Supply Chain


Justin Ross, CCO

Guiding FedEx through pandemic, Justin Ross named CCO of the Year

2021-05-11T16:00:00+01:00By

Companies across the globe faced a true test of competency this past year. FedEx passed the challenge with flying colors under the oversight of Justin Ross, CW’s CCO of the Year at the 2021 Excellence in Compliance Awards.

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CPE Webcast: Responsible sourcing: Mitigate ESG risks in your supply chain

2021-04-28T11:00:00+01:00Provided by

As customer expectations for transparency and ethical approach to business soar, companies that aren’t addressing the environmental, social and governance (ESG) impact of their organizations will get left behind. And that applies to who they work with too.

Suez Canal block

Bracing for impact: Supply chain risk management post-Suez Canal blockage

2021-04-27T15:25:00+01:00By

A month has gone by since a 1,300-foot cargo ship ran aground and blocked one of the busiest waterways in the world. For many industries, the ripple effects will continue to batter global supply chains for weeks to come, absent having in place a sound supply chain risk management program.

USTR

USTR threatens tariffs on 6 trade partners in response to digital taxes

2021-04-14T16:08:00+01:00By

The United States Trade Representative is seeking public comment on the potential implementation of tariffs of up to 25 percent on a long list of goods by six U.S. trading partners, including the United Kingdom.

Suez Canal

Suez Canal blockage serves as reminder for key supply chain risk lessons

2021-03-29T18:55:00+01:00By

The grounding of the Ever Given is the latest unexpected incident to cause severe supply chain disruptions around the world. The lessons learned from others, such as the coronavirus pandemic, are just as relevant, writes Aaron Nicodemus.

Northern Ireland

Northern Ireland turns up heat on modern slavery transparency

2021-02-19T20:18:00+00:00By

Northern Ireland Justice Minister Naomi Long has launched two consultation documents on measures to eradicate modern slavery from the supply chains of public- and commercial-sector organizations.

SolarWinds

SolarWinds hack turning into Pandora’s box of cyber-risk

2021-02-02T20:47:00+00:00By

The more we learn about the SolarWinds hack, the more troubled compliance officers should be by the scope and breadth of the risks their companies might have incurred.

Cloud supply chain

Learning from SolarWinds: Five steps to fortify your cloud supply chain

2020-12-30T20:24:00+00:00By

For most companies, supply chain risk management traditionally focuses on managing physical third-party risks. But what the SolarWinds cyber-attack revealed is the catastrophic havoc fourth and fifth parties can also wreak in the often-ignored cloud supply chain.

Coronavirus fails

Assessing 2020: Lessons learned for the financial crime landscape

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.

Walmart

Compliance called out in Walmart opioid lawsuit

2020-12-23T19:25:00+00:00By

The Department of Justice alleged many failures by Walmart’s compliance program in its 160-page lawsuit accusing the retailer of playing an active role in fueling the opioid epidemic.

may20

May 20 | TPCRM best practices that reduce supply chain risk

2020-10-30T17:33:00+00:00Provided by

Organizations are adopting digital transformation and, as a result, increasing their reliance on third parties faster than they can scale their third-party cyber-risk management programs.

Kara Brockmeyer

Brockmeyer at TPRM: Regulator expectations for monitoring third parties

2020-09-17T16:52:00+01:00By

Former chief of the SEC’s FCPA Unit Kara Brockmeyer shared what regulators are looking for when they assess a company’s relationship with its third parties at Compliance Week’s TPRM Virtual Summit on Thursday.

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CPE Webcast: Expert content + third-party risk = enhanced vendor due diligence

2020-09-10T14:00:00+01:00Provided by

Maintaining the status quo with your vendor risk management program is no longer acceptable in today’s ever-changing marketplace as supply chains can drastically change overnight.

Oreos

Mondelēz International latest to enhance tracing of palm oil sourcing

2020-09-04T16:58:00+01:00By

Mondelēz International has become among the latest consumer goods companies to tighten its sourcing requirements for palm oil, improving its traceability of suppliers. But recent analysis also finds the industry has a long way to go in its progress.

woods

Best practices KYC: What to do when your client is in the headlines

2020-09-02T15:50:00+01:00By

How do we, as AML professionals, assess negative media alerts? It should start with a conversation with the client relationship manager, but it shouldn’t end there, writes Martin Woods.

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CPE Webcast: Future-proof your global supply chain with data & analytics

2020-08-13T14:00:00+01:00Provided by

The COVID-19 pandemic has certainly changed the landscape of global risk, and many organizations are quickly adapting their third-party risk management processes as a result.

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CPE Webcast: Minimize exposure to supply chain regulatory and privacy risks

2020-07-23T14:00:00+01:00Provided by

Join Kroll for an opportunity to learn how you can help your organization better minimize risks in the post-COVID-19 world.

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Nailed It or Failed It? Disney sends anti-hate message to Facebook

2020-07-22T18:30:00+01:00By Compliance Week

In this week’s “Nailed It or Failed It?”, Disney gets kudos for throwing its weight behind the #StopHateForProfit protest, while PG&E earns criticism after being found responsible for yet another California wildfire.

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CPE Webcast: Rethinking third-party due diligence to minimize supply chain risk

2020-07-21T11:00:00+01:00Provided by

Businesses are rethinking their strategies to maintain operations, minimize supply chain disruption, and manage heightened exposure to financial, legal, regulatory, or reputational risks.

Fashion workshop

Boohoo complaints put spotlight on supply chains and working practices

2020-07-16T13:35:00+01:00By

Recent reports of underpaid workers at suppliers for U.K. fashion retailers Boohoo and Quiz shed light on inherent weaknesses in companies’ monitoring of their supply chains.

Tightrope

Nothing more important than knowing your risk exposure

2020-07-14T16:47:00+01:00By

In performing due diligence on your supply chain partners, do not be intimidated into accepting no for an answer. Being blind to potential risks is bound to get you into trouble, writes financial crime expert Martin Woods.

MaskBoxes

When manufacturing new product lines, be aware of new compliance risks

2020-06-05T15:51:00+01:00By

As companies around the world begin to manufacture products outside their comfort zone to address dire shortages in personal protective equipment amid the pandemic, compliance practitioners are negotiating new risks and challenges.

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Imagining a utopian food supply chain

2020-06-01T14:01:00+01:00By

If the coronavirus pandemic has taught us anything, it’s that we need a more resilient food supply chain. Jaclyn Jaeger explains what that could look like and how the public and private sector could play their parts.