Opinion

Some risks do come and go. But amid headlines involving cyberattacks, climate change and corruption, it can be easy to forget that geopolitical risk forms the single most significant threat to businesses in a range of sectors. Geopolitical risk is...

While they did identify examples of shocking activity, Buzzfeed's and ICIJ's FinCEN Files didn't necessarily expose widespread wrongdoing, as its authors claimed. Instead, the story revealed glaring inefficiencies in anti-money laundering efforts. In September 2020, BuzzFeed and the International Consortium...

The data general counsel analyze for risk and compliance is increasingly displaying potential for value creation elsewhere in business operations. Corporations need to recognize this opportunity when it comes their way.

The WOTC program incentivizes employers to hire veterans and other individuals who have traditionally faced obstacles to employment. When tapped correctly, it can drive down unemployment and nurture DEI. As of June, U.S. unemployment sits at roughly 9.5 million according...

Some make it seem like automating compliance functions is a question of do or die. But if anyone hopes to have a seat at the table, they need to understand the risks involved – along with the evolving set of...

With data analytics in compliance, you don't need to boil the ocean. A concentrated program can deliver most of the outcomes of a large automated system but is significantly more affordable. As organizations maintain more data than ever before, it...

Michael Volkov argues CCOs have to refuse leadership of ESG but dovetail their oversight with their roles in the overall governance framework. The “G” can be leveraged to build an even better corporate culture and improve governance operations. Forgive me...

COVID-19 eroded gender equality in many sectors, industries and regions. Leaders now have a responsibility to reverse this trend. It's going to require a combination of extrinsic and intrinsic pressure to make that happen. The past year has been marked...

CDD and KYC have been baked into AML compliance for two decades now, yet enforcement of money-laundering violations continues to accelerate. How is it that penalties from a highly regulated environment are not able to serve as a bulwark against...

An overstressed data-gathering process can generate information silos, and the process of proving data-backed valuations can be laborious. Greater data transparency is needed to ultimately facilitate, rather than impede, compliance efforts. While investment firms seem to be doing well handling...

A family trip to Israel to honor the memory of my father-in-law turned into a war story. News of people displaced from their homes, followed by protests and riots, police blockades, and then missiles fired towards Jerusalem came on the...

GDPR and CCPA have proven to be landmarks of consumer data protection. Virginia’s new privacy law moves the needle even further. While the CDPA may evolve before it goes into effect in 2023, there is reason to believe it will...