More than 400 attendees gathered at the Mayflower Hotel in downtown Washington, D.C. for Compliance Week’s 20th annual National Conference from April 28-29. The conference gathers compliance professionals and their peers from around the globe to share best practices and discuss key issues and regulatory developments.
Ethics & Culture
Posted inBoards & Shareholders, Ethics & Culture
Compliance professionals need guaranteed job protections so they can report the truth to CEOs and boards of directors
Too often, compliance professionals do their jobs only to receive a pink slip at the end. Panelists at Compliance Week’s 20th Anniversary National Conference in Washington, D.C. this week said compliance professionals need regular access and reporting lines to CEOs and boards of directors, and to feel free to speak truth to power.
Posted inBoards & Shareholders, Ethics & Culture
CW National Notebook: Boards of directors need more compliance professionals
More than half of the people who sit on corporate boards have a background in finance, with far fewer from compliance. But change may be coming.
Panelists in a session of Compliance Week’s 20th National Conference in Washington, D.C., discussed the way boards of directors are changing in response to generational shifts, employment trends, and increasing efforts at corporate accountability. That environment is already leading more boards to work more closely with company compliance functions, including through regular reporting. And it may elevate more compliance professionals to board positions as well.
Posted inEthics & Culture
Excellence in Compliance highlights critical leadership and important case studies of success in unstable times
Doing your best isn’t just for when things are easy. And life in the compliance world has rarely been harder.
Posted inEthics & Culture
CW National Notebook: Despite uncertainty, whistleblowers still have incentives to report misconduct
Whistleblowing in the United States is being buffered by uncertainty from regulators who are backing off policing corruption and consumer protections. Regulators like the Department of Justice and the Securities and Exchange Commission are being thrown into disarray by layoffs and restructuring. Still, whistleblowers will likely continue coming forward.
Posted inEthics & Culture
CW National Notebook: Networking is key for women in compliance
Compliance can be a highly fulfilling job but one that is tough and sometimes lonely, too. But participants at the Women in Compliance Brunch & Learn session at Compliance Week’s 20th anniversary national conference agreed community was the solution, though it can come in different ways.
Posted inEthics & Culture
Virgina Giuffre, who spoke out against Jeffrey Epstein before committing suicide, is a reminder of the human stakes in compliance
Virgina Giuffre, a victim of Jeffrey Epstein’s sex-trafficking ring and the first of Epstein’s victims to go public in 2015, died by suicide on Friday. Her death is a stark reminder of the all-too-human cost of professional negligence.
Posted inEthics & Culture
Directors should be more accountable for failure, while also taking more risks, says U.K. regulator
Director accountability is back in the spotlight in the U.K., even as the government pushes for regulatory simplification to cut red tape and drive growth. This raises questions about how boards can be encouraged to take risks to grow their businesses while also being held more accountable for governance failings. As regulators and auditors debate where the line between accountability and ambition should fall, what should compliance managers be advising boards, and what changes are already in progress?
Posted inEthics & Culture
Ex-FBI informant says three things can save companies from themselves
Tom Hardin paid the price for crossing legal and ethical lines as a financial analyst accused of insider trading in one of the most notorious Wall Street scandals. Now he’s on a mission to save businesses from themselves. A keynote speaker at Compliance Week National, he built a second career out of the wreckage of his first, as the poster child of a company’s worst-case scenario: an informant in its midst.
Posted inEthics & Culture
Survey highlights demand for quick, customizable, and cost-effective compliance training
Compliance training has become less expensive and more customizable to keep up with the constant rule changes, according to a new survey by microlearning training platform Ethena and Compliance Week.
