The SEC has recently brought cases against national audit firms for audit failures – the first since 2009. This development signals a shift among regulatory agencies to hold financial gatekeepers more accountable. Candela Solutions’ Ron Kral offers five tips to help firms achieve maximal value from the external audit process.
Today’s regulatory expectations have created increasingly intimidating compliance and operational risk management challenges on FINRA-registered broker-dealers. Bill Blythe provides clarity on the new FINRA regulation points, contests the old processes delaying the proper management of the situation and champions for a change in the mindset today’s organizations.
Both pieces of legislation aim to minimize wrongdoing – one to prevent corruption abroad, the other to minimize financial fraud. Both focus on robust internal controls as part of the solution. The FCPA lays the burden of managing internal controls on the organization as a whole, but under SOX, the duties clearly fall to the executive officers.
Your customer and employee base is more likely than not fairly diverse. Does your board of directors reflect this diversity? If your company’s board is like many others, it’s comprised by and large by middle-aged white men. Naturally, this doesn’t allow for very different perspectives – something investors highly value.
Corporate Compliance Insights' Founder and CEO, Maurice Gilbert, had the opportunity recently to chat with Chris Caldwell, President and CEO of LockPath, a company that's fast becoming a leader in the GRC and information security markets. Chris offers his perspective on the challenges compliance professionals face currently, as well as some of the greatest risks threatening today's businesses.
This is the final piece of TRACE International's series about bribery and corruption on the international stage. This compelling insider's account offers a host of lessons for compliance practitioners.
The transformation in the CCO's role has been so swift and broad that it may be time to take stock, to review prominent changes to the profession and what is expected of the modern compliance officer, plus how to succeed in the role.
Corporate Compliance Insights is a professionally designed and managed forum dedicated to online discussion and analysis of corporate compliance, risk assessment, ethics, audit, and corporate governance topics. Additionally, Corporate Compliance Insights is a focused knowledge-sharing forum designed to educate and encourage informed interaction within the corporate compliance community. Corporate Compliance Insights is founded by Maurice Gilbert, managing partner of the Conselium Executive Search Firm, a compliance-focused executive search firm.