Posted inFrom the Archive

Next Up to Reform Culture: Deutsche Bank

Image: Observers of the financial news might have seen that earlier this week Deutsche Bank reshuffled its senior managers. Observers of the compliance news might want to take note, too. The bank’s new co-CEO has a formidable task in front of him to reform Deutsche Bank’s problem-prone culture, but Compliance Week editor Matt Kelly has another question: Why do large organizations seem to have cultures that let problems fester? More inside.

Posted inFrom the Archive

How Audit Committees Really Think About Risk

Image: Enterprise risk management is a hot subject in boardrooms across America these days, with big consequence for corporate compliance and audit professionals. Still, do audit committees have a clear sense of how they want to approach risk and risk management? Compliance Week editor Matt Kelly decided to look at a bunch of audit committee charters to find out. Quick answer: no. The longer answer is inside.

Posted inFrom the Archive

Compliance Week 2016: First Sessions Announced

Image: We hold the Compliance Week annual conference every May, so our 2016 event might still seem a long way off to many. Around here, however, we’ve already been working on speakers and ideas for months. This week we want to give you a peek at what’s on drawing board so far; editor Matt Kelly lists our first six sessions inside. (And yes, we’re looking for speakers too.)

Posted inFrom the Archive

Remember the Cyber-Security Fundamentals

Image: Title: KellyCyber-security risk might seem overwhelming these days; compliance, audit, and risk professionals are all reeling from the speed and diversity of attacks. This week, editor Matt Kelly explores how to get closer to an effective cyber-security process by remembering the basics—such as behind every cyber-attack is someone committing a crime. And crime is something CCOs have seen before. More inside.

Posted inFrom the Archive

Washington Returns to the Battle for Work Culture

Image: Lawmakers return to Washington this week, and already President Obama has piqued them with an executive order for government contractors to offer employees paid sick leave. Expect more of the same—on sick leave, parental leave, wage hikes, union drives—because the political currents are with Obama right now, Editor Matt Kelly says. The corporate culture challenges CCOs will face because of it are many. More inside.

Posted inAnti-Bribery

More on Poverty, Bribery, and Compliance

Image: Earlier this week I wrote about poverty: how its brutal reality makes corporate compliance programs so difficult to implement, because people in emerging markets (foreign officials and employees alike) need to take bribes to survive. Then came a recent conversation with a foreign official in said emerging markets, and it demonstrates just how challenging the problem of bribery is. More inside.

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