White paper: Mitigate privacy risks and exploit valuable data
The new California Consumer Privacy Act (CCPA) takes effect on January 1, 2020. Ahead of this milestone – and with several States working on new data management regulations – many financial services organizations are concerned with the risks of non-compliance.
White paper: Best practices for Audio Recording Supervision
Best practices for using AI & ML to enhance audio recording supervision programs.
White paper: Internal Controls Over Financial Reporting Considerations for Developing and Implementing Bots
Companies are rapidly digitalizing parts of their business through robotic process automation (RPA). RPA uses computer-coded, rules-based software robots (i.e., bots) to automate certain human tasks.
White paper: Taming third-party risk with digital
Damaging headlines like this have grown steadily in recent years. Triggered by third parties – such as suppliers, joint-venture partners, and contractors – and exacerbated by longer, more complex supply chains, compliance failures are becoming commonplace. Especially as regulators extend their reach. Building a sustainable framework for third-party risk using ...
White paper: Transform your Compliance and Ethics Training with Integrity
Your annual compliance and ethics training is the flagship communication to your global workforce; the effectiveness of your training has far reaching, significant impacts for your organization.
White paper: 2019 CCO Playbook
Understanding the regulatory environment, both past and current, can help shape your compliance strategies. ComplySci’s CCO Playbook will ensure you keep up with regulatory changes and provide you with a game plan to meet many of the top challenges CCOs face today.
White paper: Essential transcription dos and don’ts for your audio recording review program
Transcription is merely a starting point for call recording review and even the voice portion video recording review.. That said, voice-to-text technologies and even search tools built for transcripts still haven’t met both of the distinct last-mile-needs around using transcripts for compliance.
White paper: ASC 842 and IFRS 16: 5 Lessons Learned for a Smoother Transition
The long-term impact of the new lease accounting compliance standards has yet to be seen, but the implementation issues facing many entities have become increasingly evident.
White paper: Workforce Optimization and Data Privacy Compliance
With at least five regulations already in place and the California Consumer Privacy Act (CCPA) on the horizon, it is time to start thinking ahead to ensure your organization can meet many different compliance requirements.
Guide: Can your ID verification solution stand the heat?
The price of fraud keeps going up, costing the global economy $41.6 trillion per year. Recognizing the four degrees of fraud is the first step in keeping fraudulent users off your platform.
White paper: 5 Compliance Steps for Video Conference Recording in Financial Services
There are 6+ different electronic communications present in video conferencing. MiFID II and SEC 17a-4 have retention and supervision requirements that apply to the audio and electronic communication within video conferences, requiring organizations to develop a compliance plan to govern this growing medium of communication.
White paper: Global Regulatory Outlook – Are We There Yet?
Following the 2008 financial crisis, regulatory compliance has come to play an ever-larger role in the lives of financial institutions. Regulatory requirements have become more complex and enforcement scrutiny has increased.
White paper: Global AML Screening: Leveraging Technology to Combat False Positives
Organizations across regulated industries are obligated to screen transactions and customers against sanctions lists in order to avoid transacting with sanctioned countries, individuals and entities.
White paper: Social media communications: Reward—and risk
Social communication is no longer optional—even for businesses. Clients expect to engage with businesses on social media, and the most successful firms are delivering on that expectation. But as your digital presence grows, so does your exposure to risk.
White paper: Global Digital Communications Compliance for Regulated Industries
Financial services, pharmaceuticals, healthcare, and energy are some of today’s most regulated industries. And their compliance risks have only grown as modern business evolves. And you must comply with new rules that govern email, the web, social media, and more.
White paper: US in Focus: AML/KYC & Sanctions Fines 2008-2018
Over the past ten years, US regulators have increasingly prioritized the importance of strict AML law enforcement to effectively deter money laundering and terrorist financing activity, with over $24bn in AML, KYC and sanctions penalties levied.
White paper: Globanet Designated Third Party (D3P) Guidelines
In the last five years, FINRA, the primary self-regulatory organization for broker-dealers, has focused on prioritizing designated third-party compliance.
