The degree to which organizations’ compliance programs are being used against them by regulators is creating a perverse incentive system, writes Joe Murphy.
Ethics & Culture
Posted inEthics & Culture
On Remembrance Sunday, a lesson in culture and compliance
International compliance is far easier said than done. Take it from a clueless American traveling abroad, writes Bill Coffin.
Posted inEthics & Culture
Wells Fargo and the whistleblower lessons it imparts
Ethics and compliance officers can learn a lot from the toxic corporate culture at Wells Fargo, especially as it concerns lessons in whistleblower protections. Jaclyn Jaeger has more.
Posted inEthics & Culture
Red flags appear and nothing changes, yet again
What are red flags and what does it mean when one appears? For The Man From FCPA the term is about as ubiquitous as “tone from the top.” However simply because a phrase is well-worn does not mean it is not without value. Indeed, it may be that the simple fact it is so frequently […]
Posted inEthics & Culture
A simple, brutal solution to dishonesty
To contain bad behavior, we need first to understand why we behave badly. Or do we? Perhaps sometimes the harshest compliance solutions are the least empathic … and the most effective. Bill Coffin has more.
Posted inEthics & Culture
Steve Naughton: Evolving with the profession
Steve Naughton has held high-profile compliance and ethics jobs at Pepsi and Kimberly-Clark. As he moves onto a new challenge, he reflects upon a career that has continually evolved and the changing corporate mindset regarding compliance.
Posted inEthics & Culture
Internal controls: trust but verify
Tom Fox looks at the recent scandal at Wells Fargo leading to the Consumer Finance Protection Board’s $185 fine and the firing of more than 5,000 employees after basically telling them: “It’s OK to break the law, as long as we make money.”
Posted inEthics & Culture
U.K. boardrooms still ‘pale, male, and stale’
Across the United Kingdom and Europe, gender diversity requirements often go unmet, keeping boardrooms across the continent the same old boys’ club. Neil Hodge has more.
Posted inEthics & Culture
K.C. Turan: Compliance and caduceus
K.C. Turan has a holistic perspective through which he views compliance. And given his position in the challenging field of healthcare compliance, perspective is the coin of the realm.
Posted inEthics & Culture
To really improve corporate culture, it must be measurable
The days of viewing culture as a hazy intangible are over, given regulator interest in using the efficiency of cultural programs as benchmarks for everything from indictment decisions to penalties. Corporate culture, says Jose Tabuena, needs to be subject to performance benchmarks, like anything else.