Have you ever wondered how different cultures and generations engage with a company's code of conduct? Do employees across the globe really follow ethical guidelines in the same way, or are there stark contrasts depending on...more
We continue to hear about the impact of apparent or real conflicts of interest — whether in government, in business, or in other organizations. It is an issue of significant importance. Within an organization, a perceived...more
You often hear chief compliance officers speak about benchmarking. CCOs often reveal their competitive streaks when they collect information about other companies’ compliance programs. It can easily come off as a little...more
How can companies ensure that their compliance programs are robust enough to handle today’s complex ethical challenges?
In this episode, Michael Volkov dives into the critical components of conducting an internal compliance...more
The Justice Department announced yet another version of its Evaluation of Corporate Compliance Programs. As everyone knows, the Justice Department’s guidance carries talismanic significance — it is an important document that...more
10/4/2024
/ Anti-Corruption ,
Artificial Intelligence ,
Compliance ,
Compliance Management Systems ,
Corporate Governance ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Enterprise Risks ,
Innovative Technology ,
Machine Learning ,
Risk Management ,
White Collar Crimes
Diligent conducted numerous board education sessions at which board members spoke about new and significant risks; these included increased stakeholder expectations and the burdensome review of education and documentation...more
The issue was a professional debate over the reporting relationship between the chief compliance officer (CCO) and the chief legal officer (CLO)/general counsel. After 20 years of debate, CCOs managed to sway the professional...more
Compliance lessons are life lessons. Compliance professionals are, by their nature, optimistic people. They see challenges as new opportunities to strive closer to an ideal. Compliance professionals live in the shadow of...more
NAVEX delivers quality studies and important insights on ethics and compliance topics. In its 2024 State of Risk & Compliance, NAVEX provides a comprehensive report on current trends and practices involving risk and...more
NAVEX delivers quality studies and important insights on ethics and compliance topics. In its 2024 State of Risk & Compliance, NAVEX provides a comprehensive report on current trends and practices involving risk and...more
7/19/2024
/ Acquisitions ,
Chief Compliance Officers ,
Compliance ,
Corporate Culture ,
Corporate Governance ,
Employee Training ,
Environmental Social & Governance (ESG) ,
Ethics ,
Mergers ,
Risk Management ,
Voluntary Disclosure
Bryn Sedlacek, Vice President, Product Manager at Aravo, joins us on the podcast to discuss third-party risk management with a focus on holistic risks and unified visibility. In a wide-ranging discussion, Mike Volkov and Bryn...more
Dottie Schindlinger is Executive Director of Diligent Institute, the global corporate governance research arm of Diligent - the largest SaaS software company in the Governance, Risk, Compliance (GRC), and ESG space. Diligent...more
Checklists can be handy — by simplifying and focusing on specific issues, a checklist can organize thinking and prioritize tasks.
Here are five (5) questions that are fairly simple but revealing as to whether a company’s...more
A new compliance cottage industry surrounds artificial intelligence. We are at such an early stage of AI development, and companies are still figuring out how they can employ the technology. However, some industries, such as...more
LRN’s research consistently paints a picture that every board member, senior executive and middle manager should view — corporate culture is an organization’s most valuable intangible asset and is a significant determinant...more
In its latest report, The 2024 Benchmark of Ethical Culture Report, LRN has focused on the critical issue of corporate culture. LRN is a pacesetter and the leader in reliable studies on complex ethics and compliance issues....more
We are at an important inflection point — AI technologies are rapidly developing; we are witnessing a historic metamorphosis in the technology, the impact on businesses and society and important steps being taken to regulate...more
The new compliance cottage industry surrounds artificial intelligence. We are at such an early stage of AI development — companies are still figuring out how they can employ the technology. Some industries, such as...more
It may seem like a Herculean task — but it can be done. I regularly opine that mitigating sanctions risks for your third-party population is an easier task than doing so for your anti-corruption risks. One big reason —...more
While OFAC’s enforcement actions and guidance points to important steps exporters must take when relying on third-party distributors and other intermediaries, the “reason to know” and affirmative obligations to monitor resale...more
5/23/2024
/ Anti-Corruption ,
Compliance ,
Economic Sanctions ,
Enforcement Actions ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Risk Management ,
Sanction Violations ,
Suppliers ,
Supply Chain ,
Third-Party Risk ,
Trade Agreements
Sorry to start a four-part series with a reference to music from our long-ago past. The Four Tops sang the “Same Old Song, with a Different Meaning” (released in 1965). So, how does that relate to third-party risks? Well,...more
5/21/2024
/ Bribery ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Policy ,
Foreign Relations ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
Third-Party Risk ,
White Collar Crimes
No one was surprised when compliance and risk publications cited cybersecurity as the number one risk that corporations face today. While this is a relatively simplistic and head-line grabbing statement, the truth remains...more
In the absence of federal cybersecurity and data privacy laws, companies have to look to other sources of guidance, including industry standards, and state laws. The National Institute of Standards and Technology (“NIST”)...more
After months and months of deliberations and negotiations, the SEC finally issued its final rules for climate disclosures. The Enhancement and Standardization of Climate-Related Disclosures for Investor (“the final rule”)....more
The past two years brought heightened scrutiny to supply chain risks and human rights violations, and time is running out to ensure your organization is compliant with the recent regulation updates and policy...more
2/19/2024
/ Business Operations ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Human Rights ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
Supply Chain ,
Sustainability ,
Transparency ,
Webinars