Compliance

Implementing a GRC technology solution can be a boon for your business. That is, if it's done with an appropriate, well-thought-out approach. Deloitte's Tim Cercelle, an Advisory director in the firm's Regulatory & Compliance group, offers key strategies to ensure your GRC tool works for you, and not the other way around.

One of the greatest challenges corporate compliance practitioners face is securing buy-in from staff on compliance objectives, as well as their participation in meeting these goals. To do that, the compliance function can't be viewed as "The Land of No," but as a valued partner in the success and profitability of the business. So where do we begin?

If you want an ethics and compliance program that's more substantive than the paper it's printed on (and you do), take note: effective E&C programs don't materialize out of thin air; they require some intentionality. Compliance expert Renata Andrade offers up six characteristics of a solid ethics and compliance program. Does yours make the grade?

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...

A short film on Richard Bistrong's journey through the dark side of international business, “getting caught” and what that might mean for today’s compliance challenges.

Today Roetzel & Andress attorney Amanda Knapp brings us two vastly different examples of corruption investigations: one a cautionary tale, exposing the consequences of hiding corruption and impeding the investigation once it's found out and the other an encouraging tale, illuminating the benefits of forthrightness and cooperation with the DOJ when corruption is discovered.

Whatever your company's stance on to whom the Corporate Compliance Officer should report, what's not in question is that the CCO must be able to act from a place of authority. Strip the CCO of his power and influence, and your compliance program is bound to fail. Tom Fox walks us through five key indicators that a company is setting...

The merits of maintaining a culture of ethics and compliance are obvious -- and many. And yet some companies devote little attention to ethics and compliance, focusing in stead on financial performance (though the two concepts certainly aren't mutually exclusive). Here are our signs of a weak culture of ethics and compliance. A primer on what not to do, you...

Author Jim DeLoach explores four themes for implementing enterprise risk management (ERM), noting that executives often ask two questions about ERM: “Where do we start?” and “What do we do differently?” These two questions demand a pragmatic response, which DeLoach provides in this compilation of thought leadership articles.

Medical device firms have long loaned hospitals their equipment rent free with the understanding that the institutions will give them a certain amount of business in other areas. While this business model is pervasive in the health care industry and has generally gone unchallenged, it may in fact be a form of bribery. The risks with this arrangement are many,...

An effective compliance program is predicated on trust; without employees' trust in their compliance officer, the compliance function is unlikely to be regarded seriously. This is especially true in Latin America, where building strong relationships and engaging staff face to face is of utmost importance. No "tick box" compliance programs welcome here.

Financial services institutions have gotten themselves in hot water in the past for improper use of electronic communications. In the wake of two significant cases of manipulation, regulators have provided updated guidance on electronic communications. Joanna Belbey offers five key pieces of advice to aid regulated firms in maintaining compliance.