Risk & Compliance Matters

For the first time, Acting Assistant Attorney General Brian Rabbitt spoke publicly about the Department of Justice’s thoughts and intent behind the publication of its 2020 update to the Evaluation of Corporate Compliance Programs. Here’s what he had to say.

National Whistleblowing Day 2020 is a great time to revisit your company’s process for protecting this critical role: how the data is handled, and how the whistleblower’s identity is protected, by a resilient system. CCO Carrie Penman had this to say in 2019.

NAVEX Global’s Chief Risk & Compliance Officer, Carrie Penman, shares her observations about how the DOJ’s new guidance will further elevate the role of compliance professionals and impact the profession going forward.

The newly released 2020 Definitive Risk & Compliance Report reveals the state of the current compliance landscape, based on a survey of 1400+ industry professionals. One main takeaway: Leadership buy-in is key.

It’s time to look at FCPA compliance again, as the SEC sanctions U.S. companies for poor accounting controls. But while accounting is in the hot seat, the requirements of training, risk assessment sound a lot like a compliance officer’s responsibility.

Most organizations weren’t prepared with a business continuity plan to help them get through the pandemic. So when COVID-19 hit, the most  companies could do was dust off their disaster recovery plans and react. Here are 6 ways to be proactive and shift from disaster mode to a business continuity plan.

The DOJ’s latest guidance calls on compliance programs to leverage multiple sources of data to assess organizational risk, review their programs, and update policies, procedures and controls. To do that, compliance officers must work closely with IT departments and learn how to put the information they collect to good use.

Social justice and equal protection under the law took a big step forward on June 15, when the U.S. Supreme Court ruled that federal civil rights law prohibits workplace discrimination against gay and transgender employees. Corporate compliance officers must now ensure that the Bostock ruling is upheld in their own company’s policies, procedures, and practices.

For more than 150 years, June 19th has commemorated the effective end of slavery in the United States and is recognized as a day to celebrate freedom. Today, we join those in the US and around the world in acknowledging and celebrating Juneteenth.

The pandemic has changed the scope of  business risk assessments in many ways. Risk assessors must rely on a different set of tools, like good relationships with other business units, to get buy-in for needed changes.