I am definitely an optimist.  Frankly, there is no alternative.  Pessimists, by definition, ensure that the result they fear will occur.  Another way of saying the same thing – karma is destiny. Chief compliance officers see the world in terms of risks – they share a worldview with lawyers who are always asked to examine the worst case scenario.  For some reason, worst case scenarios...

June 6, 2017 12 PM EST Sign Up HERE Global companies face a variety of risks — anti-corruption, sanctions, export controls, antitrust and money laundering are just a few.  Many of these risks, if not all, can be present in the company’s supply chain. In response to this increasing set of risks and enforcement, global companies are integrating compliance strategies to manage its supply chain...

The United Kingdom has a number of interesting ideas and policy initiatives. The UK Bribery Act was a strong statement against corruption, but remains unenforced. The United Kingdom has enacted the Modern Slavery Act, which imposes a number of new requirements on global companies. The Modern Slavery Act is modeled after California’s Transparency in Supply Chains Act, but is much broader in application. The Modern...

A Chief Compliance Officer can get so overwhelmed with risks that it is hard to keep their focus on priorities. Risks are everywhere and no compliance program can address every risk – the trick is keeping your eye on the ball and focusing on the significant risk. There are lots of risks surrounding a company’s supply chain. Unfortunately, vendors, suppliers and their respective vendors and...