2021-01-15T18:23:00+00:00By Jaclyn Jaeger
Embracing technology to help manage risk and improve efficiencies is a trend that’s been developing in the compliance space for a while, but the pandemic has fast-tracked the urgency behind it, according to a couple of recent surveys.
2021-01-14T19:46:00+00:00By Aaron Nicodemus
The Securities and Exchange Commission has announced over $176 million in whistleblower awards in the first four months of the current fiscal year, already more than any other year in its history.
2021-01-12T20:43:00+00:00By Compliance Week
In the wake of the SolarWinds hack and in the middle of a pandemic, it’s critical to ensure your most important data is protected—particularly when you’re collecting and storing more of it than ever. Take 2 minutes to let us know how you think you’re doing.
2021-01-12T17:28:00+00:00By Jaclyn Jaeger
Consumer protection initiatives are expected to be a major area of focus for President-elect Joe Biden, who is widely anticipated to breathe new life into the enforcement priorities of federal and state agencies with such powers.
2020-12-29T21:49:00+00:00By James Thomas, International Compliance Association
This year has been one most of us would like to forget. As we look toward 2021, nevertheless, it is worth considering lessons learned over the last 12 months and (where possible) drawing on any positives that have come to light regarding the financial crime landscape.
2020-12-18T16:25:00+00:00By Martin Woods
Con men will try to bully weak investigators and sell them their version of “the truth,” writes Martin Woods. The ultimate deterrent is to challenge their “facts” and act with the same confidence they display.
2020-12-17T17:02:00+00:00By Jaclyn Jaeger
Current events have significantly accelerated the need for companies around the world to link ESG initiatives to their executive incentive plans, according to a recent poll conducted by Willis Towers Watson.
2020-12-16T16:49:00+00:00By Aly McDevitt
A CW survey finds male and female compliance practitioners are processing the pressure points of the pandemic differently, and that fully remote work is leading to a permanently changed future for post-pandemic work schedules.
2020-12-16T16:48:00+00:00By Tristan Jenkinson, International Compliance Association
As the compliance world evolves, the skill sets needed by practitioners are changing. The ability to run investigations effectively is now highly prized, and key skills, such as understanding the use of technology, will be among the most fundamental in the years ahead.
2020-12-16T03:00:00+00:00Provided by Skillsoft
A recent survey from Compliance Week and Skillsoft of 180 compliance, risk, and audit professionals asked the question: “What’s your back-to-office plan, and does it work for you?”
2020-12-15T20:27:00+00:00By Maria L. Murphy
New FASB Chairman Richard Jones said in a recent speech that he believes accounting challenges from the coronavirus pandemic won’t go away soon, with his organization poised to address new issues as they arise.
2020-12-15T20:08:00+00:00By Aly McDevitt
A recent survey of 180 compliance, risk, and audit professionals asked the question: “What’s your back-to-office plan, and does it work for you?” The short answer was there is no plan, and the status quo is faring better for the company than the employee.
2020-12-14T21:58:00+00:00By Maria L. Murphy
PCAOB board members remark on changes at the organization amid the coronavirus pandemic, recent audit inspection findings, priorities for 2021, and more.
2020-12-10T21:13:00+00:00By Neil Hodge
Many of the problems European compliance officers faced in 2020 will remain in place going into the new year, but new risks and new regulations will also present new challenges.
2020-12-10T17:57:00+00:00By Maria L. Murphy
Among other things, the SEC’s chief accountant discussed activities relating to public company financial reporting, accounting and auditing policy updates, and financial reporting considerations related to COVID-19 at a conference this week.
2020-12-10T13:30:00+00:00By Jaclyn Jaeger
Major bribery scandals, record enforcement actions, unprecedented cross-border coordination and prosecutions—all this amid a global pandemic made 2020 an unforgettable year for FCPA enforcement.
2020-12-09T14:20:00+00:00By Dave Lefort
Many of the things I’d like to see in 2021 are directly related to regulatory changes we anticipate are coming under a Biden administration, but they’re mixed with a few lessons from the pandemic we hope carry into a post-COVID world.
2020-12-08T13:45:00+00:00By Compliance Week
Six senior compliance practitioners divulge how they fared in 2020, from wrestling with new risks amid the pandemic to the most valuable lessons learned during a year rife with crisis.
2020-12-07T17:49:00+00:00By Aaron Nicodemus
A spate of recent cyber-security breaches occurring via third parties is a reminder of the importance for companies to stay on top of risk management. Regulators have shown to not take kindly to finger-pointing.
2020-12-02T21:30:00+00:00By Jaclyn Jaeger
The coronavirus pandemic has dramatically altered the risk landscape for chief audit executives and audit departments by exacerbating long-standing risks while giving rise to new ones, a new report by research and advisory firm Gartner finds.
2020-12-01T19:18:00+00:00Provided by Skillsoft
With the pandemic lingering and the coronavirus vaccine shipping in the United States, we are hopefully beginning to turn the corner on the pandemic.
2020-11-27T16:17:00+00:00Provided by BlackLine Systems
There’s no question that F&A teams have been disrupted by the ongoing pandemic. In fact, nearly half of respondents in a recent survey said that closing virtually with a distributed workforce impacts the audit and other third-party engagements.
2020-11-25T19:10:00+00:00Provided by Dun & Bradstreet
In the wake of COVID-19, compliance professionals need to be aware that the pandemic made instances of fraud more likely. This reflects the astonishing pressure put on governments and global financial systems and service providers to respond and adapt to the crisis.
2020-11-20T20:13:00+00:00By Jaclyn Jaeger
General counsel have taken on significantly more responsibility since the start of the coronavirus pandemic and amid the current social climate, solidifying their role as a critical business partner, a recent study on corporate legal departments found.
2020-11-19T21:42:00+00:00By Aaron Nicodemus
In a year turned upside down by the coronavirus pandemic, one thing hasn’t changed in the eyes of the SEC: The best compliance programs are supported by senior management and have adequate staffing, technology, and training.
2020-11-16T15:00:00+00:00By Compliance Week
This one-hour Webinar covers what coronavirus pandemic training and education are needed to safely re-enter the workplace.
2020-11-13T18:19:00+00:00By Jaclyn Jaeger
Careful consideration as to what new tone, direction, and priorities the SEC’s Division of Enforcement will take under Joe Biden can help you reduce compliance risk.
2020-11-12T20:14:00+00:00By Neil Hodge
COVID-19 and its impact on operations and the bottom line tops the Financial Reporting Council’s list of what it wants to see in company reports for 2021.
2020-11-11T19:10:00+00:00By Aaron Nicodemus
The U.S. banking industry is stable nearly nine months into the coronavirus pandemic, but the OCC warns of increased risks for banks seeking to comply with the Bank Secrecy Act and consumer protection and fair lending requirements.
2020-10-27T14:00:00+00:00Provided by Refinitiv
This webinar will discuss how companies are making changes to their onboarding processes and supply chain due diligence and how COVID-19 has shifted priorities and budgets going forward.
2020-10-21T18:00:00+01:00By Compliance Week
Compliance Week Editor in Chief Dave Lefort and data journalist Aly McDevitt host a 1-hour Webcast to discuss CW’s Carnival case study in addition to the behind-the-scenes making of the product.
2020-10-21T16:39:00+01:00By Aaron Nicodemus
A new study of financial crime compliance costs found spending by American and Canadian financial institutions is up sharply in 2020, driven in part by the coronavirus pandemic.
2020-10-21T15:28:00+01:00By Maria L. Murphy
A new report from the Center for Audit Quality includes key questions audit committee members can ask to fulfill their oversight responsibilities as they discuss non-GAAP financial measures and KPIs with management and auditors.
2020-10-20T16:33:00+01:00By Jaclyn Jaeger
The 2020 Audit Committee Transparency Barometer, an annual report issued by the CAQ and Audit Analytics, explores new disclosure trends related to the coronavirus pandemic and critical audit matters.
2020-10-09T19:27:00+01:00By Jaclyn Jaeger
Revenue constraints faced by companies due to the coronavirus pandemic are factoring more prominently into settlement discussions with the Department of Justice, according to acting Criminal Division head Brian Rabbitt.
2020-10-08T17:17:00+01:00By Compliance Week
Both the CFTC and CFPB “Nailed It” this week while corporate heavyweight General Electric found itself in more trouble.
2020-10-07T17:31:00+01:00By Martin Woods
With no personal contact with your team members, it can be easy to forget to remind them from time to time that they’re appreciated, to give them a lift during these troubling times. It will pay off both for them and for you, writes Martin Woods.
2020-10-06T17:41:00+01:00By Aaron Nicodemus
So you want to mandate that all of your company’s employees get the coronavirus vaccine, once it’s available? Such a requirement is legal, but there are a host of considerations that might make it impractical, employment experts say.
2020-10-05T16:25:00+01:00By Maria L. Murphy
A new report from Deloitte highlights third-quarter financial reporting and accounting challenges that should be top of mind as the coronavirus pandemic continues with no end in sight.
2020-09-28T18:03:00+01:00By Compliance Week
The coronavirus pandemic has created an entirely new set of challenges and responsibilities for compliance, as the data from our second annual “Inside the Mind of the CCO” survey shows.
2020-09-28T15:15:00+01:00By Amii Barnard-Bahn
It’s a good thing you’re all experts in partnering for change, as more than 3 in 4 of you think COVID-19 will have a permanent impact on some compliance functions.
2020-09-25T20:47:00+01:00By Compliance Week
Join Compliance Week and Clear Law Institute for this free, one-hour Webinar to cover what training and education are needed to safely re-enter the workplace.
2020-09-24T17:02:00+01:00By Dave Lefort
In a 2020 full of Blursdays that all run together, it’s perhaps appropriate that the day created in your honor this year happens to fall when you don’t have to be in the office (otherwise known as your bedroom/kitchen table).
2020-09-24T16:50:00+01:00By Aaron Nicodemus
Our second annual “Inside the Mind of the CCO” survey revealed that compliance practitioners, by and large, have stepped up to meet the unique challenges presented by this very different, very difficult year.
2020-09-22T14:00:00+01:00Provided by Riskonnect
The coronavirus pandemic has shown the traditional way of managing risk and compliance fails when tested by fast-moving, interconnected risks.
2020-09-15T14:00:00+01:00Provided by BlackLine Systems
The ramifications of the coronavirus crisis will long outlast it—including how companies will close the books and ensure SOX compliance and where accounting and audit staff who perform these tasks will be located.
2020-09-15T13:00:00+01:00By Aly McDevitt
This installment looks back at Carnival’s history of environmental law convictions, plea agreements with the DOJ, criminal fines, and environmental compliance plans (yes, there is more than one).