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Technology, compliance, and the breakdown of corporate silos

Tom Fox | January 5, 2017

There are plenty of articles, talks, white papers, and general information around the subjects of technology and compliance. The Man From FCPA believes this issue may be one of the most significant over the next several years. A recent article explored the issue of technology and corporate structures, both formal and informal. The main thesis of the piece was that “data-driven capabilities are breaking down barriers between formerly siloed business units.” The implications of this for the compliance practitioner are close to limitless or at least only limited by the imagination of the CCO involved. This flattening of structures allows visibility and oversight in a way not previously available to the compliance function, should it take advantage of such technology.

The recent FCPA enforcement action involving General Cable Corp. would seem to be a prime example of the potential...

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