Compliance

It’s critical to establish a culture of compliance and ethics -- along with a risk management programs that helps comply with regulatory requirements and ethical standards. This study asserts that companies can do both by focusing on three key areas.

Compliance management tops regulators’ priorities, so the demand for skilled compliance specialists is at an all-time high. At the same time, compliance professionals practice at greater personal risk now than ever, so experts are growing increasingly scarce. This is a real problem for the compliance function as a whole, but software solutions are emerging to help handle the deluge of...

Financial services leaders express concern about rising compliance and fraud detection costs. Short of spending more on automation or slashing capital and operating expenses, what can they do to stay ahead of nefarious activities without breaking the bank? Cloud compliance solutions may hold the key.

It used to be that no single regulator saw its job as protecting the economy and financial system as a whole, but the convergence of regulations and risk management is bringing transformative change. The EU’s Market Abuse Regulation targets EU financial firms, though U.S. based organizations must take notice as well.

The Occupational Safety and Health Administration (OSHA) has recently updated a number of requirements, including for recordkeeping and reporting, which the agency believes will provide greater transparency into companies’ safety records – benefiting consumers, job seekers and even to corporations who wish to benchmark their own performance.

Under recently issued rules, financial institutions have less than two years to implement a new customer due diligence procedure requiring the collection and verification of information on beneficial owners of customers that are legal entities. Here are some practical steps financial institutions can begin to take to ensure compliance with the CDD Rule.

With today’s business relationships defined by contracts, integration with numerous other business processes is becoming a necessity. Cloud-based contracting solutions remove compliance risk and enable enhanced business decisions. Read on for more detail.

Movies and pop culture, whether directly or indirectly, often teach us many of the lessons we learn in our lives. As the legendary character of Willy Wonka, Gene Wilder may have been the first on-screen character to teach us about ethics and compliance.

Compliance is an afterthought for many organizational procedures and processes. In most cases, audit teams periodically review transactions after the fact to check for compliance. But artificial intelligence technologies enable active compliance that is both highly effective and embedded within the core business processes so as to eliminate the sacrifices to speed and efficiency normally associated with business process oversight.

A Chief Compliance Officer’s authority and relationship to the board is a matter of ongoing discussion in GRC circles. But rather than focusing on to whom the CCO should report, perhaps the question we should all be asking is what we expect from the compliance function; therein lies the answer. Jim DeLoach outlines two kinds of CCO and where each...

Anti-corruption laws are being passed worldwide as foreign litigation heats up. Can you rely on your U.S.-based D&O policy, or do the risks require a foreign solution?

Companies with top-quartile perceptions of integrity experience less misconduct than organizations with bottom-quartile perceptions. This new whitepaper from CEB explores what this means from a compliance and risk standpoint.