All Ethics & Culture articles – Page 40
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Two Wells Fargo board members resign ahead of congressional hearing
Two Wells Fargo board members who were scheduled to testify at a congressional hearing this week in the aftermath of the financial institution’s fake account scandal have resigned.
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Former NCUA ethics officer drank at strip clubs on job, report reveals
The long-serving ethics officer for the National Credit Union Administration retired late last year after admitting to visiting strip clubs and drinking on the job, according to an internal investigation.
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Congressional report blasts ‘reckless megabank’ Wells Fargo, regulators
A scathing report on Wells Fargo published by the House Financial Services Committee majority tells the story of a recidivist megabank whose senior management and board of directors refuse to take compliance seriously and the unresponsive financial regulators who let it all slide.
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Six compliance lessons from Wells Fargo’s really bad week
Two more settlements reached by Wells Fargo with regulators in the span of a week impart yet more “what not to do” ethics and compliance lessons.
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Bombardier’s compliance program progressing, says review
A recent review of Bombardier’s compliance policies and procedures details how the Canadian multinational aerospace and transportation company is “working towards having a best-in-class program.”
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Special report: Compliance training
If you’re worried about whether your curriculum is truly effective, start with 10 tips from CW columnist Amii Barnard-Bahn on how to take compliance training to the next level.
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Confronting ‘willful intent’ in third-party corruption cases
Even as companies continue to agree to multi-billion-dollar settlements related to the corrupt acts of third parties, managing the risks associated with them nevertheless eludes many compliance departments.
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First four ‘Excellence in Compliance Awards’ finalists revealed
Compliance Week is proud to announce its first four finalists for the “Excellence in Compliance Awards,” a newly formed program that recognizes individual achievement in one of 13 categories relating to risk and compliance.
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Compliance lessons from recent EEOC enforcement data
Recent enforcement and litigation statistics from the Equal Employment Opportunity Commission put the spotlight on where chief compliance officers should be focusing their efforts pertaining to workplace conduct issues.
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Europe’s high court strikes blow to drug companies in ‘pay-for-delay’ case
The U.K. Competition and Markets Authority won a victory in a decision by Europe’s high court, ruling GlaxosmithKline’s entering of a financial deal with industry rivals to delay the generic version of its drugs violates EU competition law.
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NAVEX Global: Top 10 compliance trends for 2020
A recent Webinar, and complementary report, from NAVEX Global offers a look at the top 10 risk and compliance trends for 2020.
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Samantha Power to deliver keynote at Compliance Week 2020
Compliance Week is thrilled to announce the addition of Samantha Power as a keynote speaker at its 2020 National Conference in Washington D.C.
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My Compliance Library: ‘Crisis of Conscience’ explores whistleblower culture
The latest installment of My Compliance Library examines “Crisis of Conscience,” a wide-ranging look at whistleblowers and the toxic cultures that lead to their critical role in enacting change.
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Samsung establishes compliance oversight committee
Samsung Group has announced its intent to establish a corporate compliance oversight committee as the company seeks to clean up its tarnished reputation following a slew of scandals.
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Special report: Compliance 2020
CW Editor in Chief Dave Lefort offers 10 predictions on what will dominate compliance headlines in 2020.
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Apple, Walmart among compliance winners of 2019
Strong social stances, a dedication to doing what’s right, and leading by example highlight the qualities exemplified by our list of ethics and compliance winners of 2019.
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Top ethics and compliance failures of 2019
From antitrust and privacy concerns in the tech world to compliance officer liability in the pharmaceutical industry to unethical practices in the banking and accounting professions, more than a dozen companies made Compliance Week’s list of the biggest compliance fails in 2019.
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Ask Amii mailbag: TPRM from a third-party perspective
The latest edition of the Ask Amii mailbag analyzes a case of a third party’s recommendation being ignored and offers tips on when it’s the right time to change career paths.
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L’Oréal Q&A: Becoming the ‘most ethical company in the world’
L’Oréal’s Chief Ethics Officer Emmanuel Lulin shares with Compliance Week how the 110-year-old consumer goods company is working toward its lofty ambition of becoming “the most ethical company in the world.”
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WADA mess: Sports regulator’s light touch sends bad compliance message
One of sports’ key enforcement agencies handed out a penalty this week that sent a message no regulator wants to send: Punitive action may only come after the guilty party has already reaped the rewards.