Transparency International has just published a study of anti-corruption programs in defense contracting—so all you compliance executives eager for more examples of successful programs at real businesses, break out the reading glasses. The report, “Raising the Bar: Good anti-corruption programs in defense companies,” is a detailed look at the compliance programs of 129 defense contractors […]
Matt Kelly
Call for Speakers: Compliance Week West, Europe Events
Well, the Compliance Week 2013 conference may have come to a close last month, but the challenges piling onto compliance executives take no holiday—and neither do we here at Compliance Week, now hard at work preparing for our two major events of the fall. As always, we want to get compliance executives involved. First is […]
The Latest on Third-Party Frustration
I’ve long understood that third-party risks are a headache for compliance officers, but wow, did I see a whole new level of frustration about the subject last week at Compliance Week 2013. The conference started with an executive roundtable the day before, co-hosted by NAVEX Global. I was joined by Mike Vermillion, Navex’s guru on […]
Musing on Possible Compliance Changes at Procter & Gamble
Consumer products giant Procter & Gamble ousted Chief Executive Officer Robert McDonald yesterday and announced that his predecessor Arthur Lafley will come out of retirement to take his old job back—and immediately I started to wonder what that will mean for P&G’s ethics and compliance function. P&G is the largest company that I know of—$84 […]
Pre-Gaming the Compliance Week 2013 Conference
The Compliance Week 2013 conference happens this week in Washington, where more than 500 executives, regulators, auditors, vendors, and other hangers-on in the corporate compliance community will gather to talk shop. Expect various updates from us throughout the week about what’s being said here. Meanwhile, as always—here is my preliminary rundown of what are likely […]
How Not to Recover From Employee Fraud: Jack, Part II
Several weeks ago I wrote about Jack the fraudster, the executive I know who embezzled nearly $200,000 from his company until he landed in jail last month after a drunken night at the company sales conference. Now that Jack has departed the business, I decided to call back over to Frank, one of my spies […]
The Perils of Candor and Culture at Glencore Xstrata
For all of Compliance Week’s coverage of corporate governance and how to articulate a company’s values clearly, the truth is we seldom discuss what those values and culture should be. To a certain extent that’s none of our business. So long as you, your CEO, and your board have decided what your culture should be—steady […]
Lessons in Leadership at Compliance Week 2013
One of the great questions that haunts ethics and compliance officers is whether, when the time comes, they will be able to exercise ethical leadership under great pressure. I hear compliance executives explore that question—that fear, really—whenever their guards are down. At one Compliance Week executive forum last year, a general counsel quipped, “How many […]
Psychology of the Fraudster, as Told From the Front Lines
The following is a true story, with minor details changed to protect the innocent and the foolish. Jack was a top sales executive in the fastest-growing division of the company. As such, when the company had its annual sales conference in Las Vegas last month, Jack and his whole team were invited out and held […]


