Aly McDevitt and Kyle Brasseur assess changes in compliance and risk management functions at Deutsche Bank and Credit Suisse in light of recent scandals at each bank. Should risk and compliance be combined under one function? Yes No Quiz Makers For more Nailed It or Failed It, click here.
Compliance Week
Posted inRegulatory Policy
More scrutiny coming to data breach disclosures?
Aly McDevitt assesses controversial data breach disclosures from U.K. retailer FatFace and technology vendor Ubiquiti in light of a report Congress is considering stricter requirements for reporting data breaches. FatFace asked customers affected by its breach to keep it “strictly private and confidential,” while a whistleblower accused Ubiquiti of downplaying a “catastrophic” incident. For more Nailed It […]
Posted inEthics & Culture
Goldman Sachs junior banker scandal puts Wall Street ethics in spotlight
Kyle Brasseur reviews the Goldman Sachs junior banker scandal and whether complaints of employee crunch on Wall Street can lead to change in working conditions. Check out Compliance Week for a closer look at the compliance risks of special purpose acquisition companies (SPACs). For more Nailed It or Failed It, click here.
Posted inBoards & Shareholders
Lawsuit calls out Tesla general counsel carousel
Aly McDevitt praises several German companies for taking initiative ahead of an impending law mandating female representation on boards, while Kyle Brasseur reviews a shareholder lawsuit that criticizes Tesla’s instability at the general counsel position. For more Nailed It or Failed It, click here.
Posted inEthics & Culture
Meghan Markle, Burger King, and lessons in reputation management
Aly McDevitt examines Meghan Markle’s tell-all interview with Oprah through the scope of a whistleblower and highlights Burger King’s International Women’s Day Twitter fail as a lesson for companies in assessing social media reputation risks. For more Nailed It or Failed It, click here.
Posted inInternal Controls
Ask a CCO: Are you in favor of federal data privacy legislation?
It’s a clean sweep: All five CCOs we spoke with are in favor of U.S. federal data privacy legislation. Read on for the reasoning behind their answers.
Posted inInternal Controls
Ask a CCO: How has your company prioritized data privacy compliance?
Five senior compliance practitioners tell us how their companies have reacted to recent privacy legislation like the GDPR, CCPA, and other state regulations in the pipeline.
Posted inEurope
Google ad change a boon for privacy; red flags apparent in Greensill downfall
Aaron Nicodemus acknowledges Google’s decision to stop selling ads based on user browsing history as a good first step, while Kyle Brasseur laments apparent red flags ignored in the seemingly impending collapse of Greensill Capital. For more Nailed It or Failed It, click here.
Posted inInternal Controls
Ask a CCO: What’s your strategy for preventing and detecting data breaches?
Five senior compliance practitioners outline their strategies for protecting their firms from data breaches.
Posted inInternal Controls
Ask a CCO: How is your company reacting to cyber-risks introduced by COVID-19?
Five senior compliance practitioners tell Compliance Week how their organizations are reacting to new cyber-threats introduced by the pandemic.