Tyco International agreed Monday to pay nearly $27 million in fines and penalties for violations of the Foreign Corrupt Practices Act, a next-generation black eye for the descendant of a company that had been synonymous with corporate misconduct in the 2000s. The charges stem from bribes paid by numerous Tyco subsidiaries of the Swiss-based giant […]
Matt Kelly
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Compliance Week West: Keynote Speakers Announced!
The grand theme for Compliance Week West, our West Coast event happening in November, is the proper care and maintenance of the compliance function at a modern, global organization. That means our agenda is packed with plenty of discussion about supply chains, measuring effective compliance, risk assessments, and integrated systems to monitor risk and compliance, […]
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Whistleblowing, Retaliation, Compliance Frustrations—All Rising
The Ethics Resource Center published its new analysis of corporate whistleblowers and retaliation against them today—and the results are not particularly heartwarming for the corporate compliance world. The report should be required reading for every compliance executive, although I suspect you’ll finish its 18 pages just as confused as I am. First, the useful news. […]
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Big Data, Big Ethics Questions
We stood there in line at the supermarket, me and a woman who, for the purposes of this column, will be known as Ms. Compliance Week. I was doing my usual grocery shopping at the local store of a national supermarket chain, and when we arrived at the checkout terminal, the clerk asked me for […]
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Compliance Week Live Events Coming This Fall
Looking for a way to pass the time this slow August week, when the rest of the universe is on vacation? Fear not! Compliance Week has been spending the summer doldrums planning our fall lineup of editorial roundtables, so read below, and then start making travel arrangements to attend one. For those who have not […]
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News Corp. Shakes Up Compliance Roles
News Corp. today announced a restructuring of its compliance function, in the wake of its phone hacking scandal and in advance of a likely breakup of the sprawling business into separate news and entertainment companies. In a memo first circulated to News Corp. employees and then announced by the Wall Street Journal, the company said […]
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Getting Ahead of Privacy Risk
Compliance Week held another of our editorial roundtables last week in Atlanta, this time to talk about every compliance executive’s biggest headache these days: privacy regulation. Or at least, we started the conversation talking about privacy regulation. First came the usual complaints about the complex, and even contradictory, privacy regimes that various nations can impose […]
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The Growing Risks in IT Systems
So now that NASA’s engineers have succeeded at landing the Curiosity rover on Mars, how about they all move to Corporate America and start testing new software programs before businesses unleash them on the rest of us? Indeed, I was originally going to focus my criticism on Knight Capital Group, the twits on Wall Street […]
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Compliance Week West: Call for Speakers!
Compliance Week West, our first-ever fall conference for all you compliance professionals on the West Coast, is now well underway. We have our dates (Nov. 15-16), venue (the Four Seasons Silicon Valley in Palo Alto, Calif.), and a group of superb sponsors. All we need now are a few more superb speakers as well, and […]