Ten years have passed since the collapse of Enron and Worldcom. Since then, sweeping regulations such as the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Wall Street Reform and Consumer Protection Act have been introduced. Existing laws such as the United States Foreign Corrupt Practice Act have been subject to increased enforcement. Meanwhile, executive compensation has come under greater scrutiny and rules governing whistleblowers have been expanded, resulting in enhanced protections and incentives for those who report wrongdoing. New laws such as the UK Bribery Act have been enacted, giving added weight to global anti-corruption efforts. In light of these trends, this white paper discusses key compliance issues for companies and their executives in 2012. It details some of the areas that may draw the attention of regulators and ways in which compliance professionals and general counsel may be prepared to handle increased enforcement of regulations. These include conducting risk assessments to identify areas of concern, evaluating existing compliance programs, and in some cases, taking proactive steps in order to reduce risk.