Coronavirus Pandemic


Leapforward

Surviving & thriving: Leadership in a time of unpredictable change

2020-05-26T18:51:00+01:00By

Executive coach Amii Barnard-Bahn reveals five tips for instilling compliance and ethics throughout the organization in times of uncertainty.

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CPE Webcast: Calculating COVID-19 third-party privacy risks

2020-05-26T14:00:00+01:00Provided by

COVID-19 has completely changed the way organizations do business, both internally and externally. The influx of sensitive data being collected makes proactively identifying and managing privacy risk a big challenge.

Mallory podcast

Podcast: Tools for leading during a crisis—high-performance teams

2020-05-22T13:09:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory explains the value of proper leadership to motivating a high-performance team as part of her emotional intelligence podcast series.

CoronavirusQuestions

CAQ: Virtual work, ICFR among coronavirus audit issues

2020-05-21T18:13:00+01:00By

The Center for Audit Quality advisory board member firms met with CAQ Executive Director Julie Bell Lindsay to discuss concerns relating to the coronavirus pandemic.

Coronavirus crime

Analysis: Opportunity knocking for coronavirus criminals

2020-05-21T15:41:00+01:00By

Financial crime expert Martin Woods explores how bad actors use crises like the coronavirus pandemic to exploit fear, perceived weaknesses, and obvious vulnerabilities and further their criminal enterprise.

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CPE Webcast: Best practices for enabling remote audit with tech

2020-05-21T14:00:00+01:00Provided by

Although company management and auditors may not see eye to eye on everything, they can agree that teams must find new ways to effectively work together during the COVID-19 crisis.

Michael Ward

Advice for CCOs: Pandemic ‘exceptions’ will be judged in ‘harsh light of hindsight’

2020-05-20T16:46:00+01:00By

The coronavirus pandemic is not a “Get Out of Jail Free” card. It is not an excuse machine—just one of the lessons explored during Compliance Week’s recent Virtual Conference.

PathToEthics

Ethics and compliance tips for charting a path in uncharted times

2020-05-19T16:19:00+01:00By

A panel of experts speaking at Compliance Week’s 2020 Virtual Conference share helpful tips for chief ethics and compliance officers on how to lead successfully in a time of great uncertainty.

Samantha Power

Former UN ambassador Power’s message to CCOs: ‘Don’t be silenced’

2020-05-18T16:34:00+01:00By

Speaking at the Compliance Week 2020 virtual conference, former UN Ambassador Samantha Power offered advice on how to address abuses happening during the pandemic and praised the upsurge in strong female leadership around the world.

Mallory podcast

Podcast: Tools for leading during a crisis—stretch goals

2020-05-18T14:34:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory reviews the pros and cons of setting ambitious goals as part of her emotional intelligence podcast series.

Coronavirus look ahead

Flexible approach needed in return from coronavirus

2020-05-18T13:21:00+01:00By

Can an employee, fearful of contracting coronavirus, refuse to return to work? Though the law may be on the employer’s side, there should be room for negotiation.

MedTechGuidance

AdvaMed issues pandemic compliance guidance for med-tech

2020-05-15T15:26:00+01:00By

The Advanced Medical Technology Association has released new compliance guidance for medical-technology companies to guide them in mitigating compliance and corruption risks as they help healthcare providers fight coronavirus.

power_anderson

Coronavirus has made CW2020 a (virtual) gathering like no other

2020-05-15T14:58:00+01:00By

The coronavirus pandemic has made getting together for our annual National Conference impossible, but it’s also made this virtual gathering (Monday and Tuesday) perhaps the most important one we’ve ever had.

EnvironmentalLaw

Nine AGs sue EPA over non-enforcement policy

2020-05-14T19:24:00+01:00By

A coalition of nine attorneys general filed a federal lawsuit against the EPA in response to the agency’s policy that it will stop enforcing requirements under a wide range of federal environmental laws during the coronavirus pandemic.

SupplyChainInnovation

Driving innovation in supply-chain practices post-pandemic

2020-05-14T18:43:00+01:00By

A number of forward-thinking companies are using the coronavirus pandemic as an opportunity to drive promising innovations in their global supply chains.

supply wisdom300x200

CPE Webcast: COVID-19: Renewing risk management programs

2020-05-14T14:00:00+01:00Provided by

Risk events eventually diminish, and the focus naturally turns to recovery. But COVID-19 represents a unique challenge due it’s prolonged effects and the resulting cascading risks and possible disruptions.

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SEC: Enforcement efforts still extend beyond coronavirus

2020-05-13T20:36:00+01:00By

Steven Peikin, co-director of the SEC’s Enforcement Division, said while coronavirus-related matters remain a top priority for the agency, “our other priorities also remain in place.”

WorkplaceDistancing

Analysis: Why compliance culture must lead in return from coronavirus

2020-05-13T17:37:00+01:00By

Is managing our return to the workplace a job for the compliance department? The better question may be how can we get all employees to serve the wider compliance effort, writes Martin Woods.

Mallory podcast

Podcast: Tools for leading during a crisis—fear

2020-05-13T17:37:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory explains the importance of identifying and overcoming your fears as part of her emotional intelligence podcast series.

exterro data privacy

e-Book: Data privacy enters age of Coronavirus

2020-05-12T19:36:00+01:00Provided by

Compliance with specific regulations—such as the California Consumer Privacy Act—has taken a back seat during the coronavirus pandemic to more pressing concerns, including videoconference pitfalls, making sure remote workers are operating securely, and coronavirus disclosure.

AccountingCoronavirus

PCAOB inspection pause ends without extension

2020-05-12T15:57:00+01:00By

The Public Company Accounting Oversight Board announced the conclusion of its coronavirus-related 45-day relief period on audit inspections without an extension.

Oil collapse

Analysis: Oil collapse leaves Singapore traders scrambling

2020-05-12T13:04:00+01:00By

Recent fraud complaints at oil traders in Singapore highlight the risks in the international business of commodity finance, where high prices provide high rewards and low prices can leave lenders exposed.

FranceAmazon

Amazon shuttered in France over COVID-19 emergency costs

2020-05-11T18:08:00+01:00By

E-commerce giant Amazon has shut up shop in France because the cost of compliance with the country’s COVID-19 emergency measures is deemed to be too high.

Remote investigations

Seven tips for internal investigations in the age of coronavirus

2020-05-11T12:44:00+01:00By Lara Burke & Dominique Strieder, CW Guest Columnists

For companies, compliance professionals, and lawyers who are currently conducting or about to begin complicated internal investigations remotely, we suggest a few practical pointers.

PPP

House committee seeks to claw back PPP loans, singles out five companies

2020-05-08T19:34:00+01:00By

A House committee is demanding that large public companies that accepted Paycheck Protection Program loans meant for small businesses return them immediately.

Mallory podcast

Podcast: Tools for leading during a crisis—stress

2020-05-08T15:17:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory examines two popular ways to cope with stress and offers tips to combat fatigue as part of her emotional intelligence podcast series.

Risk

Coronavirus fallout: Four ways to manage fraud risk

2020-05-07T19:50:00+01:00By Jake Plenderleith, International Compliance Association

The spread of the coronavirus has elevated the visibility of fraud for the general public and exposed to senior management in firms the seriousness of the consequences of underestimating the threat.

AuditAdvice

How audit committees should prep for coronavirus challenges

2020-05-07T16:52:00+01:00By

Hille Sheppard of Sidley Austin offers some insights into what tactics audit committees should employ to confront uncertainties caused by the coronavirus pandemic.

BrokenChain

How some companies are hedging supply chain risk during pandemic

2020-05-06T20:21:00+01:00By

As financial hardships caused by the coronavirus pandemic take their toll, some forward-thinking companies have made changes to the benefit of suppliers, serving as leaders for others in their industry.

columnist icons - kyle

VP’s abrupt exit paints Amazon as coronavirus villain

2020-05-06T17:14:00+01:00By

Saying there is “evidence of a vein of toxicity” running through Amazon’s company culture, a now-former VP is the most prominent voice to speak out against the tech behemoth’s actions during the coronavirus pandemic.

Mallory podcast

Podcast: Tools for leading during a crisis—dysfunctions of a team

2020-05-06T13:54:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory shines light on a handful of individual risks to team performance as part of her emotional intelligence podcast series.

EU shop closed

European regulators warn coronavirus villains will be punished … eventually

2020-05-05T15:14:00+01:00By

While EU regulators have not engaged in investigations yet or launched many (or any) coronavirus-related enforcement actions, lawyers warn they will do so later down the line and believe they will tackle “worst offenders” first.

AuditCoronavirus

PwC guidance: Navigating audit committee responsibilities amid the coronavirus pandemic

2020-05-05T14:00:00+01:00By

Internal auditors will want to check out a recent publication from PwC on how to navigate core audit committee responsibilities amid the coronavirus pandemic.

EyeOnDataPrivacy

Senate Republicans to introduce contact tracing privacy bill

2020-05-04T17:19:00+01:00By

Senate Republicans say they will soon introduce a coronavirus-specific data privacy bill that would create regulations under the FTC for companies collecting personal data to fight the ongoing pandemic.

Protect whistleblowers

Whistleblowers have never been more important … or more targeted

2020-05-04T13:47:00+01:00By

If there’s anything to be learned from recent examples, it’s that whistleblowers do more than anyone to speak truth to power. That’s why it’s so important they are both listened to and properly protected and rewarded.

Mallory podcast

Podcast: Tools for leading during a crisis—trust

2020-05-01T16:28:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory shares tips for building a culture of trust within an organization as part of her emotional intelligence podcast series.

cw coronavirus ebook

e-Book: Tackling Coronavirus Risk

2020-04-30T20:58:00+01:00By Compliance Week

This e-Book is a compilation of Compliance Week’s coverage on the unprecedented Coronavirus pandemic. As our society continues in a work-from-home digital model, learn how to continuously protect your company and employees from the risks.

breach

Current cyber-environment calls for proactive approach

2020-04-30T15:26:00+01:00By

The conventional wisdom on cyber-security is to play defense and respond quickly to breaches. But these are not normal times, and proper cyber-hygiene is more important than ever.

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White paper: Reinventing Security, Risk & Compliance Practices Through COVID-19

2020-04-30T06:43:00+01:00Provided by

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.

Mergers

M&A due diligence landscape forever altered by coronavirus pandemic

2020-04-29T19:45:00+01:00By

The coronavirus pandemic has affected both the risk landscape and the diligence protocols for merger and acquisition transactions at every stage of the game. But while deal terms may be negotiable, what should be non-negotiable is the compliance function’s role in M&A transactions.

Questions raised

FASB Q&A tackles coronavirus effect on hedge accounting

2020-04-29T17:20:00+01:00By

FASB staff issued a question-and-answer document to address uncertainty about the effects of the coronavirus pandemic on cash flow hedge accounting under Accounting Standards Codification Topic 815.

Mallory podcast

Podcast: Tools for leading during a crisis—mindset

2020-04-29T15:26:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory explains the benefits of having a growth mindset during times of crisis as part of her emotional intelligence podcast series.

BusinessDecisions

Six steps to emerging from coronavirus with a strengthened compliance program

2020-04-29T15:22:00+01:00By Alejandra Montenegro Almonte and Ann Sultan, Compliance Week Guest Columnists

One day—maybe in the not-too-distant future—we will emerge from the coronavirus pandemic to some semblance of normalcy, a “normal” likely different from the one we left a few months ago. How do we best prepare for this next chapter?

Liar

Praxsyn’s apparent COVID-19 investment scam points to broader trend

2020-04-28T18:29:00+01:00By

The SEC announced charges against Praxsyn and its CEO for lying about acquiring and being able to supply millions of N95 masks, joining a long list of other companies alleged to have participated in COVID-19 investment scams.

Hotline

Best practices for maintaining a healthy incident-response program

2020-04-28T15:18:00+01:00By

NAVEX Global’s annual “Risk & Compliance Hotline Benchmark Report” provides chief ethics and compliance officers with best practices on how the performance of their hotline and incident-management programs stack up against their peers.

AuditResources

CAQ exec: How audit must adapt amid coronavirus challenges

2020-04-27T14:23:00+01:00By

Julie Bell Lindsay, executive director of the Center for Audit Quality, shares her perspectives on how public company auditors are coping with new challenges from the coronavirus pandemic.

Interconnected

Third parties & coronavirus: Advice for traversing web of interconnected risks

2020-04-24T17:53:00+01:00By

The coronavirus pandemic has created a sea of red flags in every company’s supply chain. When each alert indicates a possible disruption, which ones do you act on?

Mallory podcast

Podcast: Tools for leading during a crisis—confidence

2020-04-24T14:36:00+01:00By Penny Mallory

Performance coach and former rally car champion Penny Mallory explains the importance of confidence and how to develop more over time as part of her emotional intelligence podcast series.

columnist_nicodemus

Do ethics truly pay? PPP fiasco may tell us

2020-04-23T19:57:00+01:00By

Just because a company can qualify for a government coronavirus aid loan doesn’t mean it should accept one—it could mean the difference between a successful brand and an unethical countenance.

Boeing

Preparing for post-pandemic turbulence, Boeing combines legal, compliance

2020-04-23T19:15:00+01:00By

Boeing announced several leadership and organizational changes, to take effect May 1, as the airline industry braces for post-pandemic turbulence.