Compliance

Corporate culture, defined by behavior, is notoriously difficult to measure. Determining, then, whether an organization boasts a "culture of compliance" or instead operates in a "culture of corruption" is tricky. There are a number of red flags, however, that often point to endemic corruption. Among them: tone at the top, incentive structure, and strategy.

Starting this year, employers with 50 or more full-time employees are required to provide affordable health insurance coverage under the ACA, and to track, manage and report the company’s health insurance data. Begin establishing a reliable and smart compliance tracking and reporting process now to stay on schedule to meet the IRS’s requirements and avoid potential penalties.

Anti-money laundering programs can fail for any number of reasons. In Michael Volkov's experience, most failures in AML compliance can be traced back to at least one of five core shortfalls. The planets don't have to be perfectly aligned for an AML program to work well, but it does require a concerted effort, from the top of the organization to...

Software is today's competitive currency, and software-based services are the primary way a company connects and communicates with customers. At the same time, businesses are facing increased scrutiny and a growing number of regulatory requirements. Enterprises are keen to reconcile the conflict between compliance and competing in the fast-moving digital marketplace.

As of December 1, the amendments to the Federal Rules of Civil Procedure are effective. These rule changes take into account the more “exotic” sources of electronically stored information and emphasize the value of cooperation, proportionality and early judicial case management. Read on to learn about these key changes in the discovery landscape.

This week has been momentous for Star Wars fans. With the release of “The Force Awakens,” we remember everything we’ve loved about the timeless franchise. Tom Fox reminisces about the original trilogy (don’t worry, no spoilers from the new film here!) and its applications to compliance. So what can a compliance practitioner learn from Han Solo and Lando Calrissian?

The cost of FCPA violations can really pile up, from penalties levied by enforcement agencies to reputational damage when wrongdoing is made public to prison time for perpetrators. Companies must remain vigilant to recognize the signs of bribery. Guilty parties tend to hide the evidence after all. (Or try, at least.) Do you know where to look and what to...

John Jay, one of the lesser known founding fathers, served as the America’s first Chief Justice of the Supreme Court. He might have some excellent guidance to offer leaders in compliance. Few would argue the importance of ethical leadership, but what’s not as widely lauded is the idea that tone at the top is just as key as tone at...

Effective compliance with the conflict minerals legislation requires supply chain traceability based on upstream knowledge by covered companies. While this law imposes some burden on filers, noncompliance may expose companies to far greater risks than any possible sanctions by the SEC.

DOJ enforcement of antitrust law and related sanctions have been on the rise in recent years, making compliance as critical now as ever. And it’s not only the U.S. cracking down on price-fixing; governments the world over are strengthening their commitment to rubbing out cartel behavior. Deloitte experts outline five tenets of a strong antitrust compliance program.

Due diligence should be considered one component of a compliance program, not the sole or even necessarily the most important element. There have been several significant developments in compliance this year, third-party due diligence among them. CCOs would do well not to focus primarily in this or any one area, however. As with most things, balance is key.

The Affordable Care Act has introduced reporting requirements many businesses have struggled to comply with. While large companies may have the resources to tackle the requirements, owners of small and mid-sized businesses should consider partnering with Professional Employer Organizations (PEOs) to alleviate the burden.