In 2020, companies are experiencing new dilemmas regarding compliance. With COVID-19, millions of workers have shifted from working in an office space — an employer-controlled environment — to working from home offices.
Even though your deadline for complying may have moved out, it is time to start getting your organization ready to meet the new ASC 842 compliance standard for private organizations.
The digital economy has created a need in the world of software development to find new ways of delivering innovative software solutions and software updates faster than ever before. Development teams are—understandably so—increasingly using open source software.
Equipment leasing, when managed effectively, can offer a number of strategic financial and competitive benefits to your business.
Creating policies for data handling and accountability and driving culture change so people understand how to properly work with data are two important components of a data governance initiative, as is the technology for proactively managing data assets.
Compliance teams are under increasing pressure to reduce risk and drive financial crime out of their institutions with limited resources.
On July 3, 2020, quietly and with little fanfare, the Criminal Division of the US Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) released the 133-page Resource Guide to the US Foreign Corruption Practices Act, Second Edition (“the FCPA Resource Guide”).
Regardless of industry, companies have ample growth opportunities in today’s global economy—but with that growth comes an increasingly complex landscape of rules, regulations and compliance pitfalls.
Your company may be spending less on travel and entertainment expenses, but the risk of fraud and regulatory non-compliance is spiking. Without proper safeguards in place to manage T&E spend – a major operating expense – companies face costly consequences.
The New York Department of Financial Services (NYDFS) Cybersecurity Regulation, also known as 23 NYCRR 500, consists of rigorous cybersecurity rules for covered financial institutions like credit unions, banks and insurance firms.
Now more than ever, companies need strong data governance that can be applied across multiple repositories, apps, and devices, no matter where work gets done.
CyberGRX and Ponemon Institute surveyed 581 IT security and 302 C-suite executives to determine what impact digital transformation is having on cybersecurity and how prepared organizations are to deal with that impact.
On June 1, 2020, the DOJ updated its Evaluation of Corporate Compliance Programs guidance document to reflect, as Assistant Attorney General Brian Benczkowski said, “additions based on our own experience and important feedback from the business and compliance communities.”
In today’s global economy, opportunities for growth are often accompanied by an increasingly complex landscape of rules, regulations and compliance issues. Since compliance is now a component of everyday business operations, businesses must employ a strategic, holistic program with several key components, including customer risk profiling.
White paper: Future-Proofing Corporate Data Privacy: Budgeting and Solutions to Address Tomorrow’s Compliance Challenges
Over 500 corporate data privacy leaders were surveyed to understand the solutions, strategies and budgets companies have planned to address data privacy challenges in the coming year.
The new lease accounting standards – ASC 842, IFRS 16 and GASB 87 – impact companies of all sizes and industries.
The COVID-19 pandemic has introduced us to a new reality. Every aspect of business has been impacted—from supply chain operations to risk measurement to stakeholder communication.
Traditional compliance training methods are no longer effective at reaching today’s employees. As a compliance professional, you need new methods to ensure employees engage with and retain your compliance communications.
How does the skillset of the modern compliance professional need to evolve for the function to be successful? Senior industry leaders from the financial services and regulatory community offer their insight.
Choosing the wrong solution for your lease accounting needs has huge implications for your business, including risking inaccurate lease financials. You’ll want to select a comprehensive solution to manage your leases, and our Buyer’s Guide can help you do just that.
What are the biggest obstacles to sanctions compliance? CSI’s 2020 Sanctions Compliance Report examines challenges and provides a resource-maximizing roadmap to help organizations implement an effective sanctions compliance program.
Reduce document sprawl by automating your file request, sharing, and tracking processes
Influencing behavior is an ongoing challenge in compliance. Much of human behavior is the playing-out of patterns of neuro-associative responses to stimuli in our environment that are repeated and, eventually, become habitual.
Measuring compliance against third-party risk management requirements is complex and time consuming; and with growing numbers of data breaches originating with third parties and all the regulatory activity that comes as a result, it never lets up.
We can all agree that most check-the-box compliance training is less than exciting. Actually, most of it is the opposite of exciting; it’s beat-your-head-on-the-desk boring. Venture outside of the box and add a few laughs.
White paper: Enforcement Actions: Monitoring Trends, Regulatory Complexity, and Best Practices for Risk Management
Learn how financial compliance, risk, and crime professionals can efficiently track and monitor the growing number of enforcement actions and current trends in Compliance.ai’s latest eBook.