Resource Library

Tom Fox dives into the details of Stericycle’s multinational bribery scheme in Latin America that landed the company millions of dollars in fines. The cultural corruption was so deeply embedded that Stericycle was essentially forced to shut down a large part of its Latin American business, according to government documents. In this whitepaper, Fox explores...

A growing global regulatory focus on consumer privacy and data protection, along with new sustainability measurement and reporting laws, reconfirm the vital role of the chief compliance officer, according to Accenture’s latest global compliance risk study. The seventh edition of Accenture’s annual compliance risk report (this year's title: “Can compliance keep up with warp speed...

Businesses have learned over the past couple of years that the only constant is change — and if they haven’t, they’re probably falling behind. A new study by Protiviti reveals the extent to which even mission-critical functions like internal audit are ripe for innovation and transformation. The consulting firm’s 16th annual report on the state...

As organizations around the world continue to accelerate adoption of technology to transform their business activities, a host of new risks and challenges emerge, not the least of which is significant reputational damage for companies that act in irresponsible ways when they deploy new tech or handle consumer data. A new survey by London-based law...

Migrating your compliance programs from legacy tools to modern platforms may seem like an impossible hill to climb. But as this H&R Block case study shows, focusing on quick wins can help you scale mountains. We've all heard the term "Too big to fail," but when it comes to adopting modern technology platforms, many large...

Companies that enter the public market have one thing in common: They must comply with the Sarbanes-Oxley Act of 2002 (SOX). But preparing for SOX compliance can be a challenging balance amid the competing priorities of a public offering. A SOX framework focused on people, process and technology may help keep SOX readiness on track....

The risks associated with climate change are not only environmental; they are economic. Historically, climate change was seldom seen on the regulatory agenda for financial services, but an analysis by RegTech provider CUBE shows that's all changing — and rapidly. CUBE's report, Climate Change Risk: The Race to Regulation, uses its proprietary inventory of standardized...

While the transition to the Biden administration has ushered in many changes, including new policies and initiatives at the U.S. Department of Justice, one thing that remains constant is the DOJ’s reliance on the False Claims Act as a key enforcement tool. Global law firm Hogan Lovells has released a new report, False Claims Act...

As the COVID-19 pandemic rolls into its second full year, it's reasonable to reflect on the massive changes the virus has wrought. But for professionals working in compliance, the reality is the past 24 months of change may only be the beginning thanks to the introduction of new laws, rules and regulations with which they...

Sustainability has become the watchword of our modern moment. Shareholders may withhold investment from firms that don't center responsible environmental practices. Consumers demand sustainable goods and services, and an increasing share of workers seeking employment with firms that aim to address inequities. Corporations large and small have promised to do their part, but are they?...

Automation is changing the face of business; don't leave your compliance and risk functions behind. No matter the size of the organization, GRC functions are notoriously complex, often being managed through a cascading series of spreadsheets and connected documents. Remove — or even simply change — one key element and the entire system could come...

FCPA enforcements fell in 2021 to their lowest in a decade, but many signs point to a rebound in FCPA and anti-corruption prosecutions in the coming year. Attorneys with the international law firm Paul, Weiss, Rifkind, Wharton & Garrison summarize findings regarding corporate enforcement in 2021, compare it to previous years and look ahead at...

In the decade that Corporate Compliance Insights has covered the corporate compliance and risk management profession, we've heard a common refrain: Compliance is a stressful, demanding career that routinely has compliance professionals at odds with their colleagues. But we wanted to understand more about what exactly makes compliance roles so stressful and to what extent...

While compliance is undoubtedly a complex proposition and one that's filled with the potential for serious missteps for businesses and organizations, global audit and accounting firm Mazars sees things a bit differently. In its latest report, "Unlocking trust: why global compliance is on the business agenda," Mazars explores the ways in which compliance leaders tend...

Board directors are vulnerable to a litany of business exposures, any of which could potentially derail the financial health, continued service and reputation of any company. Allianz Global Corporate & Specialty, a business insurance provider, is projecting the trends companies should guard against in 2022 when it comes to directors and officers (D&O) insurance, including:...

The sixth Thomson Reuters regulatory intelligence report is shining light on the role of fintech and regtech across the financial services industry and what trends firms should look out for as we head into a new year. The report, Fintech, Regtech and the Role of Compliance in 2022, includes insights from about 450 financial services...

A new sheriff is in town, at least when it comes to combatting corruption, according to an analysis by international law firm Hughes Hubbard & Reed. In the New York-based law firm’s annual alert devoted to the state of Foreign Corrupt Practices Act (FCPA) violations and anti-bribery investigations, its chief contributors expect enforcement to surge...

Board directors face multiple obstacles: new regulatory changes, issues related to globalization and digital acceleration, the rise of environmental, social and governance (ESG) factors being linked to company performance and more. They are also grappling with the expanding roles and responsibilities expected of them while seeking to apply the lessons learned from the past 18...

With business as usual upended across the globe, it's no wonder that both employers and workers are rethinking established norms and attempting to attempt to rapid changes. Against the backdrop of a continuing pandemic crisis, ADP Research Institute’s People at Work 2021: A Global Workforce View explores workers' attitudes toward business and their jobs —...

Clients are the lifeblood of any service provider, but winning clients (and even more importantly, retaining them) is an arduous task. This is particularly true in the banking industry where increased competition can make it especially challenging to land focused and consistent customer attention. Often, the first impression a firm makes is the one that...

A new survey of decision-makers across Europe has revealed that the need to rethink tools and processes is a key priority for audit and compliance leaders. Research by Sinequa, an enterprise search engine platform, reveals that 85 percent of compliance and audit workers in large organizations in Europe consider access to information to be difficult...

As external pressures scrutinizing executive pay practices continue to intensify, executive compensation weighs heavily on the minds of company leaders. Shareholder activists, investors and employees are demanding greater transparency. The BDO 600 Study examines CEO and CFO compensation plans and pay levels of 600 middle market public companies, reviews the key components of pay packages...

Intensifying scrutiny around board and executive pay practices, heightened focus on ESG issues, increased demand for talent and evolving accounting, regulatory and tax requirements create new and ongoing challenges. The BDO 600 Study examines board director compensation plans and pay levels of 600 middle market public companies, reviews the key components of pay packages and...

The International Bar Association (IBA) COVID-19 Legal Policy Task Force has released a report detailing the pandemic’s impact in key legal areas and making concrete actionable recommendations to improve pandemic management in the future. The task force examined the impact of the pandemic on international legal systems, recognized the successes and failings of those systems...

Explore industry-driven insights into the cost and operational impacts of today’s financial crime compliance climate, including: How compliance costs are distributed between labor and technology Where recent sanctions and regulatory expectations impact financial crime compliance strategies and staffing Why operating pressures tied to the pandemic are slowing account openings and revenue realization Which emerging threat...

Workplace technology provider Vault's first-ever "Trust Gap Report" has determined that despite a renewed awareness of and interest in preventing workplace misconduct, incidents like bullying and harassment remain common at offices in the U.S. and the U.K. Vault's survey of 2,000 office workers in the two countries found that about half of office workers in...

Cyber insurer Allianz Global Corporate & Specialty (AGCS) analyzes risk developments around ransomware in its report, Ransomware Trends: Risk and Resilience. The report explores statistics surrounding ransomware, concluding that many factors point to ransomware attacks being here to stay, including a rise of supply chain attacks and a criminal business model around "ransomware as a...

As PwC's 2021 Annual Corporate Directors Survey reveals, societal change is continuing to filter its way into the boardroom, though perhaps in fits and starts. For more than 10 years, PwC's Government Insights Center has gauged the views of public company directors from across the United States, and this year's survey included insights from 851...

On December 15, 2020, the European Commission published its proposals for the European Union Digital Services Act (EU DSA), which aims to create a safer online environment for EU citizens by legally requiring online service providers to swiftly remove illegal content from their platforms. As a provider of visual risk management and content moderation technology to...

On May 12, 2021, the U.K. government published its draft Online Safety Bill which will place a legal obligation on online platform operators and interactive website owners to swiftly remove illegal content. Under the draft bill, very large online platforms, such as social media sites, will also be required to moderate content which, while not...