Kobe Steel: “We are extremely sorry for our improper conduct”
The biggest question surrounding the recent scandal at Kobe Steel is: If you have all the right systems in place—culture of compliance, proper regulations, good quality control, and more—but admit you’ve largely ignored them, how do you convince customers and investors going forward that you’re ready to comply?
Related articles
-
ArticleContinued fallout at Kobe Steel leads to governance overhaul
Japan’s embattled metal products manufacturer launches a slate of efforts to address its systemic issues of dishonesty and non-compliance.
-
WebcastOct 30 | Compliance Career Forum
A one-day virtual event exploring how the career path for compliance professionals is changing, and what compliance professionals should be doing now to assure career success and security for years to come.
-
News BriefSEC reportedly denying record percentage of whistleblower claims
The Securities and Exchange Commission is awarding far fewer whistleblower claims, according to Bloomberg Law, which noted the commission denied awards for the entire period between April and July, the longest stretch in the program’s history.