Whitepapers

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...

We live in a world of rules, and “compliance” is the process of conforming to them. Some rules cover laws and regulations, while others are concerned with rules written into contracts with other parties. Rules can apply to external standards or may be associated with internal policies like codes of conduct and service level agreements....

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...

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...

If you end up sitting across from the Department of Justice, defending the decisions you made about training, what are they going to ask you? What will they be looking for?

A majority of companies are beginning to feel the long-term impacts of COVID, many of which are here to stay. This week, AuditBoard, the innovative cloud-based platform transforming how enterprises manage risk, released the results of a survey of Chief Audit Executives (CAEs) that reveals how COVID is impacting operations and the profession at large....

Foster Wheeler has recently settled a long-standing corruption investigation regarding the use of Unaoil to pay bribes to secure business. Tom Fox details the corruption allegations and outlines takeaways for the compliance practitioner, specifically around the FCPA penalties the company incurred, the internal controls (or, rather, the lack thereof) that allowed the corruption to fester...

Good ethics is good business. Yonason Goldson, Director of Ethical Imperatives, LLC and self-proclaimed ethics ninja, works with leaders to create a culture of ethics that builds trust, sparks initiative and drives productivity. This whitepaper outlining the seven principles of ethical leadership is adapted from his book, "Grappling with the Gray: An Ethical Handbook for...

TrustArc, the leader in data privacy management and automation has released its 2021 TrustArc Global Privacy Benchmarks Report. Now in its second year, the report highlights how companies’ priorities and strategic approaches to data privacy and security are evolving and what their top challenges in privacy management and compliance readiness are. Key findings from the...

With the global pandemic and a record-breaking year for women in public leadership positions in the U.S., what is the state of global gender representation? Global management consultant Kearney addresses this in their latest gender equity report, The Gender Equality Dilemma, compiled from research examining gender representation across public and private sectors. This year’s study is the fourth annual report and has...

Thomson Reuters has released its 2021 Report on the Cost of Compliance, finding that radical change may well emerge from post-pandemic reviews of and by financial regulators. With some financial services firms changing strategic direction, the report highlights a need to support wider cultural, operational and staffing requirements through future investment and resources. While the...

Corporate boards of directors face a more acute set of challenges in setting their compensation than they have in recent years. Until recently, a primary focus was the risk of shareholder litigation challenging allegedly excessive director compensation. That concern has receded as many companies have taken steps to mitigate the risk of lawsuits. But now...

Deloitte and the Society for Corporate Governance have published the newest Board Practices Quarterly, with this issue exploring how corporate boards oversee cybersecurity and cyber risk — including matters relating to board composition and structure, management’s reporting to the board, board information sources and shareholder engagement — as well as voluntary corporate disclosure practices. Key findings include: Cyber...

Global consulting firm Protiviti has released its 2021 Next-Generation Internal Audit Survey, finding that most chief audit executives (CAEs) and senior internal audit leaders and their teams are still in the early stages of, or have yet to embark on, their next-gen internal audit journeys. The benchmarking survey polled 874 executives in Q1 2021, including CAEs and audit...

Financial institutions and their directors have to navigate a rapidly changing world marked by new and emerging risks driven by cyber exposures based on the sector’s reliance on technology, a growing burden of compliance, and the turbulence of COVID-19, according to a new report, "Financial Services Risk Trends: An Insurer’s Perspective," from Allianz Global Corporate &...

As companies face a rapidly evolving cyber-threat landscape and proliferating regulations, boards require stronger strategies to address risks. PwC has published its Principles for Board Governance of Cyber Risk in collaboration with The World Economic Forum, National Association of Corporate Directors and Internet Security Alliance to provide leading guidance and best practices for board directors...

  Everyone has a key role to play in ensuring that the organization stays true to its mission, but compliance officers have a unique responsibility. This resource walks you through the key focus areas in that process: how to adopt a risk-based and federated approach, how to track regulatory engagements while keeping policies in sync with evolving...

This free 30-page eBook explores graph analytics as an AML tool to uncover money laundering networks and improve financial crime compliance. Despite efforts spent on AML, recent reports from the leaked FinCEN Files shed light on the weaknesses in the global anti-money laundering system that are allowing criminal activity to remain undetected. The AML system...

We're facing a "Channel Explosion" these days, which means we're challenged to monitor more data streams than ever -- and we must do it in the new era of the hybrid workforce.  Technology can play a critical role here. Here's how an AI-driven solution can enhance financial services compliance while improving company culture. The hybrid...

Based on research from Thomson Reuters, this report indicates there's a perception that the overall value of maintaining a compliant workforce has diminished, and that training has largely been reduced to a "check the box" activity. The research suggests that more robust compliance frameworks are needed -- particularly given the "new normal" of the COVID...

This year, as in the previous five years, Russell Reynolds Associates interviewed over 40 global institutional and activist investors, pension fund managers, proxy advisors and other corporate governance professionals to identify the corporate governance trends that will impact boards and directors in 2021. This year's trends include: Climate Change Risk Diversity, Equity & Inclusion (DEI)...

Corporate whistleblower tips are skyrocketing. In FY 2020, the SEC received over 6,900 whistleblower tips – the most ever for any year. More than 80% of those tips came from company employees who had previously raised red flags, which typically should have triggered evaluations to determine what sort of internal probe might be necessary. This...

As we enter 2021 with considerable uncertainty, a new report from Hogan Lovells highlights expectations for a year that will be shaped by ongoing political disruption and pandemic-related pressure. Despite these unpredictable times, Hogan Lovells attorneys have identified several unifying trends across key industries and jurisdictions globally, including: An expectation for continued cross-border enforcement activity...