Discover Financial Services disclosed it avoided a monetary penalty in agreeing to a consent order with the Federal Deposit Insurance Corporation over alleged compliance shortcomings at its subsidiary bank.
Third Party Risk
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Interagency guidance on third parties: How the expanded scope affects everyone
This webcast will provide an overview of new interagency guidance on third-party relationships, as well as share practical advice to ensure your organization is fully prepared for the expanded scope and what this means for your organization’s TPRM program.
Posted inEurope
Deutsche Bank unit fined $25M in ESG, AML settlements
DWS Investment Management Americas agreed to pay $25 million in penalties across separate settlements with the Securities and Exchange Commission addressing alleged misstatements in environmental, social, and governance investments and anti-money laundering violations.
Posted inAccounting & Auditing
Experts: How ESG materiality assessments impact compliance
Transparency in environmental, social, and governance reporting has become an important goal, with materiality assessments impacting compliance outcomes, experts said during CW’s virtual ESG Summit.
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TPRM Program and Technology Modernization
As organizations increasingly rely on third and fourth parties to support critical business services many are assessing their existing capabilities and modernizing their Third Party Risk Management (TPRM) programs and enabling technologies.
Posted inAnti-Bribery
Survey: Tech gaps, third parties pose biggest ABAC threats
A recent survey conducted by Compliance Week and Morgan Lewis determined areas of insufficient resource support to combat bribery and corruption, along with trends in third-party due diligence.
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Tech gaps, third parties pose biggest ABAC threats
Compliance professionals asked to assess their anti-bribery and corruption efforts indicated resource support deficiencies in areas including staffing and technology, according to a survey conducted by Compliance Week and Morgan Lewis.
Posted inEurope
Experts: SEC or not, Scope 3 GHG disclosure requirements coming
The actions of companies like Amazon and new legislation passed in California prove it’s no longer a question of if companies will be required to disclose their greenhouse gas emissions—it’s a question of when, experts told attendees at CW’s virtual ESG Summit.
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Staying vigilant: 7 practical tips for ongoing third-party risk monitoring
Are you staying vigilant when it comes to third-party risk? With more businesses relying on external third parties, it’s critical to monitor third-party risk on an ongoing basis.
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Five human capital strategies that win
Discover how leading companies are leveraging human capital management to create a strong connection between employee well-being, sustainable and secure operations, and ESG objectives.