SEC enforcement actions have been on the rise for some time, a pattern that's only likely to continue given recent developments. The agency is more willing than ever to take cases to court, and last year saw the single largest whistleblower award to date. Bradley Bondi, SEC compliance and enforcement expert, outlines the agency's focus for 2015.
The number of whistleblower reports to the SEC out of China has increased more than five fold in the past three years. And with recent enactments in India and China of Dodd-Frank-like whistleblower protection laws, that figure will surely continue to grow. For companies doing business in Asia, don't delay another minute in responding to complaints internally. ...
Last year was the 500th anniversary of the publication of one of the most significant books on political theory ever written, The Prince, by Niccolò Machiavelli. Just how evil do many people view the treatise as? Consider that this book alone is responsible for bringing the word “Machiavellian” ...
Many companies have an investigation protocol in place when a potential Foreign Corruption Practices Act (FCPA) or other legal issue arises. However, many Boards do not have the same rigor when it comes to an investigation, which should be conducted or led by the Board itself.
Whether based on a whistleblower complaint or because you are subject to an inquiry from a governmental agency, a company faced with potential employee misconduct must perform an internal investigation.
When James Cole, U.S. Deputy Attorney General, gave his keynote address at ACI’s 30th International Conference on the FCPA, he dedicated an inordinate amount of time to the issue of self disclosures of FCPA violations.
You work in compliance. Now you are on the horns of a dilemma. Are you going to become a whistleblower or not?
Reporting wrongdoing at work will never be easy. So why do whistleblowers go ahead?
Without internal reporting channels, employees may opt to seek a whistleblower reward by pursuing an action directly with government agencies...
We know that a co-worker has taken sensitive information. Do we report this or not? Most people might want to report it but either don’t know who to speak with or have a hard time identifying whether or not this is truly something that needs to be reported.