Compliance

This new whitepaper from CEB highlights the importance of making compliance part of a company's operations -- and offers three important changes compliance teams must make to their programs.

The Panama Papers leak was a kick in the pants to many, leading in a lot of cases to criminal investigations. In other ways, however, the scandal may turn out to be a good thing. Under increased scrutiny, flaws in anti-bribery and anti-corruption practices are coming to light. This is especially true in the maritime industry, which has some catching...

A recent court ruling in Hong Kong may have substantially diminished the burden on prosecutors in cases involving financial crime. But the decision may lead to the incarceration of people with no more connection to a crime than the possession (after the fact) of monies involved and the suspicion that the funds could be dirty. Isn’t this tantamount to a...

By white collar defender and former federal prosecutor Michael Volkov, this book looks a the DOJ's latest attempts to deter corporate criminals

For a Westerner, the experience of driving in the crowded streets of Mumbai is nothing if not chaotic. And yet, the vast majority of the people on the road – taxi drivers, pedestrians, cyclists – fare just fine every day. If there are rules of the road, they’re not often followed; instead, a universal expectation of cooperation keeps things moving....

If anyone has more free compliance whitepaper downloads than CCI, let us know.

As much as Volkswagen wants us to believe it, corruption never happens in a vacuum. As VW squirms under the weight of a DOJ investigation into their decade-long emissions scandal, it’s becoming clear that the initial claim of engineers acting solo won’t hold water. It’s another instance of corruption underscoring the myth of the rogue employee.

The DOJ and SEC have recently placed greater focus on personal liability in the fight against corporate misconduct, and chief compliance officers are feeling the squeeze. Some are asking themselves whether a future in compliance is worth the risk to their careers and personal lives. And at a time when many don’t have the resources they need to do the...

Making good on a 2012 campaign promise, President Pena Nieto has pushed through a legislative package consisting of three laws intended to strengthen the fight against corruption. Of course the measure of success here lies in enforcement, so the ball is squarely in the prosecutor’s court.

With big data in the news almost every day and the requirement for due diligence on third parties to meet compliance obligations, there has been an explosion of providers entering the market. For companies looking for due diligence providers, it is important to be aware that not all parties are created equal.

FINRA has expanded the regulatory landscape by announcing its focus on and evaluation of firm culture. For the first time, regulatory oversight may include behavioral psychology in its calculus. It is paramount that the industry participates in this dialogue and contributes to meaningful guidance.

Financial institutions are no stranger to the watchful eye of the Consumer Financial Protection Bureau (CFPB). Financial institutions have been the subject of numerous investigations and in some cases, the recipient of large fines imposed by the government agency. As entities that deal regularly with consumers, mortgage servicers are among the institutions that must abide by CFPB regulations.