These are some of the compliance-related stories that recently caught my attention.
Today’s compliance is more than due diligence and red flags by Alison Taylor in the FCPA Blog
Every year for the past decade, BSR has surveyed sustainability leaders at our global member companies on the State of Sustainable Business, in a collaboration with Globescan. To mark our 10th year and reflect the shifting global agenda, we have updated the list of corporate sustainability priorities we track: ethics/ integrity and diversity/ inclusion just appeared on our list for the first time. [More…]
Getting Seriously Public About Non-Compliant Expenses by Kristy Grant-Hart
Most fraud and anti-bribery enforcement actions which involve gifts and hospitality include lavish elements. Reports of managers stealing from the company to take luxury trips, buy themselves luxury gifts, or throw themselves lavish parties is the stuff of many articles and court cases. But the trend in companies is turning toward the punishment of smaller indiscretions, and the compliance profession should celebrate this shift. [More…]
How Tech Informs Compliance by Tom Fox
I asked [Thomas Sehested, co-founder and Chief Executive Officer of GAN Integrity Inc.] what a compliance professional might consider to focusing on initially from a tech standpoint. Interestingly, he noted that even with the wide range of company sizes and industry foci, “you want to look at what you do on a day to day basis and automate that so that you, as a compliance professional, can focus on what you’re good at and that’s making the strategic decisions about how your company should handle compliance. It should not be about chasing people down and making sure that they filled out their questionnaires and trainings.” [More…]
SEC Cybersecurity Requirements for Registered Investment Advisors (RIAs) By Pat Cleary
The post goes into excruciating detail as to what you need in order to roll out a fairly decent cybersecurity program that attempts to meet all SEC cybersecurity requirements. I do not recommend sitting down and reading this in one sitting. Take every section like a chapter and cross-reference it with your existing cybersecurity policy. If you don’t have a policy yet, go ahead and build out a cybersecurity manual, one section at a time, using this post and the NIST Framework as a guide. (If you are in a hurry, you can read this post first.) [More…]
Giving Cops The Finger Is Protected Speech, Says Another Federal Court by Tim Cushing
Another federal court has given its official approval of flipping the bird to cops. This isn’t to say it’s a wise idea, just a Constitutional one. Extending the middle finger is protected speech. [More…]