Tag: whistleblowing

Compliance Mistakes Can Cause Real Damage

Posted by Leila Szwarc - September 20, 2018

11 Common Pitfalls This is the third part in a series on truths about global compliance. This installment provides a rundown on some of the most common compliance failures. Read Part 1 and Part 2, and download the full version from TMF Group to learn more. Compliance is a mandatory aspect…

Whistleblower Laws: Current Issues

Posted by Maurice Gilbert - July 18, 2018

Q&A with Rick Schroeder of Jones Walker Rick Schroeder, leader of the Corporate Compliance & White Collar Defense Practice at Jones Walker in New Orleans, discusses whistleblower laws and protections with CCI’s Publisher, Maurice Gilbert. Maurice Gilbert: What is the most important challenge for compliance officers relating to whistleblower laws,…

One of the World’s Most Feared Enforcement Tools

Posted by Anne Eberhardt - July 5, 2018

The History of FCPA Enforcement, Part 2 In Part 1 of this two-part series on the history of the enforcement of the FCPA, Anne Eberhardt discussed some of the factors that led to its creation. In this second part, she describes how the FCPA evolved into one of the most…

Retaliation? Tell It to the SEC

Posted by Peter Rasmussen - April 3, 2018

Implications for Compliance Program from the Digital Realty Ruling The Supreme Court ruled recently on the Digital Realty v. Somers case, and the decision is significant from a compliance standpoint; potential informants are incentivized to report directly to the SEC rather than through internal channels. Peter Rasmussen of Bloomberg Law…

The Power of Whistleblowers in the Modern Age

Posted by Amy Conway-Hatcher - March 23, 2018

Lessons Learned from the Trenches The #MeToo and #TimesUpNow social media campaigns sparked a movement to expose intimidating behavior and sexual assault in the workplace. Because of the resulting paradigm shift, harassed employees are empowered to speak up about wrongdoings. Corporate investigators Amy Conway-Hatcher and Bridget Moore discuss the need…

7 Tips to Evaluate In-House Investigations

Posted by Sundar Narayanan - February 21, 2018

How Effective and Efficient is Your Process? In-house investigation teams are expected to be agile to be able to help organizations in addressing cases that come from whistleblowing channels and sustaining the ethical standards of the organization. By supporting your investigation teams with measures to assess effectiveness and efficiency you…

Good News for Whistleblowers

Posted by Alexis Ronickher - October 10, 2017

SEC Issues Statement on Cybersecurity High-profile data breaches seem to come fast and frequently these days. Last month, the Securities and Exchange Commission revealed it was the target of a cyberattack through which the criminals gained access to nonpublic information. With the announcement, the SEC declared its renewed focus on…

5 Strategies to Infuse Compliance Companywide

Posted by Brian Lansing - August 11, 2017

How the CEO Can Support Compliance Many executives view compliance as a “check the box” proposition. In this column, LeClairRyan attorneys Brian Lansing and Patrick Hurd argue that a focus on compliance should permeate the entire organization, in much the same way that Amazon obsesses about customer service. It all…

Fallout Continues for Wells Fargo

Posted by Matthew LaGarde - August 9, 2017

Evidence of Widespread Consumer Finance Violations Mounts On July 21, 2017, OSHA determined that Wells Fargo had unlawfully retaliated against a former branch manager who reported her colleagues for fraudulently opening customer accounts. The announcement marks the most recent in a series of negative repercussions following the bombshell CFPB announcement in September 2016…

AG Sessions Vows to Continue Enforcement of FCPA

Posted by Harini Srinivasan - July 20, 2017

Penalties for Noncompliance Remain Severe Attorney General Jeff Sessions has identified enforcing the Foreign Corrupt Practices Act as a high priority for the Trump administration in its ongoing efforts to combat corporate misconduct.  News of this, along with other statements by officials within the Department of Justice, came as a…

Africa: Fighting Corruption on Its Own Turf

Posted by Irumire David Okhumale - June 21, 2017

Bolstering Anti-Corruption Efforts in Africa While there have been enforcement actions against large multinational companies who have paid bribes while doing business in Africa, enforcement seems to be from foreign governments against these companies. There have been few cases where the host country prosecuted multinationals for paying bribes, given they…

Don’t Mess with the SEC Whistleblower Program, Part 2

Posted by Dan Hurson - April 11, 2017

We’re all in agreement that culpable whistleblowers should not be eligible for financial awards. But Dan Hurson argues that legislation already in place has guards against the potential of awarding guilty parties. And the vast majority of whistleblowers have kept their hands clean anyhow. The inclusion of a “co-conspirator” disqualifier…