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Risk Management Compliance Monitoring Corporate Governance

Thomas Fox - Compliance Evangelist

The Bre-X Mining Scandal: Part 6-A Guide for the 2024 Compliance Professional (Part 2)

Today we conclude a multipart blog post series exploring one of the biggest corporate scandals of the 1990s, the Bre-X mining scandal. In our most recent blog post we explored the foundational lessons from the Bre-X scandal...more

Thomas Fox - Compliance Evangelist

Bank of America’s Corporate Culture Crisis: Part 1 – A Case Study in Failure

Compliance professionals constantly seek to understand how systemic issues within corporate hierarchies can lead to severe consequences. The recent revelations about Bank of America’s (BoA) persistent workplace culture...more

Thomas Fox - Compliance Evangelist

Internal Control Lessons from Star Trek: The Doomsday Machine

Last month, I wrote a blog post on the tone at the top, exemplified in the Star Trek, the Original Series episode, Devil in the Dark. Based on the response, some passionate Star Trek fans are out there. I decided to write a...more

Society of Corporate Compliance and Ethics...

[Virtual Event] Compliance Auditing & Monitoring Conference - September 17th, 8:00 am - 5:00 pm CT

For a compliance program to be successful, it's essential to monitor performance on an ongoing basis, and periodically stop and audit your efforts. Join us on September 17, 2024 for the Compliance Auditing and Monitoring...more

Society of Corporate Compliance and Ethics...

Making an impact, compliance-style

Have you ever wondered how to articulate to your family, coworkers, executives, and board members that your everyday actions at work as a compliance professional impact your organization or how to explain that your team...more

J.S. Held

INDEPTH FEATURE: Corporate Fraud & Corruption 2024

J.S. Held on

To what extent are boards and senior executives in your country of focus taking proactive steps to reduce incidences of fraud and corruption from surfacing within their company? Over the past several years, there has been...more

Society of Corporate Compliance and Ethics...

The value of the close call

Much has been written about the importance of identifying lessons learned and taking remedial action in the aftermath of an investigation into compliance failures. But an equally valuable exercise can result from exploring...more

NAVEX

Top Lessons Learned from “Your Year as a Wildly Effective Compliance Officer"

NAVEX on

Does your job ever feel like trying to boil the ocean? For those in the risk and compliance profession, that answer is almost assuredly “yes, of course”. Likely adding to the complexity of your job is the intense pressure to...more

StoneTurn

A Primer in Root Cause Analysis: A Critical Step in the Remediation of Compliance Violations

StoneTurn on

Just as risk assessment is the bedrock for an effective compliance program, root cause analysis (“RCA”) similarly underpins successful remediation of compliance violations. The DOJ’s March 2023 Evaluation of Corporate...more

Society of Corporate Compliance and Ethics...

[Event] Basic Compliance & Ethics Academy - April 8th - 11th, Newport Beach, CA

One of SCCE’s most sought-after educational opportunities, this in-person, hands-on learning experience is designed to encourage small-group interaction and networking while teaching you how to effectively manage a compliance...more

Ankura

Economic Crime and Corporate Transparency Act 2023: Key Considerations for Addressing Failure to Prevent Fraud

Ankura on

The Economic Crime Bill received Royal Assent on 26 October 2023. Included in the Act is the failure to prevent fraud offence, under which large companies will be liable when a specified fraud offence is committed by an...more

Thomas Fox - Compliance Evangelist

It’s The Great Pumpkin Charlie Brown – Lessons in Process Validation Through Continuous Monitoring (UPDATED)

Halloween is almost upon us and we celebrate the greatest Halloween cartoon in the history of the world, ever, “It’s the Great Pumpkin, Charlie Brown”, which premiered in 1966. As usual, the story revolves around the Peanuts...more

Society of Corporate Compliance and Ethics...

Three low-cost ways to test if your compliance program is REALLY working

It’s easy to get stuck doing busywork. This morning, I caught myself trying to change a bank card on a subscription I won’t renew. Why? Because I’d received an email with legal language warning about the card’s expiry. I was...more

Society of Corporate Compliance and Ethics...

Don't be alarmed

Two stories in the news recently caught my eye. In the first, a janitor allegedly shut off the power to a freezer after hearing “annoying alarms.” He ended up ruining decades of research. In the other story, an American...more

Society of Corporate Compliance and Ethics...

Two issues for each call?

Hotlines are an incredibly valuable tool for identifying compliance issues and many other problems. Every organization should have a system for people to report—either anonymously or with reporter identification....more

Society of Corporate Compliance and Ethics...

Global or Local: The Constant Dilemma in Compliance

So, you’ve got a global compliance program. But, what do you do when a local team says, “That doesn’t really work here” or “We think it would be better if it were changed to something else for us”? Kristy Grant-Hart, CEO of...more

Society of Corporate Compliance and Ethics...

[Virtual Event] Compliance Auditing & Monitoring Conference - September 6th, 9:00 am - 5:00 pm CT

Is your organization’s compliance program set up for long-term success? For a compliance program to be successful, it's essential to monitor performance on an ongoing basis, and periodically stop and audit your efforts....more

Sheppard Mullin Richter & Hampton LLP

Organizational Integrity Shorts: Understanding the Various Layers of a Targeted Compliance Program

Welcome back to the 9th edition of OIG Shorts, a publication of the Sheppard Mullin Organization Integrity Group (OIG). This post discusses the importance of a targeted, multi-layered compliance program focused at individual...more

NAVEX

Why a ‘Policy on Policies’ Is So Important

NAVEX on

Don’t faint from surprise at this news, but corporate compliance is a world with lots of lingo that can be difficult to understand. Case in point: a “policy about policies” – something that sounds obscure, but actually is one...more

NAVEX

The SEC Wants You to Do Better at Disclosing Cybersecurity Breaches

NAVEX on

Compliance and technology executives, we need to talk. Or, more accurately, you need to talk more often – to each other. In the last 18 months, the Securities and Exchange Commission sanctioned three companies for making...more

NAVEX

How to Get the Most Out of Your Confidential Hotline

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Takeaways - The Department of Justice has increased its focus on whether you have an “efficient and trusted mechanism by which employees can anonymously or confidentially report allegations….” Having a hotline that...more

American Conference Institute (ACI)

[Event] Summit on Anti-Corruption & Compliance Programs - March 22nd - 23rd, Mexico City, Mexico

Hosted by American Conference Institute, the Mexico Summit on Anti-Corruption & Compliance Programs returns for another exciting year with curated programming that shines a global spotlight on anti-corruption compliance...more

Society of Corporate Compliance and Ethics...

CEP Magazine - February 2023. Compliance hotline cases: A risk-based approach

Compliance professionals regularly face various work-related challenges, yet the one shared most by everyone is timely access to accurate information. Such timely access is the key to compliance effectiveness mitigating the...more

Society of Corporate Compliance and Ethics...

CEP Magazine - January 2023. Making compliance and internal audit a winning doubles team

In many organizations, the second and third lines of defense struggle to work as a team—either unintentionally or under the false notion that independence standards require complete separation. In these situations, compliance...more

The Volkov Law Group

Corporate Culture = Talk + Action

The Volkov Law Group on

Corporate culture is all the rage now, meaning it is an often used topic to signal commitment, sensitivity to issues of employee concern, and an awareness of governance trends.  In practice, as we all know, culture is not...more

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