The world had a glimpse last month into how well large companies are implementing ideals of environmental care and fair labor into their supply chains and their own operations — and alas, the results were not great.… Continue Reading
The corporate compliance community glimpsed a rare event in August: a federal court decision, U.S. v. Hoskins, tried to define the limits of individual liability under the Foreign Corrupt Practices Act.… Continue Reading
The Panasonic enforcement action in April — resulting in $280 million in penalties and disgorgement to the DOJ and SEC — offers almost every lesson a compliance officer might want to discuss about anti-bribery programs.… Continue Reading
Emerging technologies have a habit of sneaking up on corporate ethics and compliance functions, so anticipating their consequences is always a worthwhile pursuit. One emerging technology that isn’t brand new but is still an enormous challenge is the Internet of Things.… Continue Reading
Performing due diligence on third parties can be hard. When you discover that your third party is still in diapers, however — that’s pretty much a surefire sign something is amiss.… Continue Reading
In mid-December EU lawmakers adopted amendments to the region’s 4th AML Directive that will bring more transparency and enforcement to the corporate world.
The intention is noble: to crack down on money-laundering, tax evasion, and other corporate corruption, as put on display by release of the Panama Papers in 2016.… Continue Reading