gun violence, businesses and organizations should conduct training and practice emergency response procedures for an active shooter with the same frequency as fire drills or other emergencies. Compliance training should be engaging, and emergency procedures need to be second nature so that staff are equipped to respond effectively under stress....

Shifting from Traditional to Digital Contract Terms By leveraging digital technology, outsourcing providers … This is a fundamental change in outsourcing that will require fundamentally different contract terms. Brad Peterson discusses the difference between traditional and digital contract terms in this video. Here, Rebecca Eisner, Daniel Masur and Brad Peterson further explore the history – and future – of outsourcing....

7 Reasons Compliance Teams Are Struggling How challenging is it to work in compliance these days? World-class compliance experts from TMF Group share their views. Priscila Westerhof-Fittipaldi, Portfolio Director of Corporate Secretarial Services at TMF Group, shared a story that left her in awe: "During our onboarding exercises with a global client who hired us for our Corporate Secretarial (CoSec)...

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...