Compliance

Recent legislation has had a significant impact on the trade of conflict minerals, including "blood diamonds," out of areas ravaged by war and run by warlords. The deadline for reporting supply chain partners, per Dodd-Frank, has come and gone, and companies have found it difficult to say with certainty whether their materials are truly conflict-free. A QMS can be hugely...

In the past month, we've heard plenty of allegations of corruption associated with the Brazil World Cup, but there's as much or more controversy surrounding the forthcoming events in Qatar. Tom Fox suggests that when there's a question of corruption, just follow the money. And in this case, it's flying in all sorts of questionable directions.

The Board of Directors has immense power when it comes to facilitating the success of the company's ethics and compliance program. From setting tone at the top and holding management accountable for their staff's - and their own - adherence to the program, the importance of the Board cannot be overestimated.

Independent pharmacies have their work cut out for them when it comes to remaining compliant with ever-changing industry regulations. The mom and pop shops known for their personal service are subject to the same standards as their big-box counterparts. Here’s a rundown of DEA red flags and preventive measures to avoid violations.

An in-depth look at antitrust activity and litigation over the past several years, with keen insight into what’s to come. Effective compliance programs are vital, without a doubt. But if your organization is faced with an antitrust violation, don’t expect leniency from the Federal Trade Commission and Department of Justice on those grounds.

When assessing how effective your compliance program is, step into the regulators’ shoes. What are they looking for? Current and former high-level staff at the DOJ and SEC have keen insight into the issue. Does spending line up with compliance priorities? What do the roles of your legal and compliance departments say about your commitment to compliance?

When there’s no witness to wrongdoing, it can be so much easier to justify. And there are rarely witnesses when bribes are being made. The situation gets particularly sticky when compensation is a factor; the internal discussion turns from “do I need to report this” to “what would reporting this cost me?”

A few months into its fifth year, the Affordable Care Act remains true to its original set of goals and does not appear to be losing its momentum in its quest to reform health care. Author Craig Garner provides expert analysis of the order's impact on the industry -- and some forecasts for what's to come.

Whistleblowers can and should be integral forces within our compliance programs, but often they’re dismissed, branded traitors and blacklisted instead. Those who set out to blow the whistle often know they’ll be up against some serious opposition. But what about accidental whistleblowers? They’re just as subject to reprisal.

In order to be aligned with FIFA’s requirements to host a World Cup, several temporary legal acts have been issued by the government. This is where (lack of) compliance lies. Compliance is basically a non-issue for Brazil as the country prepares for the World Cup later this year. That’s to say there’s evidently not much concern for meeting requirements...

The “In Focus: Compliance Trends Survey 2014” report was a joint effort between Deloitte and Compliance Week. Executives were surveyed across functions including ethics, compliance, risk management, and governance and across multiple industries, and the results are clear: findings underscore the growing scope and complexity of the modern corporate compliance function. And while focus on compliance is growing, it's not...

As popular as the myth of the rogue employee is among companies answering for noncompliance, the reality is that the problem very rarely lies with a lone wolf. Companies make their compliance bed, then they lie in it. Blaming a corporate scandal on a single actor is ignoring the larger problem...