Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.

  • The Problem of Small Bribes
    News bulletin

    Sweating the Small Stuff on Bribery and Facilitation Payments

    September 9, 2014

    Faced with a global crackdown on corruption, more companies are adopting zero-tolerance policies for bribery. They are working to eliminate even the smallest payments to officials, including grease payments to move goods across the border or through customs. Small payments, when repeated, can add up to large-scale bribery. “That’s where companies constantly get themselves in trouble,” says Joseph Spinelli, a managing director at Navigant Consulting.

  • News bulletin

    New FASB Standard Requires Disclosure of Going Concern Fears

    September 9, 2014

    A new standard from the Financial Accounting Standards Board will make it harder for companies on the brink of failure to put on a happy face to investors. It directs management to determine during every reporting period whether any conditions raise “substantial doubt” about the company’s ability to continue as a going concern in the coming year. Auditors, who have traditionally had the responsibility, are applauding the new rules. More inside.

  • News bulletin

    The Potential Hidden Benefits of Conflict Minerals Disclosure

    September 9, 2014

    Many companies have already found that the added scrutiny the SEC’s conflict minerals rule requires has helped them to better assess other supply-chain risks. The next step is pairing conflict minerals with other imperatives, including sanctions compliance. Even among those not intentionally leveraging conflict minerals programs for these purposes, “when they turn over stones they are often finding creepy crawlies,” says Bruce Calder, vice president of consulting services at Claigan Environmental.

  • News bulletin

    Shooting the Messenger: Is FedEx Liable for Contents of Packages?

    September 9, 2014

    The Department of Justice has indicted FedEx on accusations of illegally distributing drugs for crooked Internet pharmacies, and it has accused the shipping company of money laundering. The case raises the question about the responsibility of companies to investigate suspected illegal activity by their customers and could open a new front for the government in its crackdown on money laundering. Full details inside.

  • News bulletin

    Kicking the Tires on Third-Party Online Training Offerings

    September 9, 2014

    Fredeen-Ingrid-UpdatedA subpar compliance training program could uncoil several risks on a company: damaged corporate reputation, expensive investigations, and protracted litigation, not to mention the ire of regulatory agencies. With the proliferation of third-party training offerings, companies need to spend more time and effort ensuring that the training program they select isn’t a lemon. “You need to manage the content, make updates, and ensure it properly reflects the organization,” Ingrid Fredeen, vice president of advisory services at NAVEX Global, says.

  • News bulletin

    Deadline Nears for Health Providers on Data Agreements

    September 9, 2014

    A Sept. 23 deadline is fast approaching for healthcare companies to ensure that outside vendors they use are doing enough to protect sensitive patient data. By that date health providers must have completed “business associate agreements” with all third parties that spell out exactly how those vendors will work to protect data. The agreements come with new liability for third parties and new limitations on how those contractors can use patient data. More inside.

  • Bruce Carton

    A Look Back on Six Years of Enforcement at the SEC

    September 9, 2014

    The last six years have been a tumultuous time for the Securities and Exchange Commission. The agency suffered blistering criticism for failing to police the conduct that led to the financial crisis in 2008, particularly the Madoff Ponzi scheme. Since then, several regulators have worked to reform enforcement at the SEC and rebuild its reputation. Inside, columnist Bruce Carton looks back at the ups and downs at the SEC during this time.