Compliance

T.S. Eliot famously said "Only those who will risk going too far can possibly find out how far it is possible to go." This could not ring more true in business, with risk often propelling professionals and businesses to new heights. But, risk is often out of our comfort zone and many are reluctant to take those barrier-shattering leaps of...

DOJ has demonstrated that companies can plead guilty to criminal offenses and survive. In addition, DOJ can impose the same requirements on a company in a guilty plea as a DPA. If companies choose to go to trial and lose, the Court then can fashion an appropriate sentence based on recommendations from the Justice Department.

So, how do top leaders do it? Studying the top business leaders in various fields allows us to pinpoint the key qualities they share which enables them to achieve success in their business and abundance in their lives. Here are the top qualities of business leaders that you can learn from to improve your leadership skills.

Following significant security breaches, the public calls for greater security, but it comes at the expense of privacy. When that privacy is violated, the pendulum swings the other way, away from absolute security in favor of greater privacy. The concepts seemingly cannot coexist, though we need both. So where does that leave us? Attorneys from Bracewell & Giuliani explore the...

Health care providers, no matter how strong they believe their ethics and compliance programs to be, all ought to focus on taking their programs to the next level. Michael Volkov suggests one key way to do this is to strengthen the Board's commitment -- not merely in theory, but in practice. Opportunities for fraud abound in the health care industry,...

You're ready to take your compliance training to international audiences, but where do you begin? It'll take more than simply translating the English-language program into other languages, though admittedly, that's not a bad place to start. You'll also need to tailor the program to the region, pose unique scenarios and determine the best delivery method for that area, among other...

No matter how much anti-bribery/anti-corruption training your company provides, no matter how diligent your efforts to prevent compliance violations, it's possible that you'll have a "5 percenter" in your ranks -- someone who will lie, cheat and steal anyway. In order to steer clear of serious compliance infractions, you may need to reassess your screening and hiring processes.

The threat of being caught red-handed is persuasion enough for some to steer clear of schemes involving bribery and corruption. Others remain convinced either that they won't be found out or that bribery is a victimless crime. It can be easy to rationalize this conduct in the moment, but it's much harder to live with the consequences if your actions...

The Organization for Economic Cooperation and Development (OECD) recently released its first Foreign Bribery Report, and the findings therein can be extremely useful in informing CCOs' strategy in managing corporate risk. The report provides an in-depth analysis of more than 400 cases involving bribery of foreign officials over the past 15 years, and the trends may surprise you.

There are a number of factors contributing to the success -- or failure -- of an anti-money laundering compliance program. Arguably one of the best predictors of an AML compliance program's effectiveness, however, is its support and oversight by senior management and the Board of Directors. Read on for details on some of the other key indicators.

Tax inversion -- relocating headquarters to a nation with a more favorable tax structure -- most often seems a financially prudent move. However, this business decision can generate backlash from politicians and the media who deem the relocation "unpatriotic." Fallout reaches shareholders and the general public quickly, so it's crucial to handle M&A deals involving tax inversion carefully.

As with a viral or bacterial outbreak, the best response to bribery-related offenses might be isolation -- but that can prove quite challenging. Richard Bistrong and John Bray warn against a limited reaction, however. If companies are serious about combating bribery and corruption, they've got to nip them in the bud with sweeping action. And we've got a long way...