Opinion


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Kudos to Business Roundtable for advancing ‘purpose of a corporation’

2019-08-22T18:49:00+01:00By

While some mock the true intent of the Business Roundtable’s newly revised “Statement on the Purpose of a Corporation,” others are lauding the fact that it brings social responsibility into the limelight.

Kyle Brasseur

Alexa isn’t sure if she cares about my privacy (and neither am I)

2019-08-19T14:58:00+01:00By

I lose no sleep over how much of my data privacy I potentially sacrifice in my daily life, and neither do most of us—deep down.

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Data privacy vs. national security: Moving the conversation forward

2019-08-14T19:00:00+01:00By

Data privacy compliance and national security seem to be in opposition—with one coming at the expense of the other. It’s time to instead focus the conversation on identifying opportunities for the private sector and government to collaborate.

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Epstein lesson: Ignored compliance advice a red flag

2019-08-14T12:57:00+01:00By

The Jeffrey Epstein scandal serves up a cautionary lesson for those who work for companies that put profits over ethics.

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Facebook settlement was barely worth waiting for

2019-07-24T21:01:00+01:00By

The compliance aspects of what will be expected of Facebook going forward were fair enough, but a lack of personal liability has us questioning the settlement.

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FTC looks worryingly timid in staying silent on Facebook

2019-07-15T19:19:00+01:00By

The FTC, by dragging its feet and keeping silent on a massive Facebook fine, raises concerns about its potential role as top cop on the data privacy beat.

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After another arrogant move, Facebook needs to be put in check

2019-07-11T21:17:00+01:00By

The social media company is hardly quiet about its crypto initiative, but nevertheless failed to see the materiality of creating a global payments system.

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Why CEOs today must be change leaders for social issues

2019-06-28T18:00:00+01:00By

The Wayfair walkout represents just the latest high-profile example of how social and policy issues continue to spill into the corporate ethics and compliance realm.

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Public register pros trump cons

2019-06-26T21:02:00+01:00By Matthew Stephenson

Harvard Law School’s Eli Goldston Professor of Law Matthew Stephenson discusses the benefits of public registers.

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No proof in public register value

2019-06-26T21:00:00+01:00By Geoff Cook

Consultant and independent director Geoff Cook offers evidence on why public registers are still lacking.

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Ask Amii mailbag: People skills, diverse backgrounds add to CCO role

2019-06-25T14:55:00+01:00By

In this edition of our compliance advice column, Amii Barnard-Bahn discusses what people skills are necessary to become a truly effective compliance practitioner.

David Lefort

Three reasons why you should save the date for CW2020

2019-06-19T18:16:00+01:00By

One of the most common pieces of feedback we heard from first-time attendees of the recently completed 14th national Compliance Week conference in Washington D.C. was that they wished they had discovered our three-day GRC-palooza sooner. Editor in Chief Dave Lefort explains why.

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Breaking up is dumb to do

2019-06-14T19:28:00+01:00By

Is splitting up big tech companies a cure for their outsized influence? Probably not.

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Ask Amii mailbag: How to break bad news to important people

2019-06-05T19:10:00+01:00By

In this edition of our compliance advice column, Amii Barnard-Bahn lays out four guidelines for tough conversations, and a guest expert weighs in on what to do if someone’s holding your data hostage.

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Policy change previewed by DOJ a tip of the cap to compliance

2019-06-05T16:00:00+01:00By

A change to the DOJ’s leniency program could be good news for companies that can demonstrate an effective compliance program.

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ExxonMobil governance as toxic as carbon footprint

2019-06-03T14:17:00+01:00By

The fact that ExxonMobil continues to think only about its bottom line and is indifferent toward the devastating global consequences of its actions demonstrates a corporate culture with no moral compass.

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My Compliance Library: Embedding nature and care into CCO job

2019-05-21T19:17:00+01:00By

In his latest book review, Richard Bistrong explores Paul J. Zak’s theory on how building relationships with colleagues and keeping communications honest and vulnerable is key to establishing a high-performing company.

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A legacy in cowboy boots

2019-05-06T15:49:00+01:00By

Former CFTC Commissioner Bart Chilton, who died last month, struck more a figure of a rock star than a regulator.

