A look at key investigations and enforcement actions in South America and Mexico in the past four years signifies a changing legal landscape that offers compliance lessons in advancing third-party anti-corruption compliance.
Third Party Risk
Posted inAccounting & Auditing
Top Minds in Compliance podcast: Marianne Ibrahim
Marianne Ibrahim, director of global compliance at Baker Hughes, offers several best practices for the auditing of third parties.
Posted inRisk Management
Prevalent acquires 3GRC
Third-party risk management platform Prevalent announced its acquisition of U.K.-based risk and compliance firm 3GRC.
Posted inRegulatory Enforcement
Lumber Liquidators to pay $33M for securities fraud
Lumber Liquidators Holdings, a discount retailer of hardwood flooring, will pay a total of $33 million in criminal and regulatory penalties for misleading investors concerning the sale of its laminate flooring from China to its customers in the United States.
Posted inAccounting & Auditing
Internal audit still vexed by data, third-party risks
Internal audit is making strides in steering its focus and resources toward companies’ emerging risks—but there’s still some work to be done, the IIA says.
Posted inRisk Management
Argos Risk announces partnership with SAI Global
Argos Risk, a third-party risk intelligence solutions provider, announced its partnership with SAI Global on an integrated approach to vendor risk management.
Posted inBoards & Shareholders
Building a better board and the benefit of director self-assessments
Technological disruption, the dark side of corporate culture, and evolving expectations from diverse stakeholders are all making the job of director more challenging, says a report by EY’s Center for Board Matters.
Posted inRisk Management
Q&A: A view of bank risk from the battlefield
Compliance Week talked with Stuart Brock, director of Seal Software, about the risks faced by banks—not the least of which is third-party due diligence.
Posted inRisk Management
Why continuous monitoring is crucial for TPRM
Three cautionary tales demonstrate the potential trouble a company can find itself in when third parties are not actively monitored.