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Senior Managers Compliance

A&O Shearman

UK SMCR overhaul: understanding the FCA, PRA and HM Treasury's proposals for reform

A&O Shearman on

Since its inception in 2016, the Senior Managers and Certification Regime (SMCR) has served as a cornerstone of the UK’s financial services regulatory landscape, designed to enhance individual accountability and raise...more

Mayer Brown

FAQs on Proposed Reforms to the UK Senior Managers and Certification Regime

Mayer Brown on

The Senior Managers & Certification Regime ("SM&CR") has been a cornerstone of the UK’s individual accountability regulatory framework for banks, insurers and other regulated firms since its introduction in the wake of the...more

Ropes & Gray LLP

FCA, PRA and HM Treasury Consult on SMCR Reform

Ropes & Gray LLP on

On 15 July 2025, HM Treasury, the Financial Conduct Authority (FCA), and the Prudential Regulation Authority (PRA) published consultation papers proposing possibly significant reforms to the Senior Managers and Certification...more

DLA Piper

Corporate Criminal Responsibility Set for Reform in the UK: The Crime and Policing Bill

DLA Piper on

Corporate criminal responsibility in the UK is poised for further reform as the Crime and Policing Bill 2025 (CPB) advances through Parliament. Currently through the House of Commons, and now in the House of Lords, the...more

Thomas Fox - Compliance Evangelist

2024 ECCP on Accessing Data

In the recently released 2024 Update to the Evaluation of Corporate Compliance Programs (2024 ECCP), the Department of Justice (DOJ) has brought new challenges and opportunities for compliance professionals. One of the most...more

Thomas Fox - Compliance Evangelist

Tone at the Top Week: Part 1 - The Mandate

The 2022 Monaco Memo emphasized the basic point that the key to every company is culture. The bottom line is that corporate culture matters and corporate culture that fails to hold individuals accountable, or fails to invest...more

Thomas Fox - Compliance Evangelist

Bank of America’s Corporate Culture Crisis: Part 5- A Case Study for Compliance

Compliance professionals constantly seek to understand how systemic issues within corporate hierarchies can lead to severe consequences. The recent revelations about Bank of America’s (BoA) persistent workplace culture...more

Thomas Fox - Compliance Evangelist

Bank of America’s Corporate Culture Crisis: Part 3-The Role of Internal Controls

Compliance professionals constantly seek to understand how systemic issues within corporate hierarchies can lead to severe consequences. The recent revelations about Bank of America’s (BoA) persistent workplace culture...more

K&L Gates LLP

Why Corporates Are Now More Likely to Face Criminal Prosecution for the Actions of Their Employees

K&L Gates LLP on

Significant Expansion to Corporate Criminal Liability Becomes Law in the United Kingdom - On 26 October 2023, the Economic Crime and Corporate Transparency Act (the Act) became law. Under the Act, corporations will become...more

The Volkov Law Group

Simplicity – the Key to Compliance Persuasion

The Volkov Law Group on

We all know the adage – Keep it Simple Stupid (“KISS”).   The principle applies to all organizations and underscores an important communications requirement.  The governance landscape has become more complex over the...more

NAVEX

State of R&C Report Key Finding — Mid-Level Management Shows Inconsistent Commitment to Compliance

NAVEX on

Ethics and compliance are two sides of the same coin. Compliance is following the law, while ethics is doing what is right regardless of what the law says. Compliance is typically thought of as something required by the...more

The Volkov Law Group

LRN 2023 Compliance Program Report Underscores Importance of Compliance Program Vigilance

The Volkov Law Group on

LRN continues to provide important insights and trends on the importance of ethics and compliance programs.  LRN’s annual report is an important resource and needs to be reviewed by the board, senior management and all...more

WilmerHale

Online Safety Bill - Update on Senior Manager Liability

WilmerHale on

The Online Safety Bill (the “OSB”) is back on the UK Government’s legislative agenda, this time with an important update relating to criminal liability of senior managers. Following some political wrangling, back-bench MPs...more

Thomas Fox - Compliance Evangelist

Managing a Multi-Entity GRC Architecture with 6clicks Hub and Spoke

I recently visited with Joe Schorr about the managing a multi-entity GRC architecture with 6clicks hub and spoke for a sponsored podcast series. You can check out Joe’s podcast here. Joe is the VP and Global Head of Strategic...more

American Conference Institute (ACI)

[Webinar] FCPA Data Analytics, The Board and Senior Management - May 18th, 1:00 pm - 2:00 pm EDT

5 Things to Know for Securing Buy-In and Budgets for Data-Driven Compliance, Monitoring and Investigations... During this one-hour webinar, you will gain practical takeaways on: - What to anticipate: Recent examples of...more

Thomas Fox - Compliance Evangelist

Darth Vader Week: Part 3 – How to Brief Senior Leadership

As most of you all know, I can get carried away with one blog post and turn one post into a five-part series. Especially when it has to do with Star Wars. To honor the passing of David Prowse, I decided to dedicate this...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: September 2020

Latham & Watkins LLP on

Regulators consult on anti-money laundering guidelines and issue guidance on cybersecurity, best execution, and senior management accountability. This blog post summarizes key regulatory developments in Hong Kong and...more

Thomas Fox - Compliance Evangelist

The Herbalife FCPA Enforcement Action: Part 3 – Penalty Calculation and No Monitor

Herbalife Nutrition Ltd (Herbalife) recently concluded a long running Foreign Corrupt Practices Act (FCPA) enforcement action with both the Department of Justice (DOJ) and Securities and Exchange Commission (SEC). Herbalife...more

The Volkov Law Group

Ten Essential Steps to Take Now to Advance Corporate Board Governance (IV of IV)

The Volkov Law Group on

Corporate board members face increasing risks.  Federal prosecutors are watching their behavior when corporate malfeasance occurs.  Regulators focus on the important issue of board governance.  Shareholders are ready to file...more

Thomas Fox - Compliance Evangelist

From the Code of Conduct to Risk Assessment to Continuous Improvement

How does your Code of Conduct inform your risk assessment and how in turn does a risk assessment inform your Code of Conduct training? I recently visited with Charlie Voelker, Director, Compliance Products at Skillsoft and...more

Thomas Fox - Compliance Evangelist

Farewell to Pete Hamill: Consistency and Culture in Compliance

Pete Hamill died Wednesday. According to his New York Times (NYT) obituary, he was the “streetwise son of Brooklyn who turned a gift for storytelling, a fascination with characters and a romance with tabloid newspapers into a...more

Thomas Fox - Compliance Evangelist

OIG guidance for Boards regarding compliance

The Office of Inspector General (OIG) white paper, “Practical Guidance for Health Care Governing Boards on Compliance Oversight” (OIG Guidance), provides an excellent road map for thinking about how to structure a Compliance...more

The Volkov Law Group

Novartis and Alcon FCPA Enforcement Action: Lessons Learned (Part III of III)

The Volkov Law Group on

At the outset, Novartis is “lucky” – the settlement is relatively positive, despite its 2016 SEC enforcement action in China.  Given Novartis weak culture of compliance (if anything, a better description may be a culture of...more

Cohen Seglias Pallas Greenhall & Furman PC

What Do We Do Now?! How to Handle an OSHA Inspection

An inspection from the Occupational Safety and Health Administration (OSHA) can affect a construction site in many ways—from workflow disruptions to compliance issues. In this webinar, Michael Metz-Topodas reviews the...more

Mitratech Holdings, Inc

5 Essential Elements of Corporate Compliance

Most experts agree that whichever regulatory jurisdiction an organisation is subject to, there are five common fundamentals involved in providing effective corporate compliance....more

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