All Internal Controls articles – Page 27
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ArticleSurvey: Lessons from those who weren’t ready for coronavirus
Survey respondents who said their companies weren’t prepared for the coronavirus pandemic said they failed to recognize that the pandemic would morph from a far-away, supply chain disruption issue into a complete business shutdown at home.
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ArticleSurvey: With ethical dilemmas aplenty, compliance in position to lead
The coronavirus has turned everyday no-brainers into ethical quandaries, which makes it all the more critical for ethics to play the role of conscience for the business.
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ArticleSurvey: Past crises prepared compliance for coronavirus pandemic
A benchmarking survey from Compliance Week found practitioners weren’t prepared for the specific coronavirus crisis, but that previous crises (think 9/11) left them ready to be leaders during this global pandemic.
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ArticleExecutive pay cuts a growing trend during coronavirus
Hundreds of companies around the world have announced drastic cuts to the salaries of their senior executives as one way to reduce the unprecedented financial blow caused by the coronavirus pandemic.
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Article8 compliance challenges facing European companies in coronavirus crisis
Due diligence, data, solvency, and supply chain management risks are just some of the issues Europe’s employers are struggling with as normal business has come to a standstill during the coronavirus pandemic.
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ArticleEmbracing the potential of tech in legal, compliance
The pace of technological change can be overwhelming, and in-house legal and compliance teams are yet to lead the charge. This needs to change if businesses are to secure the potential competitive advantages offered by new tech.
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ArticleSo your company’s CEO has coronavirus. Does the world have to know?
As infections stemming from the coronavirus pandemic continue to mount around the world, publicly traded companies face questions about when and where to disclose that their CEO or other key executives have contracted the virus.
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ArticleCoronavirus begins disrupting public companies’ financial reporting
Companies are reporting ways in which the coronavirus pandemic is hurting their bottom lines, as well as steps they are taking to reduce spending as disruptions ripple through their supply chains and rattle their customer bases.
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Article10 ways to maintain a social, positive workplace amid coronavirus
It’s more important than ever for senior leadership teams—including ethics and compliance officers—to do their part to help maintain a sense of normalcy in the virtual workplace.
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ArticleConference organizers innovate online as coronavirus cancels live events
While the convention industry is taking a huge financial hit during the coronavirus outbreak, it’s also being forced to innovate.
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ArticleTee International revamps internal controls amid investigation
Tee International disclosed enhancements to its compliance, risk management, and internal controls amid an ongoing investigation by authorities in Singapore into its former group chief executive for allegedly stealing company funds.
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ArticleAsk Amii mailbag: How to push for greater say at your company
The latest edition of the Ask Amii mailbag provides guidance on getting compliance more involved in conversations with key decision makers. Amii also gives her thoughts on when the time is right to change careers.
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ArticleBusiness lessons from past pandemics: Be ready for a second wave
Past pandemics—and there have been four in the last 100-plus years—offer critical lessons for businesses striving to make socially responsible decisions today while also remaining operational in the future.
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ArticleSwedbank announces new risk chief as probe nears end
Swedbank announced the appointment of Rolf Marquardt as chief risk officer just over a week prior to the expected announcement of the findings of a probe into its AML shortcomings conducted by law firm Clifford Chance.
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ArticleAdvice for European compliance officers dealing with coronavirus
Although the coronavirus situation is constantly changing, lawyers say there are several areas of corporate life that are going to test compliance officers and which management will need greater assurance on.
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ArticleEight steps for designing a coronavirus crisis management plan
With the coronavirus on everyone’s mind these days, companies are having to walk a fine line between taking care to communicate necessary and important information while also preventing widespread panic.
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ArticleLawsuit: Former iRobot compliance head alleges firing over flagged dealings
The former director of compliance for iRobot—maker of the robot vacuum cleaner Roomba—claims in a federal lawsuit he was fired for pointing out the company’s violations of state, federal, and international law.
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ArticleEthical leadership more important than ever during coronavirus crisis
Not a single one of us can predict with any kind of certainty what will come next. And that’s exactly why we need strong ethical voices now more than ever.
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ArticleCoronavirus: Tips for risk management
As the coronavirus worldwide pandemic spreads, the ramifications for any business has gone from temporary disruption to a serious impediment. Here are 10 steps your company can take to mitigate its risks.
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ArticleEthics and compliance lessons from Astros’ cheating scandal
The Astros’ sign-stealing scandal offers important lessons for leaders of all organizations about the risks associated with a win-at-all-costs or short-term outlook.