Compliance

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...

In the event you don’t already have a robust and meaningful set of compliance and ethics KPIs at your company, Jim Nortz offers a couple of things you might consider doing to remedy the situation:

According to new research from The Risk Advisory Group, third party risk is the number one priority for compliance professionals in 2018. In order to manage their third party relationships efficiently and mitigate the risk, compliance professionals are increasingly turning to technology to help. But what are the benefits and what is the real value of moving to an online system?

When participating in a transaction, there are many steps to consider and take to seamlessly carry out a sale. Allocating resources and effectively communicating are key for successful due diligence, the process prior to finalizing an M&A transaction.

Like Achilles or Sampson, the power and potential of AI has a weakness, a vulnerability. In the case of financial services that weakness is its opacity. In general, the better the machine learning system, the blacker the box - that is, the harder it is to decipher what is going on inside the model.

Because ABC compliance is driven by enforcement as opposed to regulation, gaps may only become visible when an incident occurs, and by then, it’s too late. If a corporation can prove to the regulator they’ve done everything in their power to prevent corruption, and any bribes were the actions of a rogue individual, then they may be able to avoid...

Kristy Grant-Hart will be a keynote speaker at the NAVEX Global 2017 Ethics & Compliance Virtual Conference. Register for free today to join her session.  What makes for a long-term successful career in compliance?  Is it personality?  Certainly, being likeable is advantageous, but it isn’t critical.  What about understanding the business?  Absolutely, this is important, but it won’t necessarily make you...

Ignorance is never bliss: Examining why companies choose to deliberately postpone GDPR compliance initiatives and how they can instead adopt a no-nonsense approach to achieving GDPR compliance for their digital assets.

The past few years have seen the largest security breaches in history. As risk and compliance professionals scramble to predict and prevent future breaches, one aspect that could strongly impact the outcome is how the company's board of directors are impacting security.

Translating Smart Investments to Improved Governance and Customer Relationships Anti-money laundering regulations (AML), including Know Your Customer (KYC) requirements, are hardly a new concept in the world of financial services. Over the years, financial institutions have largely mastered the mechanics of compliance. There is, however, significant opportunity for improvement, especially when it comes to boosting accuracy, efficiency and productivity. Banks...

Sharie Brown, chair of FCPA and Corporate Compliance at DLA Piper, provides a list of "red flags" companies can instruct their employees to watch out for to manage compliance risk of overseas operations. Red flags are included for the areas of anti-bribery, export controls, anti-money laundering, anti-terrorism, and anti-boycott risks.

Commission Prepares to Implement Self-Reporting Program The Director of the Division of Enforcement at the Commodity Futures Trading Commission (CFTC) noted recently that the Division's role is “to facilitate healthy, robust and resilient markets” to deter misconduct. To that end, the Division plans to implement a cooperation and self-reporting program as a way of getting buy-in from the communities and...