As we enjoy the remainder of the summer and get ready to launch into a new fall season (no, not football) but a time for renewal and recommitment, this may be a good opportunity to examine and analyze your own compliance program. DOJ’s framework provides a valuable set of questions and issues needed to conduct this analysis. It is important to note the critical ability...
Webinar: How to Conduct a Compliance Program Assessment December 1, 2021, 12 noon EST Sign Up HERE Global companies face ever-increasing expectations as to the effectiveness of their respective ethics and compliance program. Government prosecutors and regulators are less tolerant to weaknesses in ethics and compliance programs. In addition, stakeholders and investors are demanding improved corporate governance performance as an essential part of a company’s ESG program....
If you give a Chief Compliance Officer truth serum and ask him/her whether they believe a risk assessment is valuable, what do you think the CCO say? Let’s start with the cynical side – not that I am a pessimist. Many CCOs will candidly tell you that a risk assessment provides them with a colorful and expensive report on the company’s risks that contains no...
A Chief Compliance Officer can get lost in terms, titles, risk management solutions, effective services, magic bullets, absolute requirements and ultimately confusion. Whether the strategy is called lines of defense or some other moniker of professionalism and deep thought, the real work occurs in the trenches and with a practical eye to minimizing risks while protecting the company. When a CCO adheres to common sense...
