Compliance

The Occupational Safety and Health Administration (OSHA) has recently updated a number of requirements, including for recordkeeping and reporting, which the agency believes will provide greater transparency into companies’ safety records – benefiting consumers, job seekers and even to corporations who wish to benchmark their own performance.

Under recently issued rules, financial institutions have less than two years to implement a new customer due diligence procedure requiring the collection and verification of information on beneficial owners of customers that are legal entities. Here are some practical steps financial institutions can begin to take to ensure compliance with the CDD Rule.

With today’s business relationships defined by contracts, integration with numerous other business processes is becoming a necessity. Cloud-based contracting solutions remove compliance risk and enable enhanced business decisions. Read on for more detail.

Movies and pop culture, whether directly or indirectly, often teach us many of the lessons we learn in our lives. As the legendary character of Willy Wonka, Gene Wilder may have been the first on-screen character to teach us about ethics and compliance.

Compliance is an afterthought for many organizational procedures and processes. In most cases, audit teams periodically review transactions after the fact to check for compliance. But artificial intelligence technologies enable active compliance that is both highly effective and embedded within the core business processes so as to eliminate the sacrifices to speed and efficiency normally associated with business process oversight.

A Chief Compliance Officer’s authority and relationship to the board is a matter of ongoing discussion in GRC circles. But rather than focusing on to whom the CCO should report, perhaps the question we should all be asking is what we expect from the compliance function; therein lies the answer. Jim DeLoach outlines two kinds of CCO and where each...

Anti-corruption laws are being passed worldwide as foreign litigation heats up. Can you rely on your U.S.-based D&O policy, or do the risks require a foreign solution?

Companies with top-quartile perceptions of integrity experience less misconduct than organizations with bottom-quartile perceptions. This new whitepaper from CEB explores what this means from a compliance and risk standpoint.

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