Risk Management
Compliance Practices in 2014: Good, Bad, and Everything Else
In one sense, compliance officers have plenty of reason to feel good when reading the 2014 Compliance Trends Report, a joint effort by Compliance Week and Deloitte to survey CCOs on a host of issues. More than half of respondents to the survey, unveiled last week at the Compliance Week 2014 conference in Washington, say […]
Managing Third-Party Corruption Risks in Decentralized Companies
Earlier this month, tech giant Hewlett-Packard announced a $108 million agreement with the Department of Justice to settle charges that it violated the Foreign Corrupt Practices Act. The charges centered on the conduct of H-P affiliates in Russia, Poland, and Mexico, and they highlight a trend at the center of many recent FCPA cases: The […]
Winning the Battle to Get ‘Buy-In’ on Compliance
Getting executives and middle managers to “buy in” to the goals of compliance can be an uphill battle at many companies, especially at those where compliance is viewed as an obstacle to getting things done. Some line managers may harbor misconceptions about the role of compliance. They view most compliance initiatives as a nuisance, at […]
Five Big Banks Failed Federal Reserve’s Annual Stress Tests
Five of the nation’s biggest banks flunked their annual Federal Reserve stress tests for 2013. Citibank, the largest on the list, also came up short in 2012, and its back-to-back failures will prevent it from increasing shareholder dividends and moving ahead with share repurchases. The failures are not quite so simple as failing to tuck […]
More Companies Disclosing Measures of Realized and Realizable Pay
If you’re not familiar with the new compensation metrics—realized and realizable pay—you should be; more and more companies are using them to provide investors with what they consider a more realistic picture of what their top executives are really earning. Companies are providing figures on realized and realizable pay along with the executive compensation numbers […]
Studies Find Weaknesses in Data Management Programs
Big Data may be here, but lots of companies are still struggling to get a handle on garden variety information and records management. Indeed, two separate benchmarking reports released last month revealed that even though most companies claim to have information and records management programs in place, many are not up to par, leaving companies […]