10 Tips to Managing Social Media Compliance
The financial services industry faces many regulations on how to engage on social media, including communication and retention rules from FINRA, SEC, FCA, IIROC, and others.
Inside Conflict of Interest: Interview with an Industry Leader
Osprey Compliance Software is proud to bring you this inside insight interview with Roy Snell. As the ex-CEO of major compliance organizations SCCE and HCCA, Roy is a well established expert in the compliance industry.
Microlearning: The New Standard for Compliance Programs
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.
Companies Look to Combat Corporate Misconduct
As corporate misconduct, such as sexual harassment and discrimination, continue to make headlines, companies are becoming increasingly focused on detecting “bad behaviors” so they can be appropriately managed.
Third Party Risk: Driving Cross-Functional Alignment Across the Vendor Lifecycle
Outsourcing is nothing new, but recently we’ve seen companies increasingly rely on a network of third-party vendors to help them compete.
The Compliance Officer’s Ultimate Compliance Guide
The job of compliance officer has become increasingly dominated by technology and automation. And one under constant pressure from changing regulation globally.
The Right Moves: The Evolution of Approach in Risk Management
The concept of risk management—what it is and consists of—is something that is often misunderstood or misinterpreted.
The Four Pillars of a Comprehensive Harassment Prevention and Compliance Strategy
3 out of 4 non-manager employees who experienced harassment did not report it, according to a 2018 Society for Human Resource Management (SHRM) survey.
A pilot project: Addressing the global outcry against corrupt business practices
As the outcry on bribery and corruption continues to tighten its grip around rogue players in the private and public business sectors, organizations ramp up their efforts to develop effective frameworks to prevent, detect and report corruption.
The OCEG GRC Illustrated Series: Connected Management of Operational Risk Prevents Disruption
Are you facing constant disruptions to your business operations? Many things can disrupt the business and the measure of this disruption is called operational risk.
The OCEG GRC Illustrated Series: Finding Ultimate Beneficial Owners
Are you struggling with the challenge of identifying the real owners behind your customers or parties you do business with?
Fueling Modern Risk Mitigation with APIs: A Quintessential Guide to Watch List Screening
As technology becomes more sophisticated and influences how organizations conduct business, the need for efficient watch list screening increases exponentially.
How to Detect the 7 Types of Document and Identity Fraud
Forgeries. Imposters. Counterfeit documents. You can’t afford to let fake identities slip through the cracks and put your company—and your customers—at risk.
2019’s Key Tech Trend for Capital Markets? That’s Private
To get the full use of your data as data privacy rules increase, you need an innovative technology approach.
Following Privacy’s Yellow Brick Road with BDO: GDPR – CCPA
With new privacy regulations in the works, the California Consumer Privacy Act (CCPA), effective January 2020, stands out as the next big privacy regulation companies will need to grapple with.
Microlearning: The New Standard For Compliance Programs
Traditional compliance training methods are no longer effective at reaching today’s employees.
How to Stop Delivering Boring Compliance Training: A Holistic Approach to Employee Engagement
Many employees see compliance training as fundamentally uninteresting, irrelevant — or just plain boring.
Leveraging data and technology for sanctions compliance: OFAC’s '50 Percent Rule'
Complying with the U.S. Treasury’s Office of Foreign Assets Control (OFAC) regulations on sanctions against foreign entities requires much more than checking a list of restricted companies and individuals.
Key Factors in Choosing a Third-Party Compliance Platform
Nothing is more frustrating than being slotted into an inflexible platform that restricts your compliance process.
Case Study: Global Payment Processing Company Selects MCO to comply with Anti-bribery and Corruption Regulations
Despite the presence of an active gifts and entertainment policy, an internationally well-known company was finding it difficult to apply and enforce its process consistently across the organization.
Increasing Efficiencies Within Centralized and Decentralized Third Party Compliance Programs
Different compliance models have their own strengths and weaknesses regarding control, consistency and understanding of local nuance.