David Lefort

What you can expect from our new Website

2019-05-01T20:20:00+01:00By

Thursday marks an important milestone for Compliance Week, a culmination of months of planning and building the customized digital platform our subscribers deserve.

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Leave it to Trump to show us how not to hire a CCO

2019-04-03T21:02:00+01:00By

The Trump Organization reportedly has a new head of compliance, but was that hire, and whatever process was behind the pick, suitable for such an important position?

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Guarding the gatekeeper

2019-04-02T15:19:00+01:00By

Gatekeepers who have firsthand knowledge of corporate wrongdoing should be entitled to the same legal protections afforded to any other whistleblower.

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Ask Amii mailbag: Keys to effective, engaging training

2019-04-02T15:13:00+01:00By

Executive coach Amii Barnard-Bahn tackles your questions on compliance training, conducting an ethics health check, and more.

Columnist_Fox

South America cleans up its act

2019-03-27T21:41:00+00:00By

A look at key investigations and enforcement actions in South America and Mexico in the past four years signifies a changing legal landscape that offers compliance lessons in advancing third-party anti-corruption compliance.

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Avenatti arrest fallout: don’t confuse whistleblowing with extortion

2019-03-25T21:56:00+00:00By

A high-profile arrest of Michael Avenatti for an extortion scheme against Nike raises difficult questions of corporate responsibility regarding whistleblower initiatives.

David Lefort

Insider threats often are hardest to detect

2019-03-15T19:26:00+00:00By

In his latest editorial, Compliance Week Editor in Chief Dave Lefort applies what he learned at CW West to recent insider scandals and provides several compliance-related takeaways.

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My Compliance Library: How to create a ‘Fearless Organization’

2019-03-13T14:55:00+00:00By

Richard Bistrong explains how Amy C. Edmondson’s book on organizational health relies on the idea that employees are not governed by fear, but rather empowered by a safe environment that embraces honesty and candor.

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Facebook: Can a data privacy dog really learn new tricks?

2019-03-07T20:40:00+00:00By

Mark Zuckerberg, founder and CEO of Facebook, wrote a long, detailed blog post on Wednesday to announce new data security and privacy initiatives. Has he seen the light, or is this yet another false promise from the social media giant?

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Q&A: A view of bank risk from the battlefield

2019-01-24T13:15:00+00:00By

Compliance Week talked with Stuart Brock, director of Seal Software, about the risks faced by banks—not the least of which is third-party due diligence.

David Lefort

Data-bungling Facebook has to earn back our trust

2019-01-14T10:00:00+00:00By

It was a tight race, but we are officially declaring Facebook founder and CEO Mark Zuckerberg as the executive most in need of a compliance makeover in 2019.

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Counterpoint: Deregulation aids the majority

2019-01-08T14:00:00+00:00By Michael Busler

Stockton University Professor of Finance Dr. Michael Busler says regulating industry can be very costly to consumers.

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Point: Regulation is a stabilizing force

2019-01-08T13:30:00+00:00By Hersh Shefrin

Santa Clara University behavioral finance professor Hersh Shefrin says regulation is a remedy for a host of imperfections that interfere with well-functioning markets.

Robert Seibel

Q&A: Five questions with a TPRM specialist

2019-01-07T14:49:00+00:00By Compliance Week

Abercrombie & Fitch Senior Compliance Counsel Rob Seibel, a specialist when it comes to the implementation of a third-party risk management program, discusses trends and challenges around managing risks with third parties.

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Ask Amii Mailbag: How a bad economy might impact compliance

2019-01-04T14:51:00+00:00By

In the “Ask Amii” monthly mailbag, executive coach and former Chief Compliance Officer Amii Barnard-Bahn checks in on how compliance would fare if the economy goes south, lessons from Facebook’s tough year, and more.

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When the customer’s not right

2019-01-02T10:00:00+00:00By

The Petrobras, Stryker, and Polycom enforcement actions serve as a lesson to compliance officers on how to guard against customer bribery schemes.

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Disclosure reform an idea worth pursuing

2018-12-31T11:15:00+00:00By

The SEC is once again digging into disclosure reforms, and the debate has shifted from what to file to how frequently companies need to file.

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Top ethics and compliance failures of 2018

2018-12-17T12:30:00+00:00By

The biggest ethics and compliance failures of 2018 feature some big names, such as Wells Fargo, Danske Bank, and Tesla, and highlight some key lessons for compliance officers.

Columnist_Fox

Cases that make one wonder about the intent of enforcement

2018-11-28T15:30:00+00:00By

A close look at FCPA investigations into Danske Bank, Goldman Sachs, and Walmart prompt more questions than answers.

David Lefort

GDPR, Brexit keep compliance on its toes

2018-11-28T14:15:00+00:00By

The EU’s General Data Protection Regulation and Britain’s upcoming divorce from the European Union both have a tremendous impact on European compliance, but strategizing solutions around either one has proven to be difficult due to a lack of guidance and, in the case of Brexit, just plain chaos.

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Counterpoint: States should steer data privacy law

2018-11-27T12:30:00+00:00By Jim Steyer

Common Sense Media Founder and CEO James Steyer lays out the three key reasons why individual state privacy laws would trump a federal mandate.

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Point: Protecting privacy should be federal government’s job

2018-11-27T12:15:00+00:00By Cameron F. Kerry

Cameron F. Kerry, senior counsel at Sidley Austin, explains how a federal data privacy law could represent a win for business, privacy advocates, and consumers.

Wandall

What federal data privacy legislation might look like, and how you can prepare

2018-11-27T12:00:00+00:00By Hilary Wandall

Components from preexisting privacy laws are likely to compose a significant portion of the parameters into which a federal privacy mandate would fit, writes our guest columnist.

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Firms follow Google trend in ending mandatory arbitration

2018-11-19T15:15:00+00:00By

No more mandatory arbitration for sexual assault claims. Companies are following Google’s example in the wake of recent scandals.

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World Series compliance lesson: Take a hybrid approach to analytics

2018-10-27T13:15:00+01:00By

The World Series reinforced an important lesson in how compliance officers should deploy data analytics.

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Ask Amii Mailbag: Where and how to start your culture conversations

2018-10-22T12:45:00+01:00By

In the “Ask Amii” monthly mailbag, executive coach and former Chief Compliance Officer Amii Barnard-Bahn responds to your anonymous questions on building a culture of compliance, motivating underperforming employees, third-party risk management, and more.

David Lefort

Survey says you’re likely shopping for new compliance technology

2018-09-25T11:30:00+01:00By

Here’s what we know: You have a mandate to upgrade your compliance technology, at least some budget to do it, and sky-high expectations for improved operational efficiency and robust data reporting. At least that’s what the results of our compliance technology survey tell us. Are we close?

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Point: Benefits of crowdfunding

2018-09-19T11:30:00+01:00By Douglas Ellenoff

Attorney Douglas Ellenoff discusses why raising the crowdfunding cap boosts the fundraising method’s benefits.

Bart Naylor

Counterpoint: Crowds need to wise up

2018-09-19T11:30:00+01:00By Bartlett Naylor

Public Citizen’s Bartlett Naylor advises careful consideration of current crowdfunding rules before considering a cap raise.

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Ask Amii mailbag: Best practices for giving change a chance

2018-09-10T09:45:00+01:00By

In her first mailbag on some of the softer skills effective compliance leaders need, executive coach Amii Barnard-Bahn tackles your questions on change management, compliance training, creating a culture of compliance, and more.

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The ‘compliance transformation’ is coming

2018-09-05T16:11:00+01:00By Anthony Dell

The compliance officer of the future will need to have the same foundational requirements for the job, but also the flexibility to adapt to the rapid changes technology is bringing to the industry.

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My Compliance Library: Compliance lessons of fusing brand and culture

2018-09-05T10:00:00+01:00By

Richard Bistrong takes an in-depth look at Denise Lee Yohn’s, “Fusion, How Integrating Brand and Culture Powers the World’s Greatest Companies,” which offers organizations a model for merging internal values with external branding and guides the compliance function in linking stated values to operations.