Compliance is increasingly in the spotlight as companies are tackling everything from artificial intelligence and other new technologies to risk management and mitigation. But it’s soft skills of communication and relationship building that are becoming the most critical tools for success.
Risk Management
Posted inAnti-Bribery
ESG isn’t just a buzzword, it’s vendor management, forced labor and more
ESG is no longer in vogue. But its issues still are.
Almost none of the nearly 200 attendees at Compliance Week’s Third Party Management summit this week said they’re currently working on ESG when informally surveyed. The show-of-hands results marked a dramatic reversal from even just a couple years ago, surprising even attendees in the room.
Posted inBoards & Shareholders
TPRM Keynote speaker Cherepanova says directors don’t need specialization, they need critical thinking
Regulators and investors increasingly say boards of directors need more expertise to ensure they can respond to fast-changing politics, policy, and technology that threaten to undermine their businesses. In the U.K., government officials say boards need to think more about cyber. In the EU, they need to prepare for the Corporate Sustainability Reporting Directive (CSRD). Speaking at Compliance Week’s Third-Party Risk Management summit, Boards of the Future director Vera Cherepanova says that directors need to think broadly, rather than in specialties.
Posted inRisk Management
Google’s $500 million compliance overhaul could fall short of best practices, amid antitrust fallout
Google parent Alphabet has struck a new agreement with shareholders, settling a shareholder lawsuit with a promise to ”completely revamp and rebuild its global compliance structure,” according to a new legal filing. The investment may not go far enough to reform Alphabet’s compliance failings, which are particularly under scrutiny following two antitrust rulings in two different cases against the company over the past year.
Posted inRisk Management
TPRM has become the business continuity plan
Global supply chains are constantly in flux: crucial vendors could suddenly go bankrupt, fail to produce key components without warning, or even lose your firm’s data in a breach. The result has drawn ever more attention to third-party risk management as a critical element of many businesses.
Posted inRisk Management
COSO’s draft corporate governance framework provides roadmap to compliant business practices
Corporate governance is, all too often, handed down from generation to generation. Like a well-worn jacket, it works great—until it doesn’t. Typically, it is a crisis that forces companies to reassess their corporate governance framework, as gaps are filled and poor policies rewritten. But it doesn’t have to be that way.
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Tariffs, Trade, and TPRM: Adapting to Global Regulatory Change and Supply Chain Disruption in 2025
Wondering how new approaches to age-old regulations affect ethical business practices across your extended enterprise? What about how tariffs may impact your supply chain integrity, and how to best adapt your organization to accelerated shifts in business practices?
Posted inEthics & Culture
Survey: Compliance, now at the leadership table, navigates an uncertain risk landscape
At a time when the Trump administration is rewriting many of the rules, the compliance function is being embraced as a strategic partner to the C-suite and board, Compliance Week’s 2024 “Inside the Mind of the CCO” survey shows. The new objective: risk-assess the implications of Trump’s confetti of executive orders and actions.
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The Compliance Practitioner Challenge: Staying Ahead of AI Regulations
As AI presents new opportunities to drive insight and efficiency, it brings new challenges of risk mitigation and overall company protection.
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?