Free trade agreements potentially offer significant cost savings to companies, but managed ineffectively they also pose huge compliance risk. Jaclyn Jaeger reports.
Risk Management
Posted inRisk Management
Mike Lamberth: Shepherding the future of compliance
Mike Lamberth, managing vice president of compliance for Capital One Financial, was on the job as compliance programs first started to become ubiquitous. His vision for the profession: a continuing evolution that combines talents, keeps pace with regulatory change, realizes the positive disruption technology will bring, and does all this without ever losing sight of protecting customers.
Posted inRisk Management
Iceland and Ireland both jailed their bankers. Why aren’t others learning by example?
Ireland just sentenced three senior bankers to prison for their role in the 2008-2009 financial crisis. Given how common misbehavior was among senior bankers all over the world in the days before the crisis, why haven’t more been sentenced to jail? Bill Coffin offers an explanation.
Posted inRisk Management
NICE Actimize launches authentication-IQ solution
NICE Actimize, a NICE business and a provider of financial crime, risk, and compliance software platform for the financial services industry, announced the launch of Authentication-IQ, a solution that manages multiple authentication methods across financial institution channels with a unified strategy, enhancing both security and customer experience while improving cost efficiency.
Posted inRisk Management
Second Circuit ruling gives legal backing to Yates Memo
At last, compliance officers have a legal decision to cheer about: A recent court case affirmed the ability of companies to fire executives who refuse to cooperate with internal investigations. This gives compliance departments a serious boost in authority, reports Jaclyn Jaeger.
Posted inRisk Management
Symantec launches Control Compliance Suite
Symantec has announced the next version of Symantec Control Compliance Suite, an enterprise-class IT governance, risk and compliance solution. Symantec Control Compliance Suite delivers new features to give IT and security operations teams the ability to implement agile business processes while remaining in compliance with regulations.
Posted inRisk Management
Chinese companies place dead last in corporate transparency report
A recent report by corruption watchdog Transparency International on the corporate disclosure practices of emerging-market multinationals revealed significant deficiencies in the areas of anti-corruption practices, company structures, and country-by-country reporting. Indian companies scored highest overall, while many Chinese companies failed miserably. Jaclyn Jaeger reports.
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Posted inRisk Management
Black and blue: Can compliance help stop the police brutality?
As the arguing points of #BlackLivesMatter and #BlueLivesMatter square off, bodies continue to pile up across the country. But maybe—just maybe, says Editor Bill Coffin—there is a compliance angle to consider that could save lives and help defuse tensions.
