Compliance

Last month, the U.S. Supreme Court issued a decision in the Digital Realty Trust v. Somers case, a closely watched case in the compliance community. Tom Fox reviews the Court's decision and considers the effect of the decision on a host of actors, including CCOs, compliance practitioners, compliance programs, corporate America and the SEC itself.

Q&A with Gerry Zack, Incoming CEO of SCCE Today we are pleased to share an interview between CCI’s Founder, CEO and Publisher, Maurice Gilbert and incoming CEO of the Society of Corporate Compliance and Ethics (SCCE). Gerry Zack is a compliance and anti-fraud expert and author, specializing in the prevention, detection and investigation of fraud, noncompliance and corruption. Maurice Gilbert: What...

Enhancements Needed to Address Deficiencies April is fast approaching, and with it comes the deadline for certification with the New York State Department of Financial Services (NYDFS) Part 504 rule. The requirements pose considerable challenges for financial institutions, and any regulated institution that fails to detect or report suspicious money laundering transactions may be found to be deficient and in...

The Value of Big Data A crucial shift is underway in the financial services industry when it comes to regulatory compliance; cultures are changing, and new value is being created for banks and their customers because of AI technology. Grace Brasington of Watson Financial Services discusses the role technology can play in bank’s business and regulatory successes. When it comes...

Putting Plans Into Effect As tech evolves, so too does the compliance landscape, and keeping up can prove quite the challenge for many businesses. Here, we share trends and predictions from Anthony West, CTO at Actiance and an expert in electronic communications compliance. While 2017 was spent frantically preparing for regulations like MiFID II and GDPR, 2018 looks to be...

How Compliance Can Help Effective business continuity planning starts with honest assessments of risk areas, plus resolve, resources and funding to address those risks. For the past 10 years, we’ve conducted primary research on business continuity and resilience, focusing specifically on IT systems, given their essential role to the functioning of today’s enterprises. A decade of research into business continuity...

4 Considerations to Mitigate Risk Among the chief concerns of those using blockchain (and its critics) is the lack of transparency. Currently, users can unwittingly violate OFAC sanctions, among other regulations. Clifford Chance’s Wendy Wysong and Ali Burney explore how businesses can guard against the risks inherent in using blockchain technology. with co-author Ali Burney Blockchain, the technology that underpins...

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...