Did you miss Compliance Week 2016? This webcast forum will showcase highlights from the conference including best practices around building a compliance, risk, or audit function that adds strategic value to your company.
9:30am – 10:30am ET ARE WE DEFINING EFFECTIVENESS CORRECTLY? (Keynote Session Rebroadcast) Earn 1 CPE Credit
“Effectiveness” is a cornerstone of modern corporate compliance. The U.S. Sentencing Guidelines expect it, and CCOs spend countless hours trying to create an effective program. Yet nobody is entirely sure that we have defined it correctly, and considerable arguments exist that we have not. This keynote discussion will touch on why effectiveness has been so elusive. Do we have the right standards? How can you prove effectiveness? Are all our program efforts actually working?
Moderator: Janice Innis-Thompson, Senior Managing Director and Chief Compliance and Ethics Officer – TIAA-CREFSpeaker(s): Stephen Cohen, Associate Director, Division of Enforcement – U.S. Securities and Exchange CommissionAndrew Weissmann, Chief, Fraud Section, Criminal Division – U.S. Department of Justice
10:45am – 11:45am ET THE UNSOLVABLE PROBLEM: PERFORMANCE, PAY, PRESSURE, AND MISCONDUCT (Keynote Session Rebroadcast) Earn 1 CPE Credit
For all the talk of prudence in corporate risk taking, and valuing ethics above the quick sale—the truth remains that pressure to achieve financial results is huge, and incentive pay is a standard tool to get employees to deliver those results. In this keynote discussion, we will explore why the “incentive trap” is so difficult to solve. What is that pressure to achieve, and that temptation of large reward, really like? How can boards set pay and ethics policies that don’t lure employees into reckless behavior and misconduct? Prepare for a vigorous discussion.
Moderator: Richard Bistrong, CEO – Front-Line Anti-BriberySpeaker(s): Marc Hodak, Adjunct Professor of Business Ethics – NYU-SternAlexander Proels, Regional Compliance Head Americas – SiemensMichael Weisman, Chief Ethics and Compliance Officer – The Kraft Heinz Co.
12pm – 1pm ET CONTINUAL MONITORING AND MITIGATION OF YOUR THIRD-PARTY RISK (live) Earn 1 CPE Credit
Your third parties and suppliers pose an enormous risk to your business, especially when it comes to corruption and bribery. You must, of course, perform proper due diligence, but you can’t stop there. In this session, we’ll discuss ways to institute frameworks and processes that will continue effective compliance monitoring and risk mitigation beyond the contract signing. We’ll also discuss the importance of being alert to external factors—including political change and new business relationships—and how they affect the risk profiles of your business partners.
Speaker(s): Thomson Reuters
1:15pm – 2:15pm ET PREPARING AND PROTECTING YOUR BUSINESS IN THE NEW WAVE OF SALES TAX REFORM (live) Earn 1 CPE Credit
Just when you think you know the rules surrounding sales tax compliance, they change … especially as e-Commerce continues to evolve. The next wave of reform is on the way, and as the Feds consider the Marketplace Fairness Act of 2015, the Remote Transactions Parity Act, and the Online Sales Simplification Act, individual States are making preemptive changes to attempt to capture additional revenue, broadening the definition of sales tax nexus, and creating potential risk for businesses. Learn all you need to know about the big changes in effect and the new rules still in the works, and walk away with insider tips to help you stay ahead of the changes.
Speaker: Chuck Marcouiller, Director of Learning and Enablement – Avalara
2:30pm – 3:30pm ET THE OBSOLESCENCE OF THE TRADITIONAL INTERNAL AUDITOR (live) Earn 1 CPE Credit
As advances in data management and analytics make organizational data more accessible, internal audit must evolve or be rendered irrelevant. In this session, Dan Zitting, a globally recognized leader in data analysis for the past 30 years, will illustrate this shift—what it means for internal audit leaders, and how to embrace the change through people, process, and technology to make internal audit a trusted and sought-after advisor in today’s data-centric business environment.
Speaker: Dan Zitting, Chief Product Officer – ACL
3:45pm – 4:45pm ET STOCK OPTION SCANDAL: LESSONS LEARNED A DECADE LATER (Keynote Session Rebroadcast) Earn 1 CPE Credit
On March 1, 2006, The Wall Street Journal published “The Perfect Payday” on the front page, which identified patterns of granting favorably priced stock options to certain executives. In short order, more than 200 publicly traded companies were conducting internal investigations of their options practices. Executives were fired, financial results restated, and criminal and civil enforcement actions proliferated. But after the shock of Bernie Madoff and the financial crisis, the options backdating scandal seems rather quaint. With the renewed emphasis on individual accountability for corporate misconduct, this panel looks at the scandal’s lessons and lasting impacts on the conduct and evaluation of internal investigations, in Justice Department and SEC litigation strategies, and in best practices for corporate and individual responses when the government and the press come calling.
Speaker(s): Peter Henning, Professor of Law – Wayne State University
Kent Roberts, Attorney in Private Practice – Kent Roberts Law
