Compliance

4 Safeguards for Privileged Communications Although the compliance function works hand in hand with corporate counsel, the CCO shouldn’t expect all communications with counsel to be protected in the event of an investigation. In fact, there are specific requirements of privileged communications, and most day-to-day compliance discussions won’t be considered privileged. Learn more here. with co-author David Schmitz The Corporate...

In this critical time for compliance officers, Volkov explores the implications of the DOJ's latest move.

While many expect the new administration and Congress to chip away at employee protections, several initiatives in Congress and the executive branch suggest a trend in the opposite direction for federal employees. Two Acts currently pending in Congress are designed to fill gaps in protection for federal employees and prevent agencies from enforcing gag orders.

It may come as a surprise, but “ethics” has a negative connotation for many in a business context. Similarly, the compliance profession is often viewed negatively, as impinging on employees’ freedom. But those of us on the inside have an entirely different perspective, thinking of compliance as synonymous with integrity. Is it time, then, to rebrand the profession?

The foundation of an ethical culture is trust and integrity. Employees are proud to work for organizations that prize trust and integrity. When senior leaders act in ways that are contrary to these values, employees’ belief in the company’s integrity plummets. The importance of tone at the top can’t be underestimated; failings in this regard are disastrous.

ISO 37001 specifies requirements and provides guidance for establishing, implementing, maintaining, reviewing and improving an anti-bribery management system. There is, of course, good cause for businesses in India to adopt the new standard, but it’s likely that there will be some staunch opposition to the change.

A common discussion taking place across all enterprises today is the need for digital transformation, a change from legacy to digital processes and procedures. While many of the benefits of modernization relate to improvements in efficiency and productivity, there are several core compliance benefits, as well.

Compliance training is met with moans and groans by employees. It is always seen as a necessary evil. But does it have to be viewed that way? Compliance training expert Ayesha Omer knows better: there are plenty of ways to make it more purposeful and engaging. Read on for tips and strategies to do away with boring compliance training.

“Collaboration, not Subordination” Captive compliance programs are hamstrung programs. Compliance officers who enjoy independence and are able to collaborate with legal, HR and other key business teams… they’ll be far more effective. We’ve long discussed the need for compliance officers to have a seat at the table. It’s time for businesses to graduate to Compliance 2.0. By: Donna Boehme I...

Chief Compliance Officers come up against some formidable challenges. Without robust attorney-client privilege, unearthing compliance violations in the course of internal investigations could be one of them. Herein lies the perfect opportunity for a CCO/Chief Legal Officer partnership.

Real estate is one of most attractive sectors for criminals to launder dirty money due to the ease of entering and exiting the market, as well as weak regulations in the industry. This article highlights the most common schemes criminals use to launder ill-gotten money.

AML expert Ahmed Taimour regularly shares updates on developments in compliance from around the world. This month, we take a look back at some of the most significant news in the last 12 months.