Compliance

It's incumbent on compliance practitioners at multinational corporations to pay close attention to developments in export regulations, as well as sanctions against nations and persons the government deems as risky, whether to our national security or to foreign policy. It's vital that our compliance programs remain nimble enough to adapt to changing risks on the global scale.

Government spending has been under close scrutiny and, as a result, budgets have shrunk and contractors' jobs have become increasingly difficult. When contracting organizations are forced to do more with less, compliance is one of the first areas to suffer. With the right approach, however, success is still within reach.

Thank goodness for automation, without which banks and financial institutions would spend a fortune trying to remain in compliance. Michael Volkov writes today about the various ways the financial service providers can use technology to improve the accuracy and efficiency of their compliance programs, improving monitoring and due diligence capabilities along the way.

The late, great mystery writer Ruth Rendell was known for challenging human bias. As a result, her writing felt fresh while her contemporaries' novels were often formulaic and predictable. In the world of compliance, overcoming human bias when seeking solutions is even more important. Tom Fox explores how compliance practitioners can perfect their decision making.

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.

Transfer pricing — determining the price charged for goods and services exchanged between related entities — is one area in which companies often exhaust time and money while still ending up penalized.

If storage is cheap, why bother dealing with legacy data, right? Wrong. Ignore it at your peril.

Here's a list of 25 reasons that risk management failure happens, based on experience assisting boards, including boards that have failed and boards that cannot afford to fail.

This article looks at the key program characteristics of independence and authority, which have enormous capacity to contribute to the level of independence and authority of an E&C program.

Are your colleagues a bunch of criminals? Didn’t think so. So why does so much compliance training focus exclusively on wrongdoing? Why not focus on the small everyday behavious that keep us all safe? Doing that will start to build a positive compliance based culture.

In contrast to other US economic sanctions programs, which tighten and loosen periodically, the sanctions imposed on North Korea under the Obama administration have twisted only in one direction.

Social media gaffes know no corporate hierarchy. With more and more execs using and being encouraged to use Social Media, the instant and public ramification of a gaffe, blunder, or exploit the stakes keep rising. These can result in much more than embarrassment for the perpetrator and their company